All Forum Posts by: Timothy Winfield
Timothy Winfield has started 6 posts and replied 76 times.
Post: Dreaded LLC v. Personal Property Conundrum
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
Keep us posted on what ever you decide to do.
Post: How much can I raise the rent on a 10 year+ renter at just $600.?
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
You have to remember it's never personal it's only business. I would raise the rents $100 personally. You are still below market value and should bring him the comps to prove so. Are you interested in selling the unit?
Post: Trials & tribulations of buying my first rental with no money $
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
Congratulations Trey Williams
Post: Is a home inspection worth it
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
I'd recommend that you just get it done. You don't want something to come back and bite you in the but that could have been prevented only if you had known.
Post: How can I avoid the mistakes that YOU made??
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
Great thread I'm learning and retaining all of everyone's mistakes!! This a great thread!
Post: Closed on #27 buy & hold
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
Congrats Ken P.
Post: Too much debt to be approved - always a renter?
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
I second Chris Mason theory like he said it will take a lot of hustle and bustle on your end but hey it's worth it you will have your own home!
Post: Contracts needed to co-wholesale a deal in NC?
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
@Teddy Patrick jr just to update you the contract needed is called a joint venture contract.
Post: Stay away from property that's been in the market for too long?
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
I'm sort of in the same situation although my days on market are a lot longer! They are asking 135k for the duplex I submitted an offer for 75k. Hope I get it! Please keep us updated on your decision making process
Post: Tenant Passing Away w/ 13 months left in a 2 year lease
Timothy WinfieldPosted
- Rental Property Investor
- Baton Rouge, LA
- Posts 78
- Votes 26
I second Kysha McNeal Therom