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All Forum Posts by: Mark Laczynski

Mark Laczynski has started 3 posts and replied 10 times.

Post: BP + RentRedi Partnership Sign Up

Mark LaczynskiPosted
  • Posts 10
  • Votes 4

I messaged @Nate Slappey III

I'll hold off on emailing BP support, since I don't want to open 2 different channels to track this.

Post: BP + RentRedi Partnership Sign Up

Mark LaczynskiPosted
  • Posts 10
  • Votes 4

Has anyone been able to sign up for RentRedi? I just got a message from their support telling me that they "cannot process payments on your behalf. We apologize for the inconvenience, but must part ways."

Glad to hear Venmo works well. I found out Zelle has limits on how much you can transfer. Has anyone run into limits with Venmo by any chance?

Welcome @Ally Coghlan 

FYI there are meetups you can find in NNJ if you search the board a bit. That maybe a good way to network here.

@Janice Reaves Morristown is accessible via public transport, but when I looked it was 1.5+ hours from Hackensack (and even my location). Maybe we start our own meetup.

I'm a maybe, I gotta figure out how to get to Morristown. 

Would a meet up in the future be possible further north (Secaucus or JC area)?

Post: Potential First Investment Property

Mark LaczynskiPosted
  • Posts 10
  • Votes 4

Thanks for the input @Nathan Gesner and @Chris Seveney

Post: Potential First Investment Property

Mark LaczynskiPosted
  • Posts 10
  • Votes 4

I looked at a property today that I would be happy to put an offer out. Two questions are coming to mind before pulling such a trigger.

1) The basement is unfinished, I'm curious if there is any reason someone could not finish a basement that would include a bathroom & kitchen. Is there something I should check for myself? (The property currently is a multi family top-bottom situation)

2) Should I have a contractor look at the basement before putting my offer in or is there another time in the buying process I can bring them in?

Looking forward to your insights.

This is a great question, since I'm in a similar spot. I'm currently looking for properties to house hack and can't make numbers work for cash flow on anything I see. With that said, what are reasonable expectations in this real estate game? I was under the impression that you could cash flow with house hacking. Is it a game of patience to eventually come upon what I'm looking for? Curious what the experienced investors perspective is one this. 

Post: First time investor market location

Mark LaczynskiPosted
  • Posts 10
  • Votes 4

My situation is that I'm starting out and am leaning toward buying properties in the area I live because it's just convenient and feels like a natural place to start and I like the area. But I want to ask the community if there is any case for starting in a location further away like out of state? Is out of state more of a down-the-line strategy?