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All Forum Posts by: Brandon Barnic

Brandon Barnic has started 19 posts and replied 62 times.

Post: Ever keep a negative cashflow property?

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10
Originally posted by @Account Closed:

@Brandon Barnic

I have been thinking through the possibility of a refinance. I am at less than 20% of home value, so I don't know how to do that. I'm probably at about 5-10% LTV.

 Force appreciation with a kitchen /bath remodel. 

Post: Ever keep a negative cashflow property?

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10

What about refinancing? You already know the history of the property. No need to run away. Just need to make it work!

Post: Cash Flow or Pay off?

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10

That is something that depends on the person. You need to figure out what you want as an end goal. 

1)no cashflow now - retirement?

2)cashflow now- to pay bills, reinvest, quit your day job, grow your portfolio, Ect.

I'd rather have option two personally.

Post: 23 Years Old - Want To Start REI

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10

yes. Owner occupy a 3 or 4 unit property for your first home/ investment.

Post: daily life of a mobile home investor?

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10

Any mobile home park owners out there that can answer this?

Post: owner finance and manage?

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10

How many places do they own?

How many do you own?

Do they own a property managementcompany?

Post: Find Your Rental's Compartments of Additional Income

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10

Looks like a great read.

Post: How to get into the Webinar?

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10

lol thanks nick.

I wish I was there tonight.  But no luck for me

Post: daily life of a mobile home investor?

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10

Hello everyone!

I'm really intrested In buying a mobile home park. I like the idea of collecting rent every month and not owning the units where tennants live.

I was hoping a mobile home park owner could give me some insight in how their day usually goes? What can go wrong?  What type of calls do you receive? How many hours a week do you devote to maitaining the park?

Post: How to get into the Webinar?

Brandon BarnicPosted
  • Flipper/Rehabber
  • Horseheads, NY
  • Posts 64
  • Votes 10

was there one tonight? I couldn't find it. 

We need a go to spot for links to the webinar @brandon turner