All Forum Posts by: Matt McGuire

 That's true if you are house hacking, but my goal was to never have to go there. I don't want to have to collect keys from tenants and deal with lost keys. I just wanted to be able to do everything remotely. 

I am using Hornbill locks that I got from Amazon. They are OK but I have had some problems with the ones that are installed on the exterior doors. My house is a 7 bedroom and all the interior doors are working fine. The outside ones will sometimes just quit working randomly and the tenants are locked out. It seems to always happen in the middle of the night or super early like 4am. 

The app will randomly generate a code for you but its not automatic. I have to go in and tell it to generate one but it only generates an 8 digit code for some reason. I like to keep it simple with 4 digit codes so I just "randomly" generate one myself. 

I agree with Michael, you need to run the numbers. If you are trying to put 1% down and finance $1.3M, you are looking at somewhere in the neighborhood of $10k/mo just for the principal and interest. Then you need to set aside for capex, repairs, and vacancy. Can you imagine how much it costs to put a roof on that place?!    

Its a pretty risky venture if you ask me. 

The goal of this meetup is to help people invest in real estate. This is an opportunity to meet and have a conversation with like-minded individuals. All levels are welcome. If you've never done a deal or if you done a thousand, come meet other people interested in real estate investing. We discuss all sorts of topics including investing strategies, lending/finance, business, health, wealth, happiness, retirement, etc. It's a great time and a great way to expand your network.

The goal of this meetup is to help people invest in real estate. This is an opportunity to meet and have a conversation with like-minded individuals. All levels are welcome. If you've never done a deal or if you done a thousand, come meet other people interested in real estate investing. We discuss all sorts of topics including investing strategies, lending/finance, business, health, wealth, happiness, retirement, etc. It's a great time and a great way to expand your network.

Glad to hear that. Looking forward to meeting you!

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Hi Sean, 

It was a light turnout last time but was still excellent. The next one will be May 18th. It is always the third Thursday of the month. I just posted it so you should be able to find it now and rsvp. Hope you can make it to the next one!

The goal of this meetup is to help people invest in real estate. This is an opportunity to meet and have a conversation with like-minded individuals. All levels are welcome. If you've never done a deal or if you done a thousand, come meet other people interested in real estate investing. We discuss all sorts of topics including investing strategies, lending/finance, business, health, wealth, happiness, retirement, etc. It's a great time and a great way to expand your network.

Absolutely! It typically lasts til 9:30 or so.