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All Forum Posts by: Nadir M.

Nadir M. has started 66 posts and replied 450 times.

Hello everyone,

It’s obvious that there is lots of talk about this election, low interest rate, and sooner than later, another possible 2008 repeat.

I’m currently UC in the Midwest. Market in this area has definitely maxed out. This brings up my market crash question which I feel like is a very common question these days. My gut feeling is that we are in a bubble that will pop in the very near future. What’s everyone’s game plan? Buying or holding and waiting for market to run its course? If market does crash, I feel like there will be a new higher low?? I have contingencies on this contract I’m in. Wanted to get everyone’s feeling on this.

Thank you

@Devin Redmond

This helped tremendously. I agree, to learn the most I can I would need to manage myself. I have my work cutout for me. Looking for my next property to try to self manage. In the mean time, I’ll just read up and try to learn as much as I can.

@Dave Spooner

This is great. Looks like I’m sold on cozy. From the sounds of it, there are also leases I can choose from on the site or is it that I can upload my own lease for tenants to sign through the site?

@Jibu Vergis

Autopay is a great tool and glad cozy offers it. 5-6 days isn’t too bad And I agree confirmation of payment is really all that I’d be looking for. Thank you.

@Sharlene

Innago seems very similar to cozy. Have you had experience with both?

@Jibu Vergis

Cozy.co is a great source. Went into great detail and it seems to be very helpful. Do you currently manage your own properties? Is cozy what you use? Doesn’t seem like there’s an app available.

Hello everyone

I’m currently UC on a property out of state and contemplating on managing it myself and finding my own tenants. I know this will be difficult at the start but need to start somewhere. Does anyone have any recommendations on tools or sites to run a background check? What about sites for obtaining leases. I know BP has leases for each state and I will look into this. I know you can run background checks and post rental properties for rent on Zillow for a small fee. Will Zillow be a decent option? Any info is greatly appreciated.

Thank you,

@Janet Perez

HomePath.com

Read David Green’s book on out of state real estate investing.

Looking to invest in a new market. Looking to get some recommendation on some up and coming markets that I can invest in out of state. Any help is appreciated.

Thank you,

Post: My First Rental Property Freak Out

Nadir M.Posted
  • Posts 454
  • Votes 99

@Justin Johnson

In the contract there should have been a clause protecting you from this: basically stating that the condition of the property has to be the same as when you saw it originally and that all details need to be released to purchaser and that the seller will allow purchaser to walk through property within 2 days before closing to make sure they abide the Purchase Agreement. I feel like the tenant leaving at closing should have been discussed with you prior to closing.