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All Forum Posts by: Jacob Zivanovich

Jacob Zivanovich has started 12 posts and replied 56 times.

Post: House Hacking Partnership

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

@Janet Pritchett

Hey Janet! Thanks for replying. I found a lender here in Spokane that will allow me to go through the process in 6 months or so, since i found long term employment with a great salary (plus some commission)! I'm going to use this time to save up my reserves, since they're not exactly where I want them to be anyway. 

However, I'd still love to hop on a phone call and see what you had to offer.

Post: Can I Just Use Any Rental Application? Next Steps?

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

@Michele Fischer

Hey Michele, thanks for the comment! I really like that idea of adding a separate page, apart from the screening company, about more personal questions like how long they typically live there. 

Post: Can I Just Use Any Rental Application? Next Steps?

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

@Nathan Gesner

Hey Nathan, thanks for the comment! I appreciate the link you sent on a screening guide, very helpful!

Post: Can I Just Use Any Rental Application? Next Steps?

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

@Kevin Sobilo

Hey thanks for the thought-out response. Zillow also seems like a great option because of all the traffic it gets. I also love your comment about the state's court website. 

Post: Can I Just Use Any Rental Application? Next Steps?

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

Hey there,

As the title indicates, where do I get a rental application? Can I just lookup one online? Or do I have to use an application from a company that does background checks?

After the tenant fills this out, do I send this to any background screening company?

Thanks!

Post: REAL House Hacking Numbers

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

Hey Anthony! I liked this post a lot. I saved this post format so that when I get my 1st house hack this year (hopefully!), I'll make a post similar to this. 

I had a question: Under your "Amortization" category, why is considered a + and not a - ? Is this because your Principle Paydown is transferred into equity?

Thanks and congratulations!

Post: House Hacking Partnership

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

@Eric Fernwood

Hey Eric, thank you for the detailed response! I saved this for my own documents to use later on. It seems that this type of partnership could very well work, as long as each point is addressed and formally looked at by a professional. 

Post: House Hacking Partnership

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

@Wale Lawal

Hey thanks for the reply! Having everything in writing and that both parties understand what is going on is key. I'll take this into consideration.

Post: House Hacking Partnership

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

@Sarita Scherpereel

I'll keep it going, no worries there!! haha yes, I'm very excited to keep the BP forums updated on the process.

Post: House Hacking Partnership

Jacob Zivanovich
Pro Member
Posted
  • Spokane, WA
  • Posts 56
  • Votes 30

@Sarita Scherpereel

Hey thanks for the reply! I haven't yet, and that's a great point. Connecting with local banks/lenders should be the next step. 

I can definitely see how a commitment on that partnership is very risky. I was thinking it was maybe less risky since I would try and refinance out of it when I had the chance, but it seems there are better options.