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All Forum Posts by: Katie Southard

Katie Southard has started 4 posts and replied 30 times.

@Katie Southard I think the specific challenge is finding the property management you can trust if choosing prop management. And realtors 

Looking specifically at this right now. We are in Denver. I have my eye on a couple markets.

Post: what should I do with 150k cash

Katie SouthardPosted
  • Posts 30
  • Votes 9

Especially with needing cash flow. You need it to cash flow for the next 12 months? Or do you need it to grow for 12 months? I would take out what you need for the next 12 months and let the rest grow in a savings account

Post: what should I do with 150k cash

Katie SouthardPosted
  • Posts 30
  • Votes 9

@Nicholas L. Agree, short timeframe means low risk tolerance because you are going to need it soon. I think we make something like 4% or so on our ally savings account and that might be OPs best bet.

My plumbers insight:

"It sounds fishy to me to be honest 

He should call the city and have them assess the city tap. Sounds like they never did a camera inspection. They just keep snaking it every time there is an issue. A sewer line doesn’t just clog. 8/10 times it’s because there’s an issue either a belly a broken pipe or an offset. The other 2/10 is a foreign object in the drain or someone really really flushed a massive **** ton of toilet paper."

Interesting transition. I'm in the marketing field and wish I would have done construction. I work in engagement marketing and deal with construction tradesmen all day, usually more custom type tradespersons with a lot of care and concern for their own work, which may glamorize it more than I realize. I work for a building materials company now and took their online game from Zero to very engaged in the past few years and it's been really fun. I just wish I was doing it for my own business. I've always wondered if I could transfer to construction management. What do you think? I've always wondered. Also about being an agent. I know enough about a lot of things to be dangerous, but lack detailed expertise and certifications.

I will say that I was extremely disappointed with my last realtors lack of construction knowledge so you will have a leg up there for sure, and you should play up that as a selling point

This is an interesting situation. I do engagement marketing in a trades focused field lending me to having very good relationships with tradespeople whom I consider friends- and I trust thoroughly. I will ask my most trusted plumber. What does yours say? 

@Jules Aton it never ceases to amaze me what tenants will do because it's not their own house