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All Forum Posts by: Benjamin Timmins

Benjamin Timmins has started 10 posts and replied 137 times.

One of the most basic functions on most forums...

But Ill take it in stride lol

Can be confusing tracking topics when they are all set to 3 hours earlier than my time.

Post: Newbie First deal - Soliciting opnions and advice

Benjamin TimminsPosted
  • Real Estate Investor
  • Troy, MI
  • Posts 139
  • Votes 23

Definitely. Especially when your talking about that kind of money.

Post: MLS vs Zillow & KPIs

Benjamin TimminsPosted
  • Real Estate Investor
  • Troy, MI
  • Posts 139
  • Votes 23

I find on Zillow, a lot of the time theres info there that isn't on places like realtor.com. Especially on multiple units. Realtor almost never states what the units rents are. Often times its listed on Zillow. I don't bother with the zestimate and other nonsense, I can tell what a property is worth by looking at it and comparing it to other properties nearby.

Post: Single Member LLC's

Benjamin TimminsPosted
  • Real Estate Investor
  • Troy, MI
  • Posts 139
  • Votes 23
Originally posted by @Bryan Kipke:

Great question I am wondering the same thing. If I am the CEO and my wife is the COO and we go to Hawaii and have a meeting is this considered a travel expense? I know it is extreme but what the heck I should take advantage if it is given to me right?

 Why not? Federal entities do it all the time. And make us pay for it.

Post: Need help!! Residential or Commercial

Benjamin TimminsPosted
  • Real Estate Investor
  • Troy, MI
  • Posts 139
  • Votes 23

If you go the equity route, make sure its a good deal or you could end up losing everything.

Post: Realtor.com down for over 2 days now. Next best place to look?

Benjamin TimminsPosted
  • Real Estate Investor
  • Troy, MI
  • Posts 139
  • Votes 23

Trulia and zillow are not a solution. They have maybe a 1/3 of the listings in the areas im looking for. Any Ideas?

Post: First Deal Review Please

Benjamin TimminsPosted
  • Real Estate Investor
  • Troy, MI
  • Posts 139
  • Votes 23
Originally posted by @Matt Spitsbergen:

Yeah, I thought about pursuing the boarded up property as well.

Also, it was the only one I saw, I did pass a fairly new Habitat for Humanity house on the same road. Like I said, a mixture of decent houses and not so decent

 Guess it's all what your looking for. You will definitely have to screen tenants hard. Not just use the sceening services, but do your own digging as well. Contrary to popular belief, screening services miss a ton. Theres no national database that they can get access to. NCIC is only available to law enforcement, and even cops cant look up people on it without a reason. My brothers a prosecutor down in florida. Asked him to look me up in it for kicks. Said he would get fired if he did it, and had actually had colleagues that had gotten fired for it.

Post: First Deal Review Please

Benjamin TimminsPosted
  • Real Estate Investor
  • Troy, MI
  • Posts 139
  • Votes 23
Originally posted by @Robert Zavertnik:

@Benjamin Timmins Don't get me wrong, I agree with you.  I'm just saying it's a fools errand for a beginning investor to try and redevelop an entire community.  By saying it's the government's job to revitalize the area I mean they must attract business, control crime, and stimulate growth. 

 Totally agree.

Post: First Deal Review Please

Benjamin TimminsPosted
  • Real Estate Investor
  • Troy, MI
  • Posts 139
  • Votes 23

@Robert Zavertnik Uh yeah, It aint the governments job to revitalize neighborhoods. Thats the problem with the world today, everyone thinks its the governments job.