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All Forum Posts by: Jonathan Killam

Jonathan Killam has started 8 posts and replied 59 times.

Post: New Hampshire Business Structure

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60

Hello Jonathan,

Thank you very much for responding. I'd like to dive a little deeper into this if you don't mind. How are you financing your purchases, and are you putting them into a revocable trust upon said purchase?

Best regards,

Post: New Hampshire Business Structure

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60

Hello NH BP'ers,

I've searched the forums and surprisingly haven't found much relating to this topic for our state New Hampshire. I'd like to know how you've structured your business (or haven't), and why? Also what strategies are you using within ie: flip, wholesale, hold ect

Post: How Important is the 70% Rule?

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60

None of the "rules" are really set in stone. They are just a quick guideline to help weed things out. The proof is in the pudding, and running all the numbers on a potential deal is how you actually know what you're looking at.

I think it'd be beneficial for you to share your numbers and the town you're looking into for one of your potentials. This way we can all take a look and let you know if it will indeed cash flow the way you expect.

Post: Hello from New Hampshire!

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60

Welcome to BP Kyle!

Post: Best fit real estate agency?

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60

Hello BP friends from New Hampshire.

I'm currently going through the classes to get my license, and would like to hear from other Realtors which agency you think is the best and why?

I am mainly taking this path for knowledge, speed, and access to data that will aid in future investment deals. If I sell a house or two along the way that's nice, but it isn't my main focus.

So, what do you think would be the best fit for me? 😁

Post: EVICTING a relative who is NOT on lease ?

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60

I couldn't agree with Brandon more. The tenant is responsible, and could probably just move the siblings things out being that she's not in the lease.

*Disclaimer* I'm not a lawyer and I'm in no way offering legal advice. You should always speak to a lawyer regarding legal matters 

Post: Arson at Rental House

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60

Sounds like your insurance should take care of it. Hopefully the police or fire marshal can catch the person who did it, then charge them with the crime, so you can receive restitution.

Post: Buyers in New Hampshire

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60

@Imran Ahmed

Not yet. I'm planning to manage my own properties at first.

Post: Buyers in New Hampshire

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60

I'm looking for 4 unit buildings, with separated utilities, and good bones under 200k in these towns:

Belmont, Gilmanton, Laconia, Gilford, Tilton, Northfield, Pittsfield, Loudon, Glendale, Chichester, Canterbury, Barnstead, New Durham, Alton, Boscawen, Sanbornton, Strafford, Penacook, Coburn, Epsom, Hill, Concord, Meredith, Allenstown, Sanbornville, Hopkinton, Bow, Barrington , Henniker, Plymouth, Candia, Hooksett, Weare, Auburn, Lee, Ossipee, Goffstown, Somersworth, Chester, Pinardville, Epping, Madbury

Post: Rental housing and domestic violence

Jonathan KillamPosted
  • Lender
  • Charlotte, NC
  • Posts 59
  • Votes 60
You won't need to do anything if the victim does the right thing with the police and courts. There will be a restraining order preventing the abuser from being anywhere near the victim or the residence.

*Disclaimer* I am not a lawyer. Any suggesting or advice I give is considered to be for entertainment purposes only. Use it at your own risk.

Originally posted by @Lulu Nguyen:

Yes. There is a police report and video evidence.