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All Forum Posts by: Zachary Ware

Zachary Ware has started 6 posts and replied 399 times.

Post: New guy here

Zachary Ware
Posted
  • Posts 405
  • Votes 455

Hi David,

Welcome to BP! You have come to the right place for advice and education on RE investing. I don't have any experience in the Ohio market but have seen many hear who do! Goodluck! 

Post: When does an improvement become part of the property?Tenants want to install disposal

Zachary Ware
Posted
  • Posts 405
  • Votes 455

Whichever way you go, I agree with Greg that you and the tenant should put it in writing and sign! 

Post: I'm Planning To Buy A House Out Of State early 2024 (any suggested states to invest?)

Zachary Ware
Posted
  • Posts 405
  • Votes 455

I would look for states that are landlord-friendly and cities with a wide variety of employment sectors, growing cities/states as well. Many seem to find good cashflow in Ohio which is what I would be looking for as a newer investor. Cash flow is important to have at the base of your portfolio.

Post: After 3 years of failure...I'm finally a GP on 342 doors

Zachary Ware
Posted
  • Posts 405
  • Votes 455

Congratulations Jason! Sounds like perseverance and learning from your mistakes were real game-changers for you. and the mentorship group

Post: I'm interested in building a duplex home in Houston, any advice?

Zachary Ware
Posted
  • Posts 405
  • Votes 455

Hi Shadana, 

Are you looking to househack the property or rent out both units? If you want to purchase a househack, there are many different paths you can take outside just a duplex. I find that there are more duplexes in Houston than a lot of cities. I recommend talking with an investor-friendly real estate agent to help you find properties. 

Post: 1yr of renting vs becoming a multifamily unit investor

Zachary Ware
Posted
  • Posts 405
  • Votes 455

Hey Terence, 

I would recommend speaking with a lender to find out what you can qualify for. You will be looking primarily at FHA and Conventional loans for househacking. Once you find out what you qualify for, look in the area you will be moving to see if any of the properties in your buy box are investment-worthy.

Post: Would you rent to a bank robber?

Zachary Ware
Posted
  • Posts 405
  • Votes 455

Given the information you provided it would be a no from me. Violent crime, short duration since release are big factors here. 

Post: Zestimate dropped dramatically after rental purchase

Zachary Ware
Posted
  • Posts 405
  • Votes 455

I would place more wait in a license appraisal, assuming you got one during the purchase and pulling at your own comps. As others have said, Zestimate can vary greatly and is not always accurate. 

Post: Can tenants demand only licensed and bonded contractors? - WA

Zachary Ware
Posted
  • Posts 405
  • Votes 455

This work does not sound like it requires a licensed profession but as others have said, check your state/local laws and lease. If not required, I would go with the handyman you trust.

Post: First post on Bigger Pockets!

Zachary Ware
Posted
  • Posts 405
  • Votes 455

Hey Angelo,

Welcome to BP! This is the place to be to look for connections and advice. You can try "Build Your Team" if you're looking for lenders, contractors, and other vendors.