All Forum Posts by: Galen Ikonomov

Zelle all day. Nothing to think about - Free, Easy to navigate and majority of the big banks have the access to that software.

@Ben S.

I am sorry that this is happening to you brother. It is super frustrating when you intend to invest your hard earned capital in order to provide safe and clean housing for people and in exchange you hope that the person will respect the place as it is theirs and pay you on time, but then the law is on the side of the person that has no skin in the game.

 I would not give any advice for lawyers or attorney, but very simple suggestion of you leave MN. I am reading constantly the new laws they are passing and they are trying their best to KICK out investors and businessmen out of the state.

 Sell your investments in MN, grab your family and move somewhere where you will be encouraged to invest your capital by the law being on your side.

 Not to get political, but a lot of places in the US are encouraging the victim mindset through their laws.

 I wish you the best and hopefully things get better!

On top right hand corner you click on your picture -> Then settings -> Then Billing and Payments -> Once again click Billing and Payments you will see Cancel my Membership.

Let me correct you. You don't have money to buy an investment property - 30k is money to replace a roof.

You do have money to purchase a house hack though and start from there. You are going to be of an amazing start learning how to be a landlord through house hacking. Also, that way you don't have to leave the state unless you don't like it. 

The point of house hacking is to decrease your biggest monthly expense and that is housing, not to turn profit. Profit is the icing on the cake. And then you want to know when you leave the property and someone replaces you to rent, how much would you make. 

It is always a good time to house hack. The market is amazing and the interest rates does not matter when you know how to negotiate. 

You absolutely can. Reach out to an experienced broker, there are plenty of them here. 

Ups, I am going to Edit my previous post, I thought we are talking about you being a Loan Officer dealing with an applicant haha ( not enough coffee I guess ).

I would not accept anything that the potential tenants provide me with. 

 Oh, there is no reverse there. I am in Madison every week.

I would probably say that the focus should be student housing. If you get to a house that houses students from UW M, you would score the jackpot. 

@Matt Rekowski Not in Dane county lol.

One of the reasons I stopped listening to the Podcast. Most of the topics are clickbait. The original BP lost its charm.

No, I am not going to believe that a guy with 10 "doors" in Godknowswhere, Kentucky has achieved Financial Freedom. Maybe he has obtained financial freedom from paying for gas and the water bill.