All Forum Posts by: Zac P.
Zac P. has started 31 posts and replied 113 times.
Post: Home Inspector Liscnese?

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
Does anyone have any experience here? I'll refresh this one last time.
Post: Home Inspector Liscnese?

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
I really enjoy inspecting homes in and out. I actually enjoy climbing into an attic and crawling through a crawlspace to inspect a property. I thought about making a side business of doing this by getting my home inspector license. Does anyone have their license and care to comment on whether it has been a good thing or not? What are some of the challenges? Would you recommend this? This would not be a full time job or anything, just something to make a little extra cash and maybe make some more contacts in the real estate world.
Post: Prospective Tenant has a Miniature Pig

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
I have had some tenant's units look like pig pens, but a legit pig?? You gotta be kidding! Haha. :)
Post: New Guy from Lexington, Kentucky

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
Originally posted by Jeb Jarrell:
Zac P., it's good to hear that it's a good market. I need to learn more about the different neighborhoods within the city, as it is I'm mostly familiar with State Street and that little area. I need to expand a bit.
Jeb,
I invest in more lower income areas for the buy and hold. I stay away from student housing, but there is good money to be made there! I have seen what college kids do and I'll pass thanks. Haha. I manage those 8-plexes around the corner from State on Royalty Court off of Waller. Hit me up on here if you need any info.
Post: Threatening text

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
I manage a lot of lower income housing. Every once in awhile I will get a threat. Sometimes I call it in to the police department. Usually it's a tenant just blowing smoke and I brush it off. Keep your guard up. You never know what someone is capable of.
Post: New Guy from Lexington, Kentucky

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
Welcome! Lexington is not a bad market to get started in! Lot's of deals here. Actually just closing here soon on a duplex here in Lex. Go Cats!
Post: Would you share home inspector's report with the seller?

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
I have used it as a bargaining tool in the past. Found lots of issues with a property, documented it (home inspector report) and submitted it to seller with my new offer. Not sure of cons, I am fairly new to the real estate game.
Post: Alternate Income for Buy/Hold Properties

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
Ryan,
I know you are not necessarily talking about doing hardcore billboards, but you can't put those things up anywhere these days. I know you have to have permits as well. Also, I know a lot of cities/towns have regulations on size of signage. At the complex I manage, we could not have it larger than a certain size and it had to be a certain amount of feet away from the street. I have not looked into this much, but that's what I know for what's it's worth. Let us know if you come up with anything. Great creative thinking.
Post: Alternate Income for Buy/Hold Properties

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
Advertisements are no joke. People in the billboard business are making bank. Great ideas!
Post: Raising Rent On Long TIme, Trouble Free Tenant

- Rental Property Investor
- Lexington, KY
- Posts 114
- Votes 64
If you are moving it up to fair market value, I don't see what's wrong with it. The tenant shouldn't either. If they do, they will soon find out that it's fair market and would hopefully stay. Now if it were me, I would keep it at what it is at. $40 to me is worth it to get a great long term tenant. That in itself is worth $$$ to me.