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All Forum Posts by: Twannisha Jackson

Twannisha Jackson has started 10 posts and replied 92 times.

Post: keeping a positive mindset

Twannisha JacksonPosted
  • Posts 92
  • Votes 52
Quote from @Stephen DeThample:

Hi, 

Couple of questions:

1) Do you plan to refinance in the future?

2) Could your money make more than the interest rate for the home somewhere else?

Paying extra on the mortgage will not lower your payment.  It would if you refinanced a smaller loan later though.  Everyone has different comfort levels with their money, you should do what makes you comfortable.  

yes. probably, but I rather have my own place than pay rent. i got it for my budget, $150k. had two tenants in it already. i live on the other side. 

I would listen to some bigger pockets podcast, they’re some more experienced investors who buy & manage properties for others if profit is what you’re looking for. If you want to experience landlord issues, you can fha a duplex or buy an sfh as an investment property & that $250k will easily be spent. 

i would charge pet rent $150-250 on top of the regular rent or put it in writings that the tenant will be financially responsible for the pet liabilities. 

Post: keeping a positive mindset

Twannisha JacksonPosted
  • Posts 92
  • Votes 52

hi, how are you? i’m Twannisha Jackson. i’m house hacking in cleves, ohio. i have a question about paying the mortgage down & what’s the best option? should i start adding extra to the principal immediately or keep paying the usual? bought a house for $140k, i have inherited a client, rents was $475, now it’s $875 but i would like to go up $25 next year. is that a good move? should i wait? i’m buying & holding, long term. cash flow is my priority. let’s connect! good day!

ask what’s wrong with the house, why it’s not sold yet. can also get an inspection. 

it’s just weed, long as they paying the rent on time. blaze up. it’s a part of business, i don’t mind it. if it was something else, i would be highly concerned. like you have to vacate concerns. 

I would explain to the client the work that’s being done & ask them how they would like to operate because you have to do the upgrade. let them decide how they’ll move. 

Post: A bit about me

Twannisha JacksonPosted
  • Posts 92
  • Votes 52

welcome, good luck on ur journey. keep on reading/listening- it so much information & ways to get ahead & stay ahead. more importantly, keep hustling. you’re gonna need all the money you can get, the more the better. add value to whatever you do. 

I like "real estate investing for beginners" from biggerpockets.