All Forum Posts by: Jakub Bednarz

thank you very much @Gerry Rae, I will try that out.

@Bradley Shive Welcome to the community! Let's connect and talk. 

If you want to rent out quickly list around a $50-100 below prices on HAR. Check craigslist as well, as it gives you a great idea or rental prices for an area. It also depends what your situation is. If you can make money listing the home at below HAR prices, then that is better than not making money. You can increase rent at the lease renewal. Make sure you don't lock yourself into a long term (2 or 3 yr) lease. Hope this helps

Welcome @Jon Martinez ! 

There are a lot or resources on this website, and also great books offered that can help you kick start your adventure in REI. Also you can make contacts that are in your area through biggerpocket.com/meet . Wish you all the best!

Welcome @Dustin Hughes! I am just like you ready to get into another gear! If you ever want to talk or bounce ideas, lets get together! What type of investments are you looking to get into? 

What do you guys do going into a conventional loan? Do you obtain a mortgage and supplement it with en escrow account or do you pay property taxes and insurance yourself? 

Usually banks want to give you a bit better deal, if the mortgage is together with an escrow, and at the same time that is one thing less to worry about.

On the other hand, I feel like one can have a better grasp on the investment making his own payments. 

What do you guys do? 

Thanks in advance

@Sean Xin thanks for that info! Where on HAR do you usually find it?

@Louis A. thank you for this tip

@Rick S.undefined Thanks! I suppose I need to find out who are the utility providers my tenant is using and then go from there.

@Justin Fox I don't quite understand what you mean by keeping reserves? Is it in your monthly expanses you keep a percentage out for the utilities expanse while property is vacated?

Dear community,

how do you guys handle the utilities during vacancy? Do you ask your last tenant to keep their accounts active (if they paid their own utilities) and then reimburse them upon new tenant moving, or do utility companies have specials where they don't charge you their regular fees for new accounts. Please let me know how you handle this.