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All Forum Posts by: Jacob Goodall

Jacob Goodall has started 4 posts and replied 8 times.

Post: Multi Family Contingencies

Jacob GoodallPosted
  • Sandy, UT
  • Posts 8
  • Votes 1

Thank you guys for the help!

Post: Multi Family Contingencies

Jacob GoodallPosted
  • Sandy, UT
  • Posts 8
  • Votes 1

Awesome Thank you for the help @John Jacobus!

Post: Multi Family Contingencies

Jacob GoodallPosted
  • Sandy, UT
  • Posts 8
  • Votes 1

Hello BiggerPockets Peeps,

Quick question, when buying a buy and hold property what would be some basic contingencies you would want to include in the contract?

Post: Tenant lease/rent help

Jacob GoodallPosted
  • Sandy, UT
  • Posts 8
  • Votes 1

Awesome, Thank you for the input.

Post: Tenant lease/rent help

Jacob GoodallPosted
  • Sandy, UT
  • Posts 8
  • Votes 1

When you buy a fourplex with tenants do you restructure the current leases with them or are you locked into the leases they had prior to your ownership? Also, how would you inform them about rent going up to meet the market standard?

Post: Multi-family Help

Jacob GoodallPosted
  • Sandy, UT
  • Posts 8
  • Votes 1

My question is when i get the report back it shows my cash on cash to be anywhere from -50% to -100%. What should i be doing to get a better return? Also, would it be unwise to put a downpayment while using the VA loan?

Post: Multi-family Help

Jacob GoodallPosted
  • Sandy, UT
  • Posts 8
  • Votes 1

Hey Guys,

I am active duty military looking to buy and hold a duplex with intent to house hack. I would like to use my VA Loan for the purchase. I have been using the rental property calculator to analyze the duplexes I have been looking at. My question is when i get the report on my

Post: New to the Salt Lake Area

Jacob GoodallPosted
  • Sandy, UT
  • Posts 8
  • Votes 1

Hi everyone,

My name is Jacob Goodall I recently moved to the Salt Lake area. I am currently active duty military looking to get my foot in the door. I would love to learn more about investing in multi-family homes and down the road learn more about flipping houses. I look forward to the help everyone can provide. 

Respectfully,

Jacob Goodall