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All Forum Posts by: Bryant Bagley

Bryant Bagley has started 1 posts and replied 20 times.

Post: Should I purchase a mobile home and live rent free?

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
Mobile homes are a no-go for me. Rent a room for $250, drive a crappy car, live reasonably, and save every penny until you can buy some property. Learn how to wholesale.

Post: Renting to someone with Chapter 13 BK

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
I wouldn't assume anything. I would politely say NO and then find someone else with a good financial position ASAP. If you're in the market price wise you should be fine. Good luck

Post: Do I ask for rental histories?

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
Ask for Schedule E if he reports on personal taxes. That's the real numbers. Have the seller put everything in writing and ask for references. People BS all the time in this business. And prices are way too high right now. Tread carefully.

Post: Using the 2% Rule in Omaha, Nebraska

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
2% won't be found in a move-in-ready investment in a good school neighborhood here. All I give a damn about is Cash Flow and ROI.

Post: Dumpster Rental Cost?

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
Call a dumpster company and get a quote! I'm amazed by the things people post on here. SMH. Bryant

Post: Refinance / Home Equity options in Jacksonville

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
Depends on your cash position. What I mean is I wouldn't take the money out if I was in a strong cash position. I would buy the next property because cash flow is what I want. I don't like high leverage. Good luck.

Post: Wholesaler or Realtor

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
Owners, Banks, then Realtors. Everyone I know hates wholesalers. B

Post: What to do with run down mobile homes?

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
Good luck let us know what you decide. I would burn them then bury them LOL. B

Post: Newbie from Jacksonville, FL

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
Go Jags! Good luck with real estate. Passive cash flow is where it's at! Bryant

Post: Am I the mean landlord?

Bryant BagleyPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 20
  • Votes 9
In my commercial lease I am no locksmith - they are on their own. Good luck you're a grown *** man. In residential leases I give the first lockout free, then $25-$40 depending on property/location. I also give the first main line plumbing stop-up free and $150 after that. Don't want to pay? Coming out of your deposit pal! The lease is everything. Bryant