All Forum Posts by: Colt Clark

thats some great advice kevin!! i like your strategy.

so, this evening as i spoke to my wife about a property i have found that i am interested in. We got into a deeper discussion about managing rental properties/goals/etc. I think she actually had a really good idea.

she believes that providing gift baskets for first time tenants that include general house warming gifts, cleaning supplies,maybe a recipe book  and even a small book or brochure of how to care of  a house would be a great start to a relationship/good tenant.

the goal of this would be to obviously motivate your tenant to take care of your property, keep it clean, and to create a level of respect between both parties right off the bat. that means (rent on time, communication, a good experience from beginning to end.)

im interested in hearing your thoughts about this and if any of you are or have already tried it?

comment and vote!

thanks!

I have a question that came to mind while reading that has not yet been answered in any books i have been through.

while renting a property is it common or should you have extra insurance? 

Zach,  most likely somewhere in or around  the Oklahoma City area 

thanks edward! i appreciate your time in reading and commenting on my post! ill shoot you an email with my name in the subject. thanks man!

pre licensing*

hey everyone! I'm colt clark 24 years old. fairly new to bigger pockets and on my continued path to purchase!

i would consider myself pretty creative, i have a great eye and vision for projects so here are a couple different interests i have for real estate.

-flipping

-renting

-single family

-multifamily

i would like to focus on finding a good deal on a duplex for my first deal! 

as for strategies i would like to use that would just depend on the deal. i am getting pretty familiar with most. if anyone would like to reach out please feel free and we can get connected!  things that are holding me back as of right now are credit and a down payment. i do have a goal to purchase within a year from today. so, i may have to get creative.  

i am from oklahoma and I'm also actually doing my relicensing  for my realestate license. id like to take advantage of the mls and not have to depend on anyone else when it comes to looking at homes etc. i have enjoyed the books i have purchased from bigger pockets they make me feel very confident being so new to this world!

thanks Scott! I'll do that

I would recommend downloading a free spreadsheet depending on whether your wanting to rent, flip etc. start searching zillow and other places where you can find what you might be looking for and start plugging in numbers. This has helped me learn how to analyze deals and has given me a realistic example of what I should be doing to achieve the property and cash flow or profit I'd be looking for. Bp has mortgage calculators and a bunch of other helpful info as well

Analyzing what I think is a fair deal without actually visiting the place Duplex 10723 N Macarthur Blvd, Oklahoma City, OK 73162 Please let me know your thoughts, I found this on Zillow. Comments and advice appreciated!!