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All Forum Posts by: Jeff Sprunger

Jeff Sprunger has started 6 posts and replied 257 times.

Post: If you had $1,000,000 in cash, what would you do?

Jeff SprungerPosted
  • Lockport , NY
  • Posts 265
  • Votes 123
Retire

Post: Seattle Network

Jeff SprungerPosted
  • Lockport , NY
  • Posts 265
  • Votes 123
Hello everyone. I'm retiring from the military in June. I have a job interview in Bellevue. Question: realistically, what towns or zip codes can i look in around Bellevue that would be in commuting distance (30-45 minutes ok)? This would be my personal residence. Price range is around $150-225k. Would prefer single family, detached, but would consider condo also. Not scared of minor fixing. Any guidance will be greatly appreciated! Jeff

Post: My tenant stopped paying rent...

Jeff SprungerPosted
  • Lockport , NY
  • Posts 265
  • Votes 123
And...buy "Landlording on Autopilot" by Mike Butler. Read. Apply!

Post: Quickbooks Tutorials for Landlords?

Jeff SprungerPosted
  • Lockport , NY
  • Posts 265
  • Votes 123
Pay your CPA to teach how to use it. That way, he can tell you what information he needs at tax time.
Hey Matthew, couldn't send you a PM, so I'm posting here. Just wanted to say "welcome to Japan"! I'm in Fussa.

Post: Duplex Appraisal - Comps?

Jeff SprungerPosted
  • Lockport , NY
  • Posts 265
  • Votes 123
Hi Chad, i'd be interested to know a little more about the properties: part of FW they are in, asking price, layouts, etc. i'm from FW (currently in the Army however) so i'm interested to know how they will cash flow.

Post: To Evict or not?

Jeff SprungerPosted
  • Lockport , NY
  • Posts 265
  • Votes 123
If it's a month to month lease, you don't need a reason, just give him the 30 day notice. Hell, give em 60 days to look more fair. But once you give him the notice, be prepared, he's done paying rent.

Post: Is it time to quit my day job? Advice needed.

Jeff SprungerPosted
  • Lockport , NY
  • Posts 265
  • Votes 123
Keep the job. Plow your money into paying down the loans on the rentals, saving a huge emergency fund and a down payment on the next rental!
BB gun, lawn chair, case of beer, high beam flashlight, long nights...repeat until problem fixed!

Post: Limited Resources! Easiest Strategy To Make Money and why?

Jeff SprungerPosted
  • Lockport , NY
  • Posts 265
  • Votes 123
Use FHA loan to buy a personal home cheap. Fix it while you live there. Repeat every year or so. Keep a full time job!!!