All Forum Posts by: Sean T.
Sean T. has started 14 posts and replied 403 times.
Post: Hi, I’m new here, let’s do this!!
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
Let's go, you got this!
Post: Looking to Connect In Northwest Arkansas Market
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
Welcome and good luck!
Post: Intro and group search
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
Hey welcome and good luck!
Post: New member from Provo, Utah!
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
Hey Welcome and Good Luck!
Post: Hello, I'm new to bigger pockets
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
Welcome and good luck!
Post: Lowell Simplified Real Estate Investment Meetup
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
@Jonathan Bombaci missed the date but glad to see someone doing this in MA/NH!
Would love to join a future get together.
Post: New Real Estate Agent looking to connect.
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
Hey Welcome and Good Luck! Great place to learn!
Post: Nervous First Rental
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
Many have already shared great thoughts above. When I made the jump many years back I did a "worst case" scenario.
What if I can't rent the unit? What if I made a mistake? What if the roof falls in? What if the basement crumbles? What if what if what if.
The answer was that you can always rent it. You have insurance. You have folks local who can help.
You have already far surpassed the millions who want to do it but never will. Fear is the realization of action and that is a great thing. On my first buy I upped all my "holding" items such as vacancy, maintenance, and capex at 5-7% each. This was a nice buffer to where almost anything would be covered or close from an emergency perspective.
You got this!
What if I can't rent the unit? What if I made a mistake? What if the roof falls in? What if the basement crumbles? What if what if what if.
The answer was that you can always rent it. You have insurance. You have folks local who can help.
You have already far surpassed the millions who want to do it but never will. Fear is the realization of action and that is a great thing. On my first buy I upped all my "holding" items such as vacancy, maintenance, and capex at 5-7% each. This was a nice buffer to where almost anything would be covered or close from an emergency perspective.
You got this!
Post: New investor/realtor in the Atlanta area
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
Hey welcome and good luck!
Post: Do tenants really get their own appliances?
Sean T.Posted
- Rental Property Investor
- MA
- Posts 420
- Votes 213
Same with my Memphis holdings, we provide walls and a roof. No appliances.