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All Forum Posts by: Heidi Wilson

Heidi Wilson has started 6 posts and replied 81 times.

Post: 6 Figure Year and 1st Flip at 20 years old!

Heidi WilsonPosted
  • Charleston, SC
  • Posts 84
  • Votes 46
What a fantastic story! Well done. Wow. I’m impressed. There’s hope for the youth of tomorrow if they’re all like you!
What in the world Ted Klein that is a crazy story! Please keep us informed I’m in dying to know what happens. As for the OP question I had actually thought of that but got worried about the tendency that older folks have of not keeping house as well and not smelling things when they are “wrong.” I want people who can really maintain and look after my properties well and I don’t think 65+ is it (or rather 75+ because let’s face it 65 ain’t that old!)

Post: Columbia, SC Meet Up

Heidi WilsonPosted
  • Charleston, SC
  • Posts 84
  • Votes 46
Well darn I just noticed this was scheduled for 1:00 pm :( I glossed over that and assumed it was a time zone glitch and it was actually in the evening. Would be great to have meet ups in evening so folks with other day jobs can make it. This would have been impossible for me.

Post: Columbia, SC Meet Up

Heidi WilsonPosted
  • Charleston, SC
  • Posts 84
  • Votes 46
What is the location (other than 3rd floor gallery)

Post: Looking for agents in Indianapolis

Heidi WilsonPosted
  • Charleston, SC
  • Posts 84
  • Votes 46
Every time I try to send a pm in the app it crashes on me. Pm me and I will try to reply and see if that works.
I had two houses with frozen pipes - one of them burst in the laundry which thankfully was semi-exterior so didn’t cause any house damage. The other one was just frozen water heater pipes which I fixed with a heat gun (two times on two different days!). Down here they installed the water heater outside and the pipes are uninsulated and on the *exterior* of the house. Thankfully my tenant at the house where the pipes burst is a contractor and fixed it himself for free (bless him!) so no plumber bill there. But my third house texted the other day complaining of a gas smell in the house (to which I replied call the gas company!!!) Turns out when we were doing renovations my contractor cut off the chimney pipe for the water heater exhaust (water heater is in large crawlspace and exhaust is piped out to side of house). He replaced it with a shorter pipe and the exhaust was wafting up to the window (which is brand new and not sealed properly grrr) and coming in the house. So I had them turn off the water heater for the night and run both taps and then the HVAC guy came out and reinstalled the pipe correctly - all the way to the roof above the windows so that the exhaust does not come near points of entry for the house. I haven’t gotten a bill yet but I’m sure it won’t be nothing. Now that tenant’s father wants me to “get the water heater serviced” and I’m not sure what to do. I don’t think it needs it, it’s newish and we identified the issue. But if something were to go wrong down the road I would hate to be the landlord who refused to service the water heater if that ultimately caused an issue. So...yeah. 3 out of 4 houses with issues despite me being proactive and telling tenants to run their water at night. The houses just aren’t made for this cold!

Post: Getting my LICENSE, anyone else doing the same?

Heidi WilsonPosted
  • Charleston, SC
  • Posts 84
  • Votes 46
What made you decide to go for it? I am in the fence trying to figure out if the early access to deals makes it worth it. Aren’t there tax implications of becoming an agent?

Post: Realtor suggestions in Indiana

Heidi WilsonPosted
  • Charleston, SC
  • Posts 84
  • Votes 46
I have family in Valparaiso I will ask them for recommendations for you - my uncle is a builder up there so he should know some good people
Absolutely. I have 4 sfh rentals and an umbrella policy. I will move everything into an LLC for further protection but keep the umbrella. It’s a no brainer in my opinion.

Post: Mortgages for less than $100k

Heidi WilsonPosted
  • Charleston, SC
  • Posts 84
  • Votes 46
I put a mortgage on a property for $44k. They make up their money by making it a no-prepayment mortgage. I have to ride it out for the five year term. It’s through the commercial arm of a local bank. Same interest rate as all my other mortgages just can’t pay it off early.