All Forum Posts by: Courtney Jones

@Greg Scott very interesting. How does one go about finding a public adjuster?

Thanks

I would look for that cities real estate investment group on facebook. They will at least be able to tell you who NOT to use for your management.  Be well.

C.

The beauty is you have options. I would find a lender that lends in that space. Not all lenders are licensed in every state. Run the questions by them.  You can purchase as a first time buyer  with the minimum down.  Yes, I would do it while she still has her job. They will not know if she is going to school or if she is still working- just remotely.  They will ask you.   Another option is to say its an investment and pay the 20% down . If the housing is priced right , determine if you can handle the 20 % down, closing costs and a little aside for what ever comes up.  You can still rent out the rooms leaving one for her.

I am in agreement. 100%

life is but a Dream.

Hello,  Do you have any experience or expertise with the reasonableness or efficacy of condo/ hotels?  (owning a unit in a hotel where  as the owner  you could use it as you needed) but rent it out when not in use?  Thank you for any insight- good or bad.  

I lived in Oregon and Invested in Ohio. I registered my entity in Ohio and I paid property tax associated with the property. When I filed my own personal income tax my accountant did the additional forms for the state I was investing in and appropriate taxes were paid. 

Please elaborate on what you mean by handle....property tax.  Are you disputing the amount you were billed?

Narrow it down to which city or cities interest you. Start looking at housing in those cities (i used zillow) look at best and worst areas (google) Look at population of renters (google) Look what jobs, companies  are in the area. Look at what the house are costing. Create searches that you can review everyday. Look for real estate agents in that area. Google them first and make sure they are full time and not just a weekend realtor. How are they rated in their field? How long have they been at it? You want someone who knows the city well. Call the realtors. Are they responsive?  Have they worked with out of state investors before? If not, call another. Hopefully you will have a lasting relationship with who you pick so if it isnt a good fit, keep looking.  After you narrow down the cities, talk to other people who invest there. Use Facebook. Alot of cities have  real estate investor pages -Example :Dayton Real estate investors. Join up with the pages (free) that interest you. Go there, ask questions. (whats the class be areas? etc.  Best of luck. Life is but a dream.

I agree with @Caleb Brown. Putting 20% down on say a 60.000.00 property would get you a decent house with plenty of money in reserves. With the price of wood and other supplies being what they are right now, I would steer clear of anything needed exstensive repairs.  There are plenty of areas where you could find homes  that would fit this criteria.  Ohio, Alabama, Mississippi. I am sure there are plenty more to add to this list. Life is but a dream! 

It is sent to you as the applicant. It is your job to distribute it to your realtor.