All Forum Posts by: Neil Aggarwal
Neil Aggarwal has started 8 posts and replied 508 times.
Post: Determined New Investor, Dallas

- Lender
- Richardson, TX
- Posts 537
- Votes 228
I think you can also list your room to rent on Zillow.
Post: Determined New Investor, Dallas

- Lender
- Richardson, TX
- Posts 537
- Votes 228
Yard signs and Craigslist work to find people. I use TransUnion SmartMove to run a credit check and background check before leasing, it has been pretty good for me. Make sure you have a signed lease and be very clear on the terms and enforce them. NEVER rent to friends and family, that is a problem just waiting to happen.
Post: Determined New Investor, Dallas

- Lender
- Richardson, TX
- Posts 537
- Votes 228
Welcome to the madness! Are you planning to buy a house and do updates and fixes? Are you going to do that work yourself or pay other people to do it?
A good strategy for someone young and single is buy a run down house, move into it, and fix it while you live there. Then, after 2 years, sell it for a profit. Repeat. The IRS helps you by allowing you to take the gains tax free.
Post: Selling Primary Residence - What to do next?

- Lender
- Richardson, TX
- Posts 537
- Votes 228
If you have that level of flexibility, I think you should move into a distressed house and fix it up while you live there. Then, sell it for a profit and repeat. The IRS helps you by allowing you to take tax free gains on your primary residence every 2 years.
Post: Transitioning out of a full-time job into real estate

- Lender
- Richardson, TX
- Posts 537
- Votes 228
Starting anything new is not going to give you regular income for a little while. And since you still need income from his side, I would check if he can drop to part-time at his existing job. That would be ideal since they already know his skill set and are willing to pay him.
Post: Credit Repairs by Lenders

- Lender
- Richardson, TX
- Posts 537
- Votes 228
I never believed in credit repair companies. You can do it all yourself. Live frugally and pay off your debt. I don't need to pay someone to tell me that.
Post: Please help me assess my Dallas PM

- Lender
- Richardson, TX
- Posts 537
- Votes 228
It does not matter what other people think. If you are not happy with your interactions with the PM, replace them.
Post: newbie looking for more info on DFW rental property

- Lender
- Richardson, TX
- Posts 537
- Votes 228
Dallas has become very competitive. Good deals are harder to find now.
Post: Per use fee for liens and judgments reports?

- Lender
- Richardson, TX
- Posts 537
- Votes 228
Originally posted by @Ronald Rohde:
Hi Neil, would be happy to chat and see if we could help.
Thank you for following up with me. I sent you a private message. Let's chat offline.
Post: Per use fee for liens and judgments reports?

- Lender
- Richardson, TX
- Posts 537
- Votes 228
Ok, great. I will wait to find out what their pricing is. Thanks for the help!