All Forum Posts by: Kori Kelly

 The interest rate is at 3.5 and I guess I was thinking if I paid it off it would get me closer to my goal of replacing my job with cash flow from rentals but once I looked at the numbers last night it will only increase my cash flow by 200 if I pay off the mortgage. So I guess I will pay off some debt and find another rental.

I’m selling my renta l and i should receive about 55k profit. I wanted to pay off one of my rentals that I only owe 30k on to increase cash flow. Then pay off some debt to make me more bankable for a heloc. Is that a good strategy or should I use the money to buy another rental? Or something else all together? 

Have a lot more work to do to raise rents wants I close. Need the right pm to help a out of stAte investor @Kristopher Kyzar

Thank you @Kristopher Kyzar it’s on 28th st. It looks like a decent area it’s across the street from a community center with a pool and slide. However, my instincts are telling me it’s kind of hood over there.

Just bought a duplex in Newport News Va. Anybody know much about the area?

Anybody know of any good property management?

I’m buying a duplex from a seller that was also the property manager. Should I continue to use them as property management or is that a conflict of interest?

Do you think they will be looking out for my best interest 

my family member wants to invest in my next deal but she only wants to give me 30k. its not enough to give them first lien. this is there first time investing. how do i make them feel secure and how would i structure the deal.. should i just make them an equity partner?

He was asking 300k I think I can get him down to 250k. He also said there is room to build more double wides on the land. Is it still a bad deal?

I came across an off market small trailer park the other day. Found the owners number and talked with him briefly. Its 5 trailers 5 separate septic tanks and all homes are occupied. He makes 3000 a month off rentals and it sits on 3 acres of land. He is asking 300k. How do I put a deal like this together. I am Still a rookie at best. I have 2 rental properties under my belt and I think this would be a great transition

This is my 2nd rental property and after reading all the books and listening to all the podcast i made the mistake of not getting a quote for my rental property ahead of time. i talk to nationwide and there 10x more then what zillow said.

Does anyone know of an insurance company that i can use that wont kill my cash flow?

thanks