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Updated almost 8 years ago on . Most recent reply

User Stats

10
Posts
8
Votes
Lance Balkus
  • Lincoln, NE
8
Votes |
10
Posts

New Member from Lincoln, NE

Lance Balkus
  • Lincoln, NE
Posted

Hello!  I'm starting my rental business.  My main goal is buy and hold.  I'm starting with roughly 280k cash. I signed a purchased contract on my first home in a B market. No basement, 3 bedroom 1 bath with an attached garage for 55k.  It is in south Lincoln and needs to be remodeled. 

I'm planning on buying 1-2 more this year and the. Purchasing 1-3 more per year.  At 10 rentals my plan is to upgrade to a single apartment building.   A bit nervous with managing the properties, I have looked at Using Tenant Cloud or Buildium. Using Buildium isn't much cheaper than hiring an actual manager. 

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