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All Forum Posts by: Marcus Riddick

Marcus Riddick has started 4 posts and replied 11 times.

Post: Home Warranty on Rental Property

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

I wanted to ask other owners if they purchase home warranties on their rentals.  Is it worth it or is it just an unnecessary expense?

Post: Has anyone invested through Roofstock.com?

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

@Rex Celle Nevermind I found their estimate section for expenses!

Post: Has anyone invested through Roofstock.com?

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

@Rex Celle Did you use their numbers to do your analysis or did you come up with your own to do your analysis?  I am trying to find where they estimate operating expenses on each property.

Post: Has anyone invested through Roofstock.com?

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

@James Wise Thanks for the info!  I planned on doing exactly that in regards to PM on any property that I decided to purchase through them.

Post: Has anyone invested through Roofstock.com?

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

@Rex Celle Thanks Rex! There is always that initial fear of doing something non traditional. I think the concept of Roofstock is awesome. Being able to tap into other markets outside of my own is something that I really want to do.

Post: Has anyone invested through Roofstock.com?

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

Hi BP Investors!

I wanted to see if any members have gone through Roofstock to buy and hold for cash flow properties. The main questions I have are 1. How was the process and current experience of buying and holding through them? 2. Are the numbers they advertise on their property listings close to being accurate? 3. Would you buy through them again if you have? I am looking for some turnkey options out of my market (Northern Virginia) because it is just too expensive for me to invest here outside of the one rental I own here. Any and all feedback is greatly appreciated!

Post: Fire lit in this new investor!

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

@Aaron Hale Thanks Aaron!

Post: Fire lit in this new investor!

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

@Bob Razler Thanks Bob!

Post: Fire lit in this new investor!

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

@Brian Gerlach Thanks Brian! 💪💪

Post: Fire lit in this new investor!

Marcus RiddickPosted
  • New to Real Estate
  • Haymarket, Va
  • Posts 11
  • Votes 5

Hi everyone! I am new to Bigger Pockets, but have come across the site and a few of the forums while on my path to get educated on real estate investing. I currently own 2 properties, both are single family homes. I converted one from my family's primary residence to a rental and purchased the second to be our primary. So far the rental as been a success and has encouraged me to invest in more buy/hold cash flow properties. I look forward to networking and learning on Bigger Pockets! I joined as a Pro member because I want as much exposure and information that the site has to offer! The fire has been lit, to meet my goals, answer my Why's, and put my plan into action!