All Forum Posts by: AJ S.

It must be that Kentucky whisky :) You should give story to journalist, embarrassing.  In this business you have be to pit-bull for these handyman to do anything right!

That's great story in the lone star state :), you could never do flip like that in west coast states, great work!

Ron,

  Most lenders will require at least 2 years of work history for underwriting. You may want to check with broker or start out with simple duplex setup (live in 1, rent the other).

AJ

Congrats Brie!  your story is inspiring, it helps to be a successful broker/experienced agent like yourself. Maybe you should do into training area and help other investors :)

As others suggested I would also avoid craiglist, it's often trial error, for bigger jobs I request for licenses, picture ID,  look up contractors infor. your state licensing website, check references, ask questions, visit past job, for example a rehab, roofing job etc..

Welcome to BP, I would invest near U.C. (Cincinnati), and cincinnati state, campus housing is always issue, especially near clifton, I went to U.C.

raise rents

value ad like put in washer/dryer and charge extra

rent each room

re-finance the property if possible

see tax advisor about depreciating the asset 

You should add .com or URL on t-shirt, it should be free for plus or PRO members, great marketing tool and more advertisement revenues for the site.

Add to to list for meetup.

You would need appraisal and/or inspection to make educated offer, 15K sounds too high with tax lien, the next thing you know there is 1K water bill, or some other problem :), these type of houses I would make low-ball offers.