All Forum Posts by: Gary Abner

I took a one year sabbatical as a test run.
In that year I completed 6 years of taxes, 5 cashout refinances, purchased, rehabbed, and rented 4 houses Sold one for sale by owner under contract as a "Rent until you buy" and purchasing 2 fourplexes out of state, Closing in 3 weeks.

I repaired my relationships with my wife and my kids. As a family we all do yoga for an hour everyday.
My happiness, health, networth, and cash flow have all gone up without the constraining ties of my job.

I have a great job and real estate is allowing me to leave it.
I have 21 days left of a 19 year engineering career. I'm an expert in a very small niche and I'm going to give my company everything i can before i leave as a thank you for funding my real estate.

My most valuable asset has been my ability to earn a living as an engineer and i retain that asset but real estate is way more fun.

Gary :)

Can anyone recommend a good property manager for lenawee county?

If you are self-managing your own rentals, let me know if you are interested in managing my properties there.

i grew up in tipton, went to school at onsted, and remember when the Adrian mall was full.

I have 12 doors in Washington State where i live now and will be buying some units back home.

I'll be putting my parents in one of the units so I will have some boots on the ground.

thank you so much!

Gary

Hello all, 

Can anyone recommend a good property manager for lenawee county?   

If you are self-managing your own rentals, let me know if you are interested in managing my properties there.

i grew up in tipton, went to school at onsted, and remember when the Adrian mall was full.

I have 12 doors in Washington State where i live now and will be buying some units back home.

I'll be putting my parents in one of the units so I will have some boots on the ground.

thank you so much!

Gary

I have the same question for a different reason.

There are a couple markets outside of my own that I will become active in.  

I would also like a method to determine who the top selling agents are for a given area. I would probably interview the top 3-5 and pick from those. But I want to start my interviews with the top selling agents.

What's are some methods I can figure out who/what teams are the top sellers?

Hi Robert,

That was a really nice offer you made  to Patrick.

I could use the same kind of help for two different areas. 

Thank you.

Gary

Thank you for your reply.

I'm looking at different markets so I need this ability also. 

I need a way to be self-sufficient. 

I don't know any agents well enough to ask a favor like this.

 I've also done this successfully.

 I advertise the rent amount without pets, I charge $100 extra per month if they want a pet.

I don't call it pet rent I just let the tenant know the rent is $100 higher with pets.

I don't plan to sell. If I need money on it, I can borrow it via a HELOC.

if I do want to sell it, I'll 1031 exchange it.

If I'm trying to cash out in later years....Versus selling it I'd rather pull all the equity out and let it transfer to my heirs at an updated cost basis.  The accumulated depreciation goes away when you pass it on. 

I locked Friday at 2.99% @30 year VA for my personal residence. 90% cash out.

I am looking to refinance my non-owner-occupied investment duplexes next, currently at 5% at 30 years.