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All Forum Posts by: Kerry Baird

Kerry Baird has started 28 posts and replied 3600 times.

Post: BEWARE using Owner Financing on selling a Mobile Home

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

That stinks.  Hard to imagine she had the mobile home demolished…! 

When I was younger I sold a condo with a lease option, but didn’t do it correctly; I had to evict and foreclose.  

Post: BOI (Beneficial Owner Information) Latest Update

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

Thank you for posting.  I’ve not filed yet and need to.

Post: Appreciation: ATL home prices

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

So, that specific area isn’t in a high-growth stage.  You have to sell to realize your gains, and will lose on the transaction at this time.  The properties are rented and the debt is reducing via tenant rents.  You have tax benefits through depreciation and you are gaining experience via property management.  Raise your rents annually.  Hold steady.  

Post: What A Pro Looks For In A *Residential* SubTo Purchase

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

Yes!  This is a super boring, super amazing solving-people’s-problems path! 

Post: On the verge!

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

Welcome to BP~ 

I want to encourage you to look in your local area.  Ride your bike and talk with people you see.  Get in front of tired landlords, who may offer you a hand up.  I have gotten seller financing from this exact set of steps, which may enable you to find a seller-financed property.  In order to find something, one must look for something.  :D

Post: Unlock Hidden Potential: How Renovation Loans Like 203(k) and HomeStyle Can Help You

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

Tell us more about these loan programs~

Post: Maximizing Tax Benefits: The Hidden Home Office Deduction for Landlords 🏠💼

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

Great topic, which is made better with examples.  Thank you!

Post: A Journey of Growth and Wealth, One Brick at a Time

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

Nice!  I look forward to seeing how you encourage others to likewise grow.  

Post: Avoid foreclosure rescue schemes at all costs - here is what to look for

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

I think it is best for me in my situation to use an all cash offer, and I don't rent back to distressed sellers.  

Post: STR/Vacation property financing

Kerry Baird
Posted
  • Rental Property Investor
  • Melbourne, FL
  • Posts 3,747
  • Votes 2,585

I used Tim Hero as broker on my last STR purchase in the Space Coast of Florida. @Timothy Hero