All Forum Posts by: Jermell Shavers

@Daniel Brown. You’re correct my numbers are amazing but it’s just the thought of better class properties and better quality tenants that’s all.

@Jill F. I just wish I could get better quality properties yes they appreciate very slowly and they are free and clear just you always want or inquire about things you don’t have

@Macintyre Braun. For me it’s financing I’m stuck to whatever I can buy in cash.

I’m starting to doubt my c class rentals. I met someone who finances all of her rentals and I guess I kinda got caught up in what she was talking about. I buy my properties cash 40k or less since my financing options are limited. My c class rentals aren’t bad they cash flow 100% and they rent for 905 and up with sec 8 which in a c class I’m perfectly happy with. Why am I doubting myself now ?? Should I try for B or A class properties.

@Jignesh Savaliya. Pass even if they had sec 8 they wouldn’t pay their portion..

@Jignesh Savaliya. You shouldn’t need to ask that tenant is going to be a problem without a doubt. Is this sec 8 ??

@Joe Splitrock. Any other banks that offer a heloc on Noo Rentals ?

I don’t understand how banks can be so different ?

@Francois Guerrier. Some people’s jobs are seasonal they make a ton one season and other seasons it’s pretty slow. Like me I’m an Hvac tech during summer the dough is rolling in during winter since I live in Lousiana it’s pretty much like I don’t work. If I pay cash for my properties I don’t have to worry about losing them. I’m getting towards the financing but it’s a sense of it’s mine!! And nobody can take it type of mentality

@Maimouna Sow. I honestly didn’t even read the entire post he is agreeing so easily to take money off his price he isn’t planning on doing anything except running when he gets that money.. take my word for it he isn’t going to do a thing except disappear