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All Forum Posts by: Jeff Bousquet

Jeff Bousquet has started 27 posts and replied 91 times.

Post: Where do you guys find non-skilled labor?

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

@Lucas Hammer

I do these jobs myself. It’s saves money and headaches.

Post: Tenant wants to break her lease

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

@Mark Perea

Would it be easy to rent? If so, I might let her out of the lease. If she’s not happy she may not pay rent, keep the place clean, or damage something. Review the lease to see if she’s liable for the rent until you find a new tenet.

Post: Should I be required to change a light bulb for a tenant?

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

@Kimberly Kesterke

I have a couple tenets that I change light bulbs for. Mostly they are older or can do it easily. It’s no sweat. Takes two minutes and I buy light bulbs in bulk.

Post: Is it really worth it telling people your real estate goals?

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

@Mike Jacovelli

I will have a conversation with anyone willing to talk to be about real estate.

Post: Buying and Renting a Condo

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

I was thinking about buying a condo or duplex in Florida to rent out for a few years until it's paid off. Something in the 80k-90k range. Once it's paid off use it has a vacation home. Has anyone done something similar? Is a property management company need or can I rely on the HOA for maintenance issues? Would a duplex be more favorable to a condo? Anyone done something similar? Any input is appreciated.

Post: If you could, where would you move to?

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

@Kieran McDonagh

On a side note. I don't know anything about the real estate in the areas I mentioned.

Post: If you could, where would you move to?

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

@Kieran McDonagh

I like the Charleston South Carolina area. I visited this summer and really enjoyed the area. There's lots to do and the weather is nice. The restaurants are phenomenal.

The beaches on Isle of Palms are one of the best I've visited. Warm water and. It over crowded. There's second to Marco Island Florida beaches in my opinion.

Post: Interest rates on investment properties

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

@Dejuan Calloway

Last may I got a interest rate of 5.5% on a 30 fixed.

Post: Commercial Direct Lender

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

Has anyone used Commercial Direct morgage? I keep getting emails from them and the terms seem appealing with 80% LTV.

Post: Tenants left days after closing 😩

Jeff BousquetPosted
  • Rental Property Investor
  • Rhode Island
  • Posts 93
  • Votes 52

@LaRussa Henderson

It's common for tenet turn over when a priory changes hand. I bout a 4 unit in 2018 and everyone left. Last spring I bought a 3 unit and one left.

This creates a great opportunity to update the apartment and increase rents. You can also look for tenets that meet your criteria versus the previous owner.