All Forum Posts by: Luke Marsh

Welcome John! Best of luck on your journey!

As a couple others have mentioned, I would really try to educate yourself on real estate, get an idea of what niche you like the best, and really try to dig into it more with more intermediate/advanced books or other resources. (There are a lot of resources here on BP alone.) I would also try to learn your market as much as you can as well. Hope this helps, best of luck!

I always recommend reading a few of Brandon Turner's books, which you can find in the BP book store. They have a lot of value and are also very friendly for newer investors. Best of luck!

Hi @Blaine Alger there are definitely some PM software options out there that are much simpler to use than others. They can essentially setup auto-pay similar to their other bills. We use Innago for our property, and the tenant loves it, they are also less tech savy than the average person. I would look into some of the more user friendly PM options. Despite the risks you can always collect rent via check or cash if she is 100% against paying online too. 

Hi Michael. Welcome to BP! I would recommend digging into the resources here on BP. I have read a few of the books in the bookstore as well, there are some really great ones in there by Brandon Turner that are perfect for beginners. If you are looking for a more broad based book, I know a popular one here is Rich Dad Poor Dad. Either way, best of luck!

Hi Harold! Welcome to BP! I would say the biggest things were just learning everything I can about real estate through books, podcasts, articles, etc. while also really trying to master my market. Best of luck!

Hi @Luke Smith, welcome to BP! I am currently living in Lexington KY, but have property back in Owensboro, that requires me to visit every so often. If you ever want to meet up, let me know! Best of luck!

Welcome to BP @Cielo Macaraeg! I started my real estate journey by buying a single family property and slowly grew from there with other investments. 

I would look at local laws to be sure, but typically if there isnt an early termination clause stated in the lease it would be a violation not to complete it. Now as mentioned by others, landlords typically are required to mitigate their losses with re-renting.

We used landscape fabric and crushed rock on our driveway several years ago. We did have to do some maintenance around 5 years with some more rock, but the weeds have never been an issue.