All Forum Posts by: Sandy Gabin

Hi Catherine,  if you want to hear my opinion, I would invest the money to buy the condo, rent it out and get cash flow! That means more money in your pocket and then you might want to think about having financial freedom!  I am working on getting financial freedom!  I have 3 properties already and working on getting the 4th one.  I just love it! 

Hi Brian, 

Yes, you have 2 big red flags. If you can wait just a little longer, it would be better and you will find the right tenant. I've been there and I waited a long time but I was able to have my best tenants so far. Only you know how long you can wait. I wish you the best. 

Hi Jordan, I would do the same to ignore it. Just make sure that you add in the lease no smoking is permitted. Before renting out a unit I have to make sure by asking if anyone smokes cigarettes, marijuana, hookah, etc. I hate the smell of it and want to take care of my tenants.  You wouldn't believe how many people get sick just for being a second, third or fourth and it keeps on going. 

Hi Michael!

I am so happy that you are asking a great question to us, your BP family. We have many investors and others that have experience and we are more than happy to share it with you and everyone who wants to learn about us. I invested first where I live and I decided to buy long distance. And yes, it is about asking questions, learning on where and why you want to invest in that area. Of course, we want that income coming in so we can grow in other areas in our lives. Best to you!

Hi Ramiro, 

Want to share my story with you.  I have a 4 unit property and I happen to live in one of the units.  When I started to fix each unit,  I started to do all the screening process and I have to tell you that one of them started out with a credit score of 530. But because of the previous landlords, both of them said that she always paid the rent on time.  It has been over a year and now the tenant credit score is over 700. Not only that, she also told me that she has saved over $10, 000 to buy her home someday.  So you see, sometimes you can give a chance that the tenant can change something negative into something positive.  After that, she recommended her mother and she lives upstairs. All of my tenants pay their rent on time. I accept no smoking, no party, no loud music.  But you are the one that makes the call. I'm signing off, best to you. 

 Thanks Brian for the info! Have a great and safe day  

@Chris Arce, good question! Because both homes are out of state. But in the meantime, we are working in our unit where we house hack. My husband started to work on one already. He will go back as soon as this virus lets us have our normal lives. We have kids and we don't want to risk their lives.

Hi Peter, can I ask you  how much is the rent around the area? Is it a little high? How many bedrooms? 

@Chris Arce

Congratulations! Get ready to work your mind!

I love buying homes that need some tlc. I have 2 SFH but haven't been able to work on them because of the virus and both homes are out of state. Best to you and your buddy. Stay safe!

Hi Kervin, nice to meet you.  I'm like 25 minutes away from where you are and so far all my tenants paid their rent. Nice texting you. Stay safe!