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All Forum Posts by: Kyle Godbout

Kyle Godbout has started 36 posts and replied 353 times.

Post: To Evict or not?

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184

nice! I didn't realize he was on a month to month. This will be much easier for you. He may throw a fit, but the law is on your side. Good luck!

Post: To Evict or not?

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184
Evict! You can't accept rent unless all of it is there, including the late fees and send him the notice. You should do this every month, before the usual two weeks late payment is made. You need to put your firm foot down with this guy. Also, I would make sure to communicate a little via email or text, so you can have some physical evidence of his behavior. Evictions are not extremely expensive, and the outcome will be worth more than what you spend on it.

Post: Should I file for bankruptcy?

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184
Hi there. Definitely pay it off! Even if you work part time to pay the minimum monthly payment until you have a better job or more income, and pay it in time each month, you will have good credit once it's paid off. This is coming from somebody who was in credit card debt since 18 years old. I finally paid everything off when I was 24. I was never late and at least paid the minimum monthly payment that whole time. And afterwords, I had great credit. Just cut up your credit cards! Plus, keeping the same credit card account for many years adds a lot to credit scores too.

Post: Newbie from Omaha, NE

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184
Hello Gayathri Acharya Kallakuri ! Welcome to BP! I'm also in Omaha and am getting into buy and holds, probably in January. This site is amazing and if you ever have any questions, you can usually find the answers here or simply ask a question in the forum. If you ever want to grab a cup of coffee and talk about real estate, I'm always around. Good luck!

Post: New member from Nebraska.

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184
Welcome Michael Murray II I am also proud to call Nebraska home. I reside and invest in Omaha. This website is an enormously informative source and you can find great answers to almost any real estate investing question you may have. Good luck in this exciting industry!

Post: new member from omaha, nebraska

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184
Hi there! I'm also in Omaha and starting to expand my real estate portfolio. I have found the podcasts to be super informative, and also inspiring. It's great to hear what successful investors have done and their different methods. If you ever want to meet up and discuss our local market, let me know. Good luck!

Post: What would you do with $50,000?

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184

I will be investing in Omaha, to start with. I have some rentals here and am comfortable with this area. I may go into some surrounding areas too, depending on the opportunities that may come up. 

Post: What would you do with $50,000?

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184
Sorry. I'm not so good at typing on my phone. I am going to be doing buy and hold instead of flipping.

Post: What would you do with $50,000?

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184
I meant buy and holds:)

Post: What would you do with $50,000?

Kyle Godbout
Posted
  • Investor
  • Omaha, NE
  • Posts 366
  • Votes 184
Haha. Well, I'm going to be trying a similar method, but without and holds instead. Good luck!