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All Forum Posts by: Clifford Paul

Clifford Paul has started 5 posts and replied 464 times.

Post: What typically happens to rents during a "recession"?

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

What Russell and Brent said! We actually raised rents and had zero vacancies. 

Post: How do you finance a $22,000 rental in Memphis?

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

0% percent credit card for 18 months.  That's how I built my first portfolio until my small bank started giving me a line of credit. 

Post: $35K, 0% Interest Personal Loan

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

Are you asking should you take free money? 

Post: What inspections do investor purchasers typically order?

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

I'm a big fan of adding a sewer inspection for any property built before 1980. However a sewer inspection should only be an additional $200 but I can only speak for my area. 

Post: "Millennials Should Be Happy They Are Stuck Renting"

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

I don't know if they are happy but I sure am! 

"Posted while smoking a nice cigar, paid for by millennial tenants " 

Post: First Renovation - Anyone ever save big on Black Friday?

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

As stated  above Home Depot and Lowe's both run specials on appliances in November every year. 

Post: Window replacement, what do you do?

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

The only time I replace old windows is if I'm doing new siding.  I love old windows and have become really good at rebuilding them.  I got my cost down to about $15 a window. YouTube has some great videos on how to rebuild them and all the parts are still available. 

Post: No money down Properties

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

He probably got a USDA loan with zero down.  Typically with USDA property must be in a rural location and you can get zero to 5% down loans. 

Post: Clayton Morris / Morris Invest House of Cards starting to fall.

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

I'm shocked he is going to come back to the United States or is he doing a live broadcast. Maybe the FBI will be attending the event.  LOL 

Post: Forget the Star Wars trailer. This one is way better

Clifford PaulPosted
  • Rental Property Investor
  • Posts 483
  • Votes 956

Can't wait to see the whole thing and the upcoming American greed episode.