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All Forum Posts by: Frank Eimiller

Frank Eimiller has started 9 posts and replied 257 times.

Post: Successful Sheriffs Sale (Was the only guy there!)

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

Man this is awesome! Congratulations 

Post: Bought First Investment Property with success!

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

Very motivating. Thanks for sharing 

Post: What do you guys think?

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

Man... take the jump, get out of your parent's house!! 

I suggest what @Brandon Turner likes to talk about and that's house hacking, FHA financing with your cash shouldn't be a problem!

Post: Tips for Calling Prospective Tenant's References?

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

BiggerPockets has the "ultimate guide to tenant screening" available in the Education section

but other than that... I've heard of asking open ended questions of references and just letting them talk

Also, ask very specific questions to be sure that you're talking to the right person, and not just a friend of the tenants 

I guess the main things to find out is if  they have had an eviction, if they paid on time, and if they followed the previous landlord's rules/lease 

Post: HAPPY BIRTHDAY, JOSHUA DORKIN!

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

Happy birthday J-Money!!! Thanks for all that you do-- most importantly for babysitting Brandon Turner throughout the hour long podcast(s)!! Very impressive! 😀

Post: Why are there so many ex-engineers in REI?

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

Sorry for bumping an old post but to add to the thread:

We are sick of sitting at our desk

We don't want to sit at our desk forever...

Lastly, it's easy for us as we can take phone calls and manage people..... from our desk 

Post: exit strategy

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

Fire selling the property - having a below market price that you KNOW the property will sell at, this is to avoid continually lowing the price in small increments and holding a property too long

Turning it into a rental - this is just that.. finding a tenant 

Whole sale?? - if the property isn't completely done maybe you can sell it off to another investor who can finish the job 

Hopefully I described those ideas correctly? Others might have more ideas!

Post: New member from Palm Beach

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

Hey, welcome to BiggerPockets! I was actually born and raised in Palm Beach, hope you're loving it as much as I did! 

Post: Is this real estate book rumor true?

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

J Scott's new book on spec building?

Post: NEW- Professional Athlete turned Real Estate Agent

Frank EimillerPosted
  • Rental Property Investor
  • Fond Du Lac, WI
  • Posts 261
  • Votes 78

So you will be partnering w/Mark Cuban on deals (Yes/no?) Haha. Welcome to BiggerPockets!