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All Forum Posts by: Kenneth Hynes

Kenneth Hynes has started 29 posts and replied 326 times.

Post: Getting started with buying

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

@Jenn Tran

Welcome to BP. Linda and Nabil provided excellent advice. Before you take the plunge , I would recommend trying to get as much education as possible , either through local REIAs, BP, and REI books. Brandon Turner put together a list of about 20 books every REI should read which I think is a great start

SO why are you getting into REI ? Additional cash flow? appreciation ? and Why did you focus on those markets.. Good areas but bit on the expensive side, especially Boulder , Seattle and Austin .

ken

Post: NEED ADVICE! Tenants breaking lease 2 days before move in

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

@James Wagner

Some excellent advice  from Robert and Sue on how to handle the security deposit and tenants.  I would second the idea that you are not getting good service from your PM.  They should be on top off what happens when tenants breaks the lease, tenants rights and LL rights and already explained that to you.  

Post: Huge RE Networking Summit! SF Bay 8/27 & 8/28/16 - 20 BP Greats!

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

Just finished my registration and makin g travel plans now .  looking forward to hearing the lineup of speakers

  One speaker / area I did not see was dealing with Tax issues.  Think Amanda Han or a similar SME would be a great resource

Post: #29 rental was purchased today

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

@George P.

Congrats .  seems like you have plan and are putting in the work .  When you said "bank loves me"  have you been using same lender for majority of your properties.  No issues with going above 4/10 limit ? 

Post: BRRR strategy and cash Investment more than trippled in value!

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

@Angela Henderson

Great job. :) How did you find the deals? Broker ? MLS ?

I would also recommend Brandon's webinar on No and Low money down financing options, so you can get multiple BRR opportunities happening at the same time

Post: Total Newbie in VA, ready to learn!

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

Welcome @Annette Cudnohufsky

Brett has a good tip aove .  THE UBG has lots of good info. 

BP is a great resource. Full of great tips and reads. One tip that I picked up here is while you are starting out and saving money for your investments, start driving / visiting areas you would like to invest in so you get a feel for prices, rents , house conditions etc, and visit and look at lots of homes and open houses so your eye get used to looking at repairs / upgrades that are normal in a particular market. I really dont think you can look at too many properties, and the more you look, the more knowledge you will gain for that market

good luck to you

Post: Need to retire early!!

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

Welcome to BP @Kimberly Regnier

Michael has some good advice.  I would also check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 170 past ones to catch up on.  they cover a wide variety of topics including some of those you listed

Post: Investor Hustling Portland, Oregon and Loving It!

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

Welcome @Alissa Jenkins

Seems like you are already off to a solid start.  BP is a great resource

One resource I like is the  free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 170 past ones to catch up on.

Post: New member relocating to SE Florida

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

Welcome @Paul White

BP is a great resource. Full of great tips and reads. One tip that I picked up here is while you are starting out building your portfolio , start driving / visiting areas you would like to invest in so you get a feel for prices, rents , house conditions etc, and visit and look at lots of homes and open houses so your eye get used to looking at repairs / upgrades that are normal in a particular market. I really dont think you can look at too many properties, and the more you look, the more knowledge you will gain for that market

Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 170 past ones to catch up on.

Post: Newbie from Olympia, WA

Kenneth Hynes
Posted
  • Rental Property Investor
  • Easton, PA
  • Posts 357
  • Votes 92

Welcome @Naomi Pinger    fellow investor in your area , but most of mine invstmetns are out f state right now.  

Hope you can make a BP meetup soon,  They are listed on Meetup and happen in hte Lakewood area

ken