All Forum Posts by: Mitch Price

https://www.biggerpockets.com/...

@HarveyYerginIV Thanks for the info. 

1. Yes I was aware of the inspection. I'm having work done on the side now. (New toilets, vanities, kitchen cabinets, and shower/tub) So would it be best to schedule inspection after work or now so I can relay needed info to contractor?

2. How much of a delay are we talking? Afew days, weeks, months??? Or does that just depend on me? 

3. In regards to the screening process do I personally get to screen the tenants that are eligiable? 

4. My market rent is $860 so I should ask for say $1260? 

@Tyler Gibson thanks for the response. Great points. My neighborhood is I'd say a "C" neighborhood. And current market rate is $860. So it does make sense for me to look into it. Where specifically is a good place for research? 

Hello, Im debating on going Section 8 or not. I have a duplex that I am the owner occupant of currently. One side is rented out just fine, but Im thinking about putting the other side on Section 8. Ive been investing for afew years now so I heard the good, the bad, and the ugly about going Section 8. It was brought to my attention recently to considerate it as an option. Id love to hear from people who have or are using Section 8 for renting to tenants. Let me know what you like and dislike about it. Does it make sense for my situation?

Try

 Marlon Page (404) 454-7651

Home Inspection Providers, LLC

Ive used him for several of my inspections. He and his team are great. Very thorough and detailed with the property and report they provide you with afterwards. No stone left unturned.  

@Dennis M. @Sam Shueh @Susan Maneck also whats the best way to go about having the properties sold to me when they do decide to give up the business? I know they cant just give them to me. How should they go about transferring them to me in the most ethical and economically sound way?

@Sam Shueh thanks

@Dennis M. very true! that is most certainly the plan!

@Susan Maneck thanks for the info. I will look into the numbers. Although relying on appreciation isn't my goal....ill keep that in mind

@Dennis M. Correct. I do plan on self managing if my parent were to deed the houses to me. I figured with the help of my brother-in-law who lives in Mississippi, we can manage them pretty well. (Although I have a rule not to do business with family haha, but this is alittle different). Numbers wise it makes sense, right?

@Susan Maneck the house is old. It was built in like the 1940s. But is structurally sound and has been rehabbed to the point where it is livable. Maintenance honestly doesn't require much other that the occasional clogged sink. Like I said Ive been helping with the management of these houses for about +10 years. Nothing major is needed really to maintain them at least for the foreseeable future  

@Susan Maneck Its 676 sq ft. Median rent for the area is around $600....yeah low but not too off the average