All Forum Posts by: Kasi V.
Kasi V. has started 2 posts and replied 49 times.
Post: Jumping back in to Real Estate, wow how the world has changed!
- Investor
- Texas City, TX
- Posts 54
- Votes 22
Welcome back, Tammy! Be sure to review all offers from various turnkey providers and realtors, but always run your own numbers. Don’t depend solely on their proforma.
There are plenty of online calculators you can use, like those on BP, Baselane, rollytally.com, and Calculator.net.
Post: First Investment Property
- Investor
- Texas City, TX
- Posts 54
- Votes 22
@Zachary Hayes - Great that you are starting out so early!
BP is the right place to learn, network and grow. Keep learning, stay curious, and take time to explore and analyze different properties. You might also find this blog helpful which has many tips and online tools for the newbies : https://rollytally.com/blog/starting-your-real-estate-invest...
Post: I'm losing motivation, can't find anything that works.
- Investor
- Texas City, TX
- Posts 54
- Votes 22
What about vacancy rates and leasing fees ? ...they can significantly impact your numbers. It's a good idea to use a standard spreadsheet or one of the online calculators. You can find one on BiggerPockets, calculator.net, rollytally.com or baselane ROI calculator.
Post: Clarksville, TN rental comps/ multifamly homes
- Investor
- Texas City, TX
- Posts 54
- Votes 22
There are several free and paid online resources for ascertaining the market rent. This blog lists many such online tools: Starting Your Real Estate Investing Journey.
Post: Exploring Out-of-State REI: DFW, Huntsville/Birmingham, Ocala-Looking for Hybrid Mrkt
- Investor
- Texas City, TX
- Posts 54
- Votes 22
Quote from @Ven Perla:
Quote from @Kasi V.:
Quote from @Ven Perla:
Thank you Kasi. Appreciate the note and the link. Will read through that.
How did you go about investing in OOS? Self-manage or PM or TK? Mind sharing which markets?
Reading Rich Dad Poor Dad was the spark that lit my interest in real estate investing—but honestly, I had no idea where to begin. That’s when I stumbled upon Roofstock. The idea of remote investing caught my attention, and after analyzing several properties, I zeroed in on a $53K single-family home (1950 built) in Jacksonville, FL. The numbers looked manageable, so I took the leap.
The property came with a Section 8 tenant, which brought its own set of challenges. Ongoing repairs and maintenance ate into my cash flow, and it felt like a tough slog for several years. But then—surprise! After 6 years, the local housing market appreciated significantly, and new homes were going up right behind my property. I teamed up with a great realtor, made a few strategic upgrades based on his advice, and boom—sold it for $180K. I genuinely didn’t expect such a win!
Since then, I’ve added 6 more properties in NC, TN & TX. I eventually exited the Memphis property due to non-stop repairs and maintenance headaches.
Property Management Lessons:
My first experience was with a well-known national PM company—but it didn’t go well. One thing I never understood: why do PMs keep the late fees when it’s the investor who bears the loss? That really kills the incentive to collect rent on time. Plus, I had no transparency into vendor costs or service quality—it all depended on the PM’s discretion.
I switched to Hemlane next and liked the control it offered. But I noticed some vendor quotes were inflated compared to what I could find myself. That made me think: If they can get it done remotely, why not me?
So I started self-managing remotely using online tools. It's been working well so far—and it gives me better visibility and control over my properties and expenses.
@Kasi V. great insights and thanks for sharing. Have couple of questions and I hope you don't mind my DMs.
Post: Exploring Out-of-State REI: DFW, Huntsville/Birmingham, Ocala-Looking for Hybrid Mrkt
- Investor
- Texas City, TX
- Posts 54
- Votes 22
Quote from @Ven Perla:
Thank you Kasi. Appreciate the note and the link. Will read through that.
How did you go about investing in OOS? Self-manage or PM or TK? Mind sharing which markets?
Reading Rich Dad Poor Dad was the spark that lit my interest in real estate investing—but honestly, I had no idea where to begin. That’s when I stumbled upon Roofstock. The idea of remote investing caught my attention, and after analyzing several properties, I zeroed in on a $53K single-family home (1950 built) in Jacksonville, FL. The numbers looked manageable, so I took the leap.
The property came with a Section 8 tenant, which brought its own set of challenges. Ongoing repairs and maintenance ate into my cash flow, and it felt like a tough slog for several years. But then—surprise! After 6 years, the local housing market appreciated significantly, and new homes were going up right behind my property. I teamed up with a great realtor, made a few strategic upgrades based on his advice, and boom—sold it for $180K. I genuinely didn’t expect such a win!
Since then, I’ve added 6 more properties in NC, TN & TX. I eventually exited the Memphis property due to non-stop repairs and maintenance headaches.
Property Management Lessons:
My first experience was with a well-known national PM company—but it didn’t go well. One thing I never understood: why do PMs keep the late fees when it’s the investor who bears the loss? That really kills the incentive to collect rent on time. Plus, I had no transparency into vendor costs or service quality—it all depended on the PM’s discretion.
I switched to Hemlane next and liked the control it offered. But I noticed some vendor quotes were inflated compared to what I could find myself. That made me think: If they can get it done remotely, why not me?
So I started self-managing remotely using online tools. It's been working well so far—and it gives me better visibility and control over my properties and expenses.
Post: Best place in Texas for rental cash flow
- Investor
- Texas City, TX
- Posts 54
- Votes 22
Quote from @Larry Davis:
Quote from @Kasi V.:
Hi @Larry Davis
I was looking into investing in New Braunfels, TX — the second-fastest growing suburb in the country. But my partner was a bit hesitant because of declilning home prices, but within months, prices are increasing.
Personally, my main criteria are positive cash flow and a strong CoC return. I use a simple online calculator that pulls all the essential metrics together in just 2–3 minutes. If the numbers look good, then I dig deeper.
Post: Best place in Texas for rental cash flow
- Investor
- Texas City, TX
- Posts 54
- Votes 22
Quote from @Larry Davis:
Quote from @Kasi V.:
Hi @Larry Davis
I was looking into investing in New Braunfels, TX — the second-fastest growing suburb in the country. But my partner was a bit hesitant because of declilning home prices, but within months, prices are increasing.
Personally, my main criteria are positive cash flow and a strong CoC return. I use a simple online calculator that pulls all the essential metrics together in just 2–3 minutes. If the numbers look good, then I dig deeper.
Post: Hello, First Time Reader
- Investor
- Texas City, TX
- Posts 54
- Votes 22
Hi @Matt Kiefer
Welcome to BP community.....the right place to learn, network and grow.
Keep learning, stay curious, and take time to explore and analyze different properties.
You might find this blog helpful which has many tips and online tools for the newbies: Starting Your Real Estate Investing Journey.
Wishing you all the best as you dive into real estate!
Post: Newbie Rentals Investor
- Investor
- Texas City, TX
- Posts 54
- Votes 22
Welcome to BP community. BP is the right place to learn, network and grow.
Keep learning, stay curious, and take time to explore and analyze different properties.
You might find this blog helpful which has many tips and online tools for the newbies: Starting Your Real Estate Investing Journey.
Wishing you all the best as you dive into real estate!