All Forum Posts by: Michael Simolke
Michael Simolke has started 3 posts and replied 41 times.
Post: Ceiling hole temporary fix

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@Adam F. $750 wow way way over priced. Do it yourself in 20 minutes.
Post: Dropping out of High School.

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@John Moorhouse why would you want to work for grant Carson he doesn’t use the brrrrrrrrrr method
Post: Inherited Tenants and Month to Month

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@Greg Dowdell usually if you come in and say your the new landlord and ask if they will read over the new lease they will sign because they want to stay living there. As long as you don’t throw in anything that’s restricting to their current lifestyle they will sign.
Post: Best finishes for a rental/best way to get a house rented fast

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@Alexa S.perfect kitchen for a rental, no matter what your market is. If you go to sell the unit, that’s when you should update it!
Post: Is David Greene wrong?

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@Sean Mcmahon they would if they were a multi millionaire and could afford every good deal. Also, most agents aren’t investors... think of them like car salesmen.. do all car salesmen also find beat up old cars and fix them to sell?? I doubt it. Agents are going to make more money per time with less hassle then speculating a flip and dealing with the unknowns of a flip.
Post: How do you jump into your first deal?

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@Felix Torres in this game.. you don’t wait for the right deal.. you MAKE the right deal!!!! Good luck!!
Post: A newbie, looking at 3 deals, in Kentucky.

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@Christopher Gibson a newbie going for 10 doors in one shot.. good luck brother!
Post: New tenant is really late

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@Kevin Barnard start the eviction process. It’s long so get a jumpstart. Also it may send a good message to get paid on time.
Post: How do you jump into your first deal?

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@Felix Torres don’t worry about building a team. Everyone likes to say that cause it’s sexy. Learn as much as you can start small and grow at your own pace. Once you have too many properties to handle
Start worrying about your “team” teams cost a lot of money. And when you are starting out you don’t want to get caught up in the sexiness. Just be boring and basic and take one small step at a time.
Post: How do you jump into your first deal?

- Rental Property Investor
- Asheville, NC
- Posts 44
- Votes 49
@Felix Torres
Step 1. Save up for down payment and repairs.
Step 2. Get pre approved
Step 3. Make an offer
Step 4. Sign a bunch of papers
Step 5. Close and go to work
Step 6. Find tenants