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All Forum Posts by: Jaclyn B.

Jaclyn B. has started 9 posts and replied 61 times.

Post: How do you get the funk out???

Jaclyn B.Posted
  • Investor
  • Austin, TX
  • Posts 62
  • Votes 21

@Brian Banks 

If you have done all of the above (which hopefully something already suggested works), and there is still some lingering smell, boil some vinegar and then let the hot vinegar sit in whatever room smells. It will smell rancid for a while (an hour or two), but once you air it out the smell is much better. I did this when I had a roommate who never changed her cat's litter box.

@James Wise

@James Wise

@James Wise is very active in Cleveland. I have never worked with him directly but he seems very knowledgeable about that market and has a sterling reputation here on Bigger Pockets.

Post: my first auction.com online auction won....intense!

Jaclyn B.Posted
  • Investor
  • Austin, TX
  • Posts 62
  • Votes 21

*updated

Post: my first auction.com online auction won....intense!

Jaclyn B.Posted
  • Investor
  • Austin, TX
  • Posts 62
  • Votes 21

@John D. 

Congrats! Keep us updating on how things go. Auction.com has intrigued me but I'm hesitant because I've heard some real horror stories. Hopefully everything goes smoothly for you.

Post: Best strategy for low pop. low income markets.

Jaclyn B.Posted
  • Investor
  • Austin, TX
  • Posts 62
  • Votes 21

@Jon L. 

If there are a lot of properties just sitting on the MLS, start with properties that have been on the MLS for the longest time (that meet your other criteria in terms of location, bed/bath #, etc) and make an offer. Once you've purchased a property put out for rent ads in the newspaper, online on Craigslist, sign in the yard, etc. Depending on your market your MLS may also hold rental listings. Or you could hire a property management firm to do all the tenant related tasks.

A lot of folks on Bigger Pockets can provide information on direct mail (yellow letter) campaigns. Direct mail is not my area of expertise so I can't speak to that. 

Post: Engagements/Marriage - random thought

Jaclyn B.Posted
  • Investor
  • Austin, TX
  • Posts 62
  • Votes 21

@Lucas Wagner 

I'm with @Dawn Anastasi on this one. If my SO gave me a cash-flowing rental property I'd be so happy. Seriously, we should make this a thing. 

Post: Cashflow in Austin area?

Jaclyn B.Posted
  • Investor
  • Austin, TX
  • Posts 62
  • Votes 21

@Jon Klaus 

Thanks Jon, I hadn't even thought about that area. When did you acquire that property?

Post: New from Austin, TX

Jaclyn B.Posted
  • Investor
  • Austin, TX
  • Posts 62
  • Votes 21

@Paul Timmins 

I also love your profile picture. Barbara Corcoran is always fun to listen to.

Post: New from Austin, TX

Jaclyn B.Posted
  • Investor
  • Austin, TX
  • Posts 62
  • Votes 21

@Paul Timmins 

Hi Paul,

Thanks for the welcome! I really appreciate the action items you suggested. I will definitely be calling some property managers and learning more about my target markets. 

Regarding REIAs: I'm looking to do most of my investing out of state. I'm new and fairly capital constrained so I'm priced out of my local market. Is it still worth it to join a local REIA?

One of my main market considerations is "Is there a major college near by?" I think student are an undervalued rental market and I'd like to take advantage of that. 

@Brie Schmidt 

Congratulations! It's also my goal to quite my job and rely on rei for my income. If you don't mind me asking, how long did it take you to get to your quitting point?