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All Forum Posts by: Jeremy Shepherd

Jeremy Shepherd has started 9 posts and replied 99 times.

Post: Tenant wants to pay for year up front

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44
I get this normally when the tenant has poor credit or bad past references.

Post: Do you want to help BiggerPockets become even better?

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44
I bought a book online. The link expired to download. Tried to resend link but it never showed up...even in junk mail.

Post: HELOC on paid off rental property?

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44
I would try smaller banks and credit unions.

Post: Residential Assisted Living Academy--Anyone have experiences?

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44

@Andres Verney will you share the cost for the live classes, online classes, and coaching?

Sorry @Anthony Corrado. Used wrong name in above tag.

Post: Residential Assisted Living Academy--Anyone have experiences?

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44

@Anthony Corrado will you share the cost for the live classes, online classes, and coaching? 

Post: Tenant hasnt even moved in and wants to back out of lease

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44
Not worth your time or money. Advertise and get another tenant.

Post: Should I accept this tenant?

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44
Ryan Cheung I learned the hard way to choose tenants based on business decisions not emotional decisions.

Post: Median homes prices for all 50 states here:

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44
There is no economic growth in most of the state with the exception of Morgantown (WVU) and the Martinsburg area. WV is not a very business friendly state. Very high insurance premiums both in business and personally. There is drilling for Marcellus gas where I live but that has stalled due to low gas prices. Also these workers don't relocate here. The state couldn't balance the budget so it raised the tax on a pack of cigarettes $0.65. It is very different than the state I grew up in as a child. That being said, the most I've ever paid for a sf investment home is $35k. A few cosmetic updates and rents are between $450 - $800 depending on the town (my personal properties). Most renters here have poor credit and with sfh prices so low anyone with good credit purchases a home. Don't mean to be negative about WV but this is reality currently.

Post: Who here invests in West Virginia?

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44

@Josh Caldwell here is a meetup group in the Parkersburg area with about 12 members. This is a new group and I have not been able to make it to any of their meetups yet.

http://www.meetup.com/Parkersburg-Area-Real-Estate...

Post: Who here invests in West Virginia?

Jeremy ShepherdPosted
  • Rental Property Investor
  • New Martinsville, WV
  • Posts 105
  • Votes 44

@Josh Caldwell I'm near Wheeling, WV. I know the market well and am interested. Please message me with info and what you have in mind.