Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jeremy Blevins

Jeremy Blevins has started 20 posts and replied 130 times.

Post: Denying qualified applicants

Jeremy BlevinsPosted
  • Folsom, CA
  • Posts 134
  • Votes 100

@John Underwood that’s what I told my wife but she the way she understands it we need to give the other applicants a reason for not choosing them to legally cover ourselves from being discriminative 

Post: Denying qualified applicants

Jeremy BlevinsPosted
  • Folsom, CA
  • Posts 134
  • Votes 100

Hey BP we currently listed our duplex and had several qualified applicants apply. While this is great and we were able to go with the best applicant we aren’t sure how to tell the other applicants they weren’t picked, that is legally. Because they meet all of our minimum requirements how do we legally tell them they weren’t picked? Are we able to just say that we chose the best qualified applicant? This is our first rental and we want to make sure we do this right. And yes I’m half way through Brandon turners book on managing rental properties! Thanks for the responses. Ps we live in CA

Post: pay student loans or invest in real estate?

Jeremy BlevinsPosted
  • Folsom, CA
  • Posts 134
  • Votes 100

@Alyssa Nagasako hey Alyssa it sounds like your student debt may be low enough amount to put on a zero percent interest credit card depending on how good your credit is. If you’ve got $20,000 laying around I suspect your credit is probably pretty good. I’d look into transferring your debt and invest your $20 Into some property. Just make sure you pay that credit card off within the zero percent time frame or transfer it again when the time comes!

@Diallo Jones when you reference conventional financing with only 3% down is this based on you living in the property?

Post: What general maintenance things to you let your tenants do?

Jeremy BlevinsPosted
  • Folsom, CA
  • Posts 134
  • Votes 100

@Nik Moushon sorry I should have clarified... might be a stupid question but can you just remove the filter completely? And leave it off?

Post: What general maintenance things to you let your tenants do?

Jeremy BlevinsPosted
  • Folsom, CA
  • Posts 134
  • Votes 100

@Nik Moushon can you remove the filter? Our duplex also has a nice lawn out front that I want to keep nice because the area is nice. I pay a landscaper to take care of the yards and I’m sure something like changing a filter once a month is something you could work into the deal with them.

Post: Engagement vs. Down Payment?

Jeremy BlevinsPosted
  • Folsom, CA
  • Posts 134
  • Votes 100

@Devin James it doesn’t sound like there is any rush to get married.. I’d talk to your partner about the fact that you’d like to purchase a house. If she is excited about that and on board then why not wait a year to get married, especially since it really doesn’t change much! My wife and I got a few thousand from her dad back when we were engaged to use for the wedding or whatever we chose. We talked amongst ourselves and to her dad and decided we would use the money to buy our first home because that was more important to us than getting married sooner. Because we used that money on a home Instead of rushing to get married we set ourselves up in life a little bit better. What if you buy a duplex or something you can house hack while in college therefore decreasing your living expenses and allowing you to save more for the ring? Not only that I’m

a huge advocate of living with someone before your married! My advice, buy the house first! Good luck

@Stephen Kleyn Hey Stephen sorry to hear about all the troubles. We recently bought a duplex in an A class part of CA that we’ve renovated and are now house hacking. I mention this to make the point that we didn’t take short cuts and do things cheaply with our renovation. That being said we installed vinyl plank flooring over the existing tile in some areas. I was worried that you would be able to feel the tile under your feet but that is not the case. We used vinyl plank flooring that came with a foam underlayment. I think this helps to minimize variations in the flooring and as others mentioned helps keep things quite. Judging by the pics it looks like you might be able to do this. Another plus is the vinyl plank is fully waterproof as I’m sure you know. Good luck!

@Frank Bonzai Hey Frank house hacking is an awesome way to get started. You mentioned you have debt... I would look into doing a balance transfer and getting your debt put on to a zero interest credit card. Depending on how much debt you have this could save you a considerable amount each month. Second are you able to get out of your car lease? If you can do these two things maybe you can get into a place that much quicker.

Post: Replace A/C unit immediately?

Jeremy BlevinsPosted
  • Folsom, CA
  • Posts 134
  • Votes 100

@Jaron Walling thanks the the advice. I guess I’m a little more concerned because we will also be living in one side and house hacking temporarily. I’ll probably do like you suggested and hire a company to come inspect them too