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All Forum Posts by: Keith Weigand

Keith Weigand has started 4 posts and replied 158 times.

Post: A homicide occured in my unit

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58

As a former detective, you will have to wait until the police conclude their investigation. Shouldn't take too long especially if they have a suspect in custody already. If it's still unsolved, it may take a bit longer but still not too long. Also depends on the nature of the homicide. Regardless, depending on the police departments sophistication, they will examine everything inch of the unit before release it back to you/tenant.

Post: new to rental property but i don't think I'm doing to bad

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58

Sounds like your on a role. Keep up the good work. 

Post: Launching apartment search map for the first time

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58

There is a lot to a new SaaS project like this. I am a developer and have built and sold 2 software companies. I am currently creating a new application for real estate now. To start, do your market research. Are you meeting an unmet need or just creating a nicer mouse trap. There is so much to consider then a post can cover. If you decide to move forward, you need some experienced developers and project manager on board. From design to coding and all the business rules and logic in between. You need a good cost analysis as well as part of your initial steps.  

Post: Need advice on how to proceed with property

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58

The answer depends on your personal goals. My 2 cents, option 2. Keep the house, avoid taxes and enjoy the cash flow. 

Post: FINISHED! Spec, New Construction Capo Beach.

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58

Sorry to hear about the loss of your husband @Karen Margrave. The house looks fantastic. You must be a strong person to persist through this loss. Great Job and God Bless.

Post: Accidental $291k cashout refinance... Biggest BRRRR Deal yet!

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58

Fantastic Job @David Zheng. Great to hear success stories

Post: No family support, only negative comments. What to do?

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58

all the comments above are excellent points. The one scenario left out is a spouse. What do you do when you are moving ahead with REI education but the spouse doesn't and is negative with every discussion of an investment opportunity? Tough situation. I for one don't need validation from anyone. If I could just be left alone with investing, that would be fine (although a prefer my spouse to be a partner) Let's face it, it's always good to have someone to bounce ideas around. But since REI usually involves shared capital as well as credit and risk, how do you move forward? I plan to have a sit down, no distraction conversation with my spouse soon. Although I will be very open, bottom line is, Get in the game or step aside and trust me. No more Monday night quarter backing. Start with small deals to build your spouses confidence in REI and you. I'll let you know if I can still see out of both eyes after our sit down.

Post: First Flip at 21! Before and After Pics!

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58

Wow great job @Angelica Osusky Looks awesome. Here's to a quick sale.

Post: 819 score and can't get a good mortgage loan

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58
Jim Adrian same question as Jim. If it's a 2nd home, they rely on your current income to pay for the mortgage. If you purchase as investment property, you probably can show the signed leases as additional income to cover the mortgage. I have a "2nd home" in Clearwater but I rent it to my mom.

Post: Post card mailings

Keith WeigandPosted
  • Rental Property Investor
  • Cleveland, TN
  • Posts 176
  • Votes 58

@Justin Silverio I just realized your company after I hit the send. I'm reviewing your site now.