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All Forum Posts by: David Hines

David Hines has started 7 posts and replied 181 times.

Post: Real Estate Agent Books

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160

@Michael Ireland-Castanon The best advice I can give about real estate books is to check the copyright date in the front of the book before purchase. You'll want to find the most up to date information possible. I'm sure there are a ton of books that you'll find about no money down properties, etc that were written in the early 2000's before the crash. Just be wary of how much books like that contributed to the crash.

Post: Prepaid Rent Pros and Cons (Texas)

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160
Just be careful making exceptions to your stated standard. If you make the exception for one you should make it for all or open yourself up to accusations of discrimination.

Post: Moving to electronic rent collection

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160
Check into erentpayment. If you're in the market for accounting software as well, Buildium is what I use and I've been happy with their system and rent collection.

Post: POLL: Houston Rental Property Insurance Policy Rates

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160

@Michael Finkelshteyn Yes, I use an agent. Look up Kordell Nolan with Goosehead Insurance. I would post his contact info, but I think it would be removed. If you can't find him, PM me and I'll pass his info along.

Post: Financing Spring, TX / The Woodlands, TX

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160
I invest in the Katy/ cypress area. Don't hesitate to let me know if there is anything I can help you with. My contact info is on my profile.

Post: Financing Spring, TX / The Woodlands, TX

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160
I think part of the reasoning is that when banks are making a loan, they know that a typical single family residence is an asset that has the strong chance of appreciating in value. They are then protected from risk of losses in the event of foreclosure by the end underlying asset's value. In the case of a manufactured home, it is closer to personal property and will only drop in value as it deteriorates. Therefore, they have to protect against the risk of foreclosure with higher interest rates. If at all possible, you may want to consider looking at single family residences. They make much stronger investments in almost every category.

Post: Leave new Appliances in future rental.

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160
I've rented my properties with appliances and without. I haven't noticed a significant difference in days on market or rent amount between them. Whether you should leave the appliances or not should be determined by whether or not you need them for your new home or not. If they'll just be sitting around in storage, I'd say leave them in the rental.

Post: New Member From Houston

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160
Welcome to Bigger Pockets Brandon! This is a great site that offers a ton of different learning resources. I am an investor, real estate broker and property manager. My properties are in the Katy/ Cypress area. Let me know if there is anything I can help you with. All my contact info is on my profile.

Post: Sean Shields in Camden County, New Jersey

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160

Welcome to Bigger Pockets! You'll find a ton of great info here.

Post: New member from lancaster Pennsylvania

David HinesPosted
  • Property Manager
  • Allen, TX
  • Posts 190
  • Votes 160

Welcome to Bigger Pockets! You'll find a ton of great info here!