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All Forum Posts by: Jesse Herndon

Jesse Herndon has started 1 posts and replied 6 times.

Post: Real Estate Investor living in RV Full Time

Jesse HerndonPosted
  • Rental Property Investor
  • Little Rock, AR
  • Posts 8
  • Votes 12

@Catherine C. My parents actually have land in the area from where our rental properties are so we have moved it there. They have all utilities on the property so we use electrical and then every couple of weeks we run a water hose to an external tote we use for our water. Since it's located in the country far away from city limits, we didn't have to worry about local laws. For sewer, our "grey water" (any water that goes down a sink or shower drain) is ran through a field line underground that we installed to distribute water underneath the year. For "black water" (waste from the toilet) we actually use a compost toilet so by the time it's full, the contents inside has been composted to be used in the soil. We do still bury this waste so it's never on the surface of the ground but it's 100% safe and legal to dispose of that way.

Being in an RV has it's challenges but we're definitely enjoying the change from norm. It has actually simplified our lives a lot.

Post: Is virtual staging effective vs actual staging?

Jesse HerndonPosted
  • Rental Property Investor
  • Little Rock, AR
  • Posts 8
  • Votes 12

@Cory Johnson Could you let us know how it went with this first deal without the staging? We're getting ready to list one next month and I'm debating on staging or just pricing aggressively for a quick sale.

Post: Real Estate Investor living in RV Full Time

Jesse HerndonPosted
  • Rental Property Investor
  • Little Rock, AR
  • Posts 8
  • Votes 12

So my wife and I own a few rental properties but we decided about a year ago that for the time being, we wanted to live a minimalist lifestyle while our two kids are young. So we made preparations and in July this year we purchased an RV, remodeled it to fit our style, and have been in there ever since. Along with my wife, 2 yr old daughter, and one yr old son, we have two large dogs that stay indoors with us. Most people that I talk to about it give me strange looks when I tell them that we own rental properties but basically live in a tiny house (400sq ft RV) ourselves.

Eventually, we'll go back to having our own brick and mortar house, but this season is actually pretty fun for us and we've really been enjoying it. So far, I've started using the BRRR strategy to look for more properties and am refinancing two of my rentals, but there have not been any issues with the fact that we live in an RV.

I'm curious if any other investors out there have went with this approach to their own personal living situation.

Post: BP meet -ups in Central Arkansas

Jesse HerndonPosted
  • Rental Property Investor
  • Little Rock, AR
  • Posts 8
  • Votes 12

It looks like no one has posted on this in over a year but are there currently any meet ups in Central Arkansas for BP members?

I recently moved back and am looking to get some face time with other investors in the area. I own three rentals but really want to expand my portfolio in this next year and would love to expand my connections as well.

Post: Looking for recommendations for a GC and PM company in Cabot!

Jesse HerndonPosted
  • Rental Property Investor
  • Little Rock, AR
  • Posts 8
  • Votes 12

Kit, if you're still looking for a property management company, check out Solid Rock Property Management. They're located in Bryant/ Little Rock, but they service all the way to Cabot. I just signed with them for one of mine in Jacksonville yesterday and they're very reasonable to work with. Here is a link to their website-

http://www.solidrockar.com/

I currently live in California, and I have 3 single family homes in Arkansas that I bought when I still lived there but held onto when I moved. I've been looking to expand in the Arkansas market from here and this book would be a great help for strategies!