All Forum Posts by: Mark Laczynski
Mark Laczynski has started 3 posts and replied 10 times.
Post: BP + RentRedi Partnership Sign Up

- Posts 10
- Votes 4
I messaged @Nate Slappey III
I'll hold off on emailing BP support, since I don't want to open 2 different channels to track this.
Post: BP + RentRedi Partnership Sign Up

- Posts 10
- Votes 4
Has anyone been able to sign up for RentRedi? I just got a message from their support telling me that they "cannot process payments on your behalf. We apologize for the inconvenience, but must part ways."
Post: Veno to collect rent.

- Posts 10
- Votes 4
Glad to hear Venmo works well. I found out Zelle has limits on how much you can transfer. Has anyone run into limits with Venmo by any chance?
Post: Beginner to Real Estate Investing: Looking to Make Connections =)

- Posts 10
- Votes 4
Welcome @Ally Coghlan
FYI there are meetups you can find in NNJ if you search the board a bit. That maybe a good way to network here.
Post: RockStar House Hackers of North Jersey

- Posts 10
- Votes 4
@Janice Reaves Morristown is accessible via public transport, but when I looked it was 1.5+ hours from Hackensack (and even my location). Maybe we start our own meetup.
Post: RockStar House Hackers of North Jersey

- Posts 10
- Votes 4
I'm a maybe, I gotta figure out how to get to Morristown.
Would a meet up in the future be possible further north (Secaucus or JC area)?
Thanks for the input @Nathan Gesner and @Chris Seveney
I looked at a property today that I would be happy to put an offer out. Two questions are coming to mind before pulling such a trigger.
1) The basement is unfinished, I'm curious if there is any reason someone could not finish a basement that would include a bathroom & kitchen. Is there something I should check for myself? (The property currently is a multi family top-bottom situation)
2) Should I have a contractor look at the basement before putting my offer in or is there another time in the buying process I can bring them in?
Looking forward to your insights.
Post: Need advice! Negative cash flowing property

- Posts 10
- Votes 4
This is a great question, since I'm in a similar spot. I'm currently looking for properties to house hack and can't make numbers work for cash flow on anything I see. With that said, what are reasonable expectations in this real estate game? I was under the impression that you could cash flow with house hacking. Is it a game of patience to eventually come upon what I'm looking for? Curious what the experienced investors perspective is one this.
My situation is that I'm starting out and am leaning toward buying properties in the area I live because it's just convenient and feels like a natural place to start and I like the area. But I want to ask the community if there is any case for starting in a location further away like out of state? Is out of state more of a down-the-line strategy?