All Forum Posts by: Robert Tinker

I listened to it. She did a great job!

Is there an Agriculture exemption or lower ag rate. Put some fence up and add cows or goats. I don't know New York ,but I know in Texas this can be an option.

@Paul Sandhu yeah I've read your posts where you mention that ,lol.

@Diane G. why 100% in cash?

Don't let fear stop you. If the numbers look good for that area go for it. Realtors and other hosts in the area can help you find cleaning and handyman. We are just starting out with one 4 hrs away and have some of the same concerns, but we will find a way to make it work. You can too , lots of people doing it. Good luck

Any tips on interviewing potential cleaners? Do you do background checks, or ask for references? My thoughts were to ask for references, ie other hosts. How about checking their insurance?

@Phillip Rosin, Lots of different directions you could go. I went the direction of an inexpensive rental that I Brrrr'd.  I felt I had less risk with a low price property if everything went South. So far so good. You could save up more and go for a higher price  dwelling. You could house hack and have a low down payment as an owner occupy and rent rooms out to cover your mortgage and save even more. Good luck with your endeavors. Just do the math.

@Alec Hilliard Doesn't sound good. Appraisal should be $300-$600. And the keep sending money and they still haven't closed? HML should be able to close in a few days. How did you find them or did they find you? See if you can get your money back and find someone else. Just my opinion.

@Phillip Rosin Good debt is one that earns you a return. Bad debt won't earn a return.

@Phillip Rosin Pay off the $65k. Then you would have $550 more each month, guaranteed. Your debt to income ratio is now better allowing you to qualify for loans for your investing easier.