All Forum Posts by: Robert Biggerstaff
Robert Biggerstaff has started 11 posts and replied 290 times.
Post: Beginner Investment Strategy
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
The first that i recommend is figure out where you want to end up at ! Then the path will be clear.
Post: Pensacola Agent referral
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
Call 8503241673
Post: Looking for networks in Pensacola
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
Hey there I’m in Pensacola as well send me a message with your number I’ll give you a call
Post: Investing in Areas With A History of Natural Distasters
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
Smart move having the reserves for sure !
Post: Property Manager/Handyman in North Florida area
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
I have rental properties and also a construction/maintenance company my phone number is 850-393-9500
Post: Think about self insuring my properties
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
Mark what did you end doing ?
Post: Landlord to rent to own
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
Originally posted by @Dennis M.:
If you have a single family home it doesn’t make sense to rent it out . The Roi sucks and your on the hook for everything ! You should be doing lease options and then owner financing . Of coarse most people suffer from bdls on here .“ Brain dead landlord syndrome “ and say they want to own a rental forever not truly understanding the dynamic of the situation long term
Good point and yes you’re so very right. I see people all the time stay stuck in the situation. It’s kind a like saying if I never sell it for less than what I paid for it I’ll never lose money
Post: Landlord to rent to own
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
Thank you !
Post: Buying My First Rental Property??
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
Personally those numbers don’t seem real good to me. Make sure all your expenses are covered and you are profitable.....so many are clueless on what they are expecting and what is reality
Post: Landlord to rent to own
- Contractor
- Pensacola, FL
- Posts 303
- Votes 240
Thank you for your time. It seems to me when I’m crunching the numbers that %10 to capital expenditures, 10% to a property manager,10% to routine maintenance, and then %10 to vacancy could all be eliminated with doing a rent to own to a resident. Even though it might be less monthly coming in it sure looks like at the end of the year if they’ll be more in the account then if I just have a rental.....I would love to hear your thoughts and opinions thank you