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All Forum Posts by: Jonathan W.

Jonathan W. has started 22 posts and replied 494 times.

@Russell Gronsky she moved out? How did the move out process work? Did she give you notice? Did she have a deposit? Did you return the deposit?! I’m following to learn but I’m wondering how she left and they got stuck. It sounds terrible dude and I hope it works out!

Post: What are the most landlord friendly states

Jonathan W.Posted
  • Los Angeles, CA
  • Posts 512
  • Votes 301

@Reinaldo Lopez Nevada! It's the HOA's that are not so much. I believe Wyoming and Arizona are on the list but I'm in NV and I can confirm that we are landlord friendly(knock on wood as more non Nevadans come in)

Post: Landlord / Tenant Laws book?

Jonathan W.Posted
  • Los Angeles, CA
  • Posts 512
  • Votes 301

@Ramiro Rodriguez NOLO and anything by them is sufficiently boring but has the information you need. Browse their website. I’m a big read the book over any other media dirt kind of guy but the Website isn’t as painful to read and has some good links to keep you going once you find a subject you want to study.

@Paul Sandhu I thought this was the side gig. Heck everything’s a side gig to me.

Post: Putting in offers during Covid-19

Jonathan W.Posted
  • Los Angeles, CA
  • Posts 512
  • Votes 301

@Jared Smith you shouldn’t have too many problems. When they arrive you practice social distancing and don’t invite everyone over at once. The only issue is finding someone. It seems right now people either way to stay home or they are so thankful to find work in his environment because everything has halted. Despite all the chaos this is kind of a good time to upgrade properties or hire trades/handyman for any vacant places.

Post: Researching Markets to Invest In Rental Properties

Jonathan W.Posted
  • Los Angeles, CA
  • Posts 512
  • Votes 301

@Kaitlyn Nesbitt Henderson, Nevada is one to consider. Low property taxes, very middle class and just a great city overall.

@Mikhail Abbott you’re getting a lot of straight forward answers

Firstly look at the positives, she’s asking you right before patio people get busy, so if you’re going to get a deal, now, esp with all his stuff going on, a good deal awaits.

Two, it’s solid upgrade you are paying half. Now if the company overcharges you then who cares but if you get a solid deal and then have to pay half then your benefits come from what you plan to do with the home. Re-sell it one day in the future? It’s a smart upgrade.

If you don’t have cash, if your money rather be spent elsewhere then by all means but there are plenty of benefits to this. If the tenants good, will stay on steady normal rent increases and likes the area, I say there are a lot of benefits to doing it right and saying no is somewhat obtuse.

Post: stock market stupid prices?

Jonathan W.Posted
  • Los Angeles, CA
  • Posts 512
  • Votes 301

"do you get upset at craps table when people bet on the don'ts? ha always a hot table just depends how you play :)"

Nope...lol, in fact i'm use to calming people down when they do get upset.

Post: stock market stupid prices?

Jonathan W.Posted
  • Los Angeles, CA
  • Posts 512
  • Votes 301

@Kirk R. If you think so then good luck and short the stock. Prices speak volume, I think you should pay more attention.

Companies that lost millions of customers from all this or are going to lose customers from all this, are still project to be way higher then the number of customers then had 2008 before or after the recession. That and along with 12-13 years of other developments here you come along saying the stock should be 40$.

Ok buddy.

Some people say the stock market is gambling. Well then your gambling on people’s efforts and hard work and results from all that compared to the expectations of the market and others to me, isn’t really gambling. But the way you see it, man come visit me in Vegas, i like to watch people gamble like cray cray

Post: Newbie: Self-manage or Property manager?

Jonathan W.Posted
  • Los Angeles, CA
  • Posts 512
  • Votes 301

@April Littleton you are starting with a Duplex? You are not biting off more then you can chew. In fact, that is a fantastic way to start! Reading the law, reading parts of the IRC or anything additional when it comes to safety in homes and screening your tenants like a proud my opinion is the most important focus. Yes you want to deliver a product for rent and keep the books organized but tenants from hell and lawsuits are the first things you want to avoid :)

Good luck!