All Forum Posts by: Jules Aton

I've had habitually late tenants who were otherwise fine. Sometimes I didn't even charge the late fee when I knew it was someone who was struggling. Other times like @Scott Mac said I was fine taking the late fee which was $50-$75.

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Wilkes Barre Scranton, Pennsylvania

I agree renting is often a smart choice especially short term while finding your way in a new area. My litmus test outside a significant positive cash flow is "would I purchase this property today as a rental?" and if no there is my answer.

1 Vote

Charlotte, North Carolina

Quote from @Sunny Burns:

Quote from @Jules Aton:

Congratulations! No to be doom and gloom but as great as this sounds having at least one of you working part-time for extra income, health and retirement benefits would probably go a long way toward sustainability. When you are young you can pivot easily but as you get older with no recent work experience it may be more difficult.

Insurance from HealthCare.Gov looks to be the same or just 25% more than I am currently paying so not too concerned about healthcare.

I've looked into them in the past and agree with price difference being minimal so hopefully those programs continue. I'm guessing at this point they would have to? IDK but health insurance is one of the main reasons I'm keeping a W2 gig until Medicare or 18mos prior to utilize COBRA. Again as you age these things become more important as everyone is healthy until they aren't.

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Jersey City, New Jersey

I tend to strive for quality over quantity with most things in my live. Not that there isn't money to be made in RE by playing the numbers game but the amount of work and hassles increase exponentially in my opinion.

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Quote from @Andrew Steffens:

Personally I do not have any at the properties I own. We do allow owners for whom we manage to have them on exterior only, and not in backyards (we consider that a private area, and a lot of our houses have pools and hot tubs). I would say most have either Ring, Eufy, or Nest.

I am not super tech-y but just a word of advice for ease of use it whichever you decide, if you stick to a family of products you can likely control them from one app. If you have google nest thermostat a Ring doorbell cam, and Eufy floodlight cams then you will end up with 3 different apps.

Great point about staying within same family of products to limit the number of apps and hopefully the learning curve too.

1 Vote

Quote from @Collin Hays:

Ring. But I wouldn’t put one on a rental.

Thank you, why? This is for a STR.

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I searched and didn't find much so thought I'd ask again. What is your favorite for front entry monitoring? I'd like something fairly inexpensive, reliable and not overly complicated from a tech standpoint. Thanks in advance!

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Welcome and congratulations on your upcoming baby!

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Minneapolis, Minnesota

I tend toward HYSA, T-bills, CDs for funds I will need in 2-3 years. Anything longer than that goes into TSM index fund.

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All Forum Posts by: Jules Aton

Jules Aton has started 8 posts and replied 203 times.

Post: I am looking forward to connecting

Post: Dealing with habitually late tenant

Post: Moving out of state, to sell or to rent out

Post: Retired at 34 with 5 Kids Thanks to 3 House Hacks—Here’s How I Left My $147K Job

Post: Margin or Volume??

Post: Doorbell Outside Camera Recs

Post: Doorbell Outside Camera Recs

Post: Doorbell Outside Camera Recs

Post: Setting the wheels in motion

Post: Hysa Or Stocks