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All Forum Posts by: E.S. Burrell

E.S. Burrell has started 6 posts and replied 190 times.

Post: Nothing will cashflow.

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

Last Sunday’s sermon title at church was, “ If not now, then when? JS

Post: How To Know If You're Investing In A Good/Bad Neighborhood

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

@Kash Jawed

Thank you for the info.

Post: spare bathroom remodel while tenant still occupies dwelling

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

I would wait until May 1 when he’s out of there.

Post: First property complete but need to vent

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

Thanks for the vent. I am also feeling the need to contract out work. I am no spring chicken! and I’d rather be doing something else also, for me, if it’s just doing nothing and staying in my PJ’s all day. I work 9-5, 40 hours a week, have 9 rentals, and a child that is graduating and leaving for college. Starting April, I’m going to rehab what I enjoy doing and let someone else do the other stuff. That way I’m happy and also helping someone else feed their family.

Post: First tenants, 3 months in and they're out of money and work

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

There’s no “working with” a tenant that has only been there for three months. They’re still on “probation” in my opinion. Get in writing that April 30th is there last day and security deposit will be returned. Nip this one in the bud.

Post: HELP: Bought a house that will likely be condemned

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

@Stephanie Nurre

Agree. Now is not the time to make one feel worse about a decision they made. I have 9 properties and 2 of the 9 were money pits which is going to take me a few years to recoup but I learned from my mistakes. Yes, I bought my mistakes. You bought yours too but I but you learned from it. Take some of the good advice you’d been given and get at it. To encourage you, remember this…. When you’ve been down, leveled to the ground, the only place left to go is up!

Post: Closed on my first rental property!

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

@Lawrence Briggs wow! Congratulations

Post: Landlord's Responsibility or Tenant's?

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

I require that tenants submit proof that utilities are turned on in their name before move in. That way Im not stuck paying the expenses.

It’s her fault. Period.

Post: First flip and out of money. Can anyone provide insight

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

@Shelby LeBlanc

Can you rent it out to get some money coming in? Is it habitable? If so, can you finish the work yourself? Hate you’re in this position.

Post: How long should I give a Property Management company?

E.S. BurrellPosted
  • Rental Property Investor
  • Michigan
  • Posts 192
  • Votes 205

@Travis Mullen

Hang in there the right tenant will come. It’s a slow time of the year.