All Forum Posts by: Tim Jensen
Tim Jensen has started 10 posts and replied 60 times.
Post: When do Rental Prices fall
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
I have been investing for over 30 years. Yes, rents can decrease and they have. However, it isn't usually as dramatic as home prices. In the 08 crisis. My rents dropped by 5-10% while prices dropped 25-30% in my area.
Post: Fun generating legal contracts with ChatGPT
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
I use it to write articles for my Facebook Group. It is crazy.
Post: Getting Started into real estate
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
I would do a Google search for a local club and attend the meetings.
Post: Need advise to resolve Property Manager issues
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
Quote from @Prabesh Vijaya:
We have a rental home managed by a local management company in Houston. We just found out that current tenant is not someone that they had sent me for approval and they have not deposited rents that they are collecting.
Currently, we are in the process of changing to new management company but need some advice.
1. What to do if they don’t cooperate to transfer and provide tenant info, contact, deposit to new management company?
2. What are my options to collect rents that they have collected but failed to deposit to my account.
Thanks for your support!
Prabesh
If they property manager does not give you your leases, rents etc. You should be able file a complaint with the local Realtors board.
Post: Anyone done a 1031 into an Opportunity Zone?
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
Hello,
I am curious if anyone has done a 1031 into an opportunity zone? I am getting ready to start my 1031 and want to see how it went for others and if they have any recommendations.
Post: Sold a property using 1031 Exchange
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
I think Cole is on the right track. I am getting ready to do a 1031 into a DST and will only do it if the deal is right.
Post: Newbie from NW Suburbs looking to Network
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
You should check out Rockford. It is a great cashflow town.
Post: I am seeking advice as a beginner as to where to start
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
@Randy Ray
Just message me.
Post: I am seeking advice as a beginner as to where to start
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
@Randy Ray
I have been investing in Rockford for 30 years and I run the local real estate club. It's called The Rockford real estate investors association.
Post: Looking for an introduction
- Rental Property Investor
- Rockford, IL
- Posts 65
- Votes 45
@Jake Findi
Message me