All Forum Posts by: Wes Eaves

@Andy Konitzer I've had mixed experiences when asking referrals for a contractor. Sometimes the problem with getting a referral is that you don't continue to get multiple bids for each project and get complacent.

I read somewhere, and will be utilizing the strategy, of scheduling multiple contractors (roofers in your case) to come out to the property at the same time and provide you with a bid for the job. This is a similar strategy that some use for scheduling potential tenants or RE agents having an open house, to show that others are interested and to provide them with a sense of urgency and to give you their best price.

Good luck and congrats on the new duplex deal!

@Account Closed as @Bill Gulley mentioned, there are a lot of great resources and a lot to learn. My advice would be learn as much as you can and then take some action, you'll inevitably learn more as you go. I think most new investors feel they need to learn everything and then they'll go out and never make a mistake. I think a lot of the seasoned investors here on BP would tell you that they've made some mistakes along the way, but they learn from them and keep going.

Ask lots of questions and don't be deterred! Good luck with your investing!

Good advice…the important thing is to take action and find out what works best for you and your market! Best of luck!

I agree. I can't think of a reason that you would need an entity to do what you're trying to do.

I've had a similar issue…money order suggestion is the worst idea to drop in the mail. I try to work with the tenants to find a solution we can both live with and makes it easy for both of us. No issues with tenants going to bank and making a deposit with deposit only debit card. Btw, I use Wells Fargo business checking.

@Joe Santiago What about getting his properties under a contract that is assignable and then assign them to a buyer. You could charge the buyer a fee to assign the contract to them.

I would share the same concern as @Brian L. regarding the market for resale.

@Mike D'Arrigo Would you mind sending these reports to me? I'd be interested in reading them. Thanks.

Try using handwriting fonts if you prefer to print address on the envelope, but I agree with @Jim Ludes , it will reduce your open/response rate not being handwritten.

@Richard Decoste See if seller is willing to seller finance and then negotiate the monthly payment that makes sense.