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All Forum Posts by: Matt Tomes

Matt Tomes has started 4 posts and replied 7 times.

Post: Looking for some deals!

Matt Tomes
Pro Member
Posted
  • Davenport, IA
  • Posts 7
  • Votes 1

Hi, just reaching out to see if there are any off market deals in the Quad City area? Looking for SFR or duplex. Also, any Quad City meet ups going on?

Post: Rent by the Room in the Quad Cities Area

Matt Tomes
Pro Member
Posted
  • Davenport, IA
  • Posts 7
  • Votes 1

Does anyone do rent by the room in the quad cities area, specifically Rock Island? Just looked at an older home that would make pretty good cash flow if I rent by the room. I’m considering making an offer, but will need to close quick so I can get in, renovate, and get rooms rented before the college semester starts back up in the fall. Thoughts? Issues with rent by the room?

Post: Quad Cities REI Meeting

Matt Tomes
Pro Member
Posted
  • Davenport, IA
  • Posts 7
  • Votes 1
I can make this months meeting, I’m in Ft McCoy with my Army Reserve unit for the month. Please keep me posted when the next meet up will be!

Post: Reviving Quad Cities Meet-ups

Matt Tomes
Pro Member
Posted
  • Davenport, IA
  • Posts 7
  • Votes 1
I’m also interested!

Post: Will a busy street deter renters?

Matt Tomes
Pro Member
Posted
  • Davenport, IA
  • Posts 7
  • Votes 1

Thanks Dave

Post: Will a busy street deter renters?

Matt Tomes
Pro Member
Posted
  • Davenport, IA
  • Posts 7
  • Votes 1
I am looking at making my first rental property purchase. It’s a nice SF 3 bed, 1.5 bath, great school district and fenced back yard. The house over all is in good shape and needs little repairs. My question is that it is on a busy road and how badly will that deter renters?

Post: Newbie from Davenport, IA

Matt Tomes
Pro Member
Posted
  • Davenport, IA
  • Posts 7
  • Votes 1

My name is Matt and I'm a newbie from Davenport, IA. I have a wonder wife and beautiful two year old daughter who is a hand full! I work full time as a Foreman for a National Cemetery and I'm also in the Army Reserves. I have been in the Army Reserves for 18 years and been deployed to the Middle East three times. That brings me to why I'm interested in real estate. In about three years I plan on retiring from the Reserves (I will still keep my full time job) and want a way to supplement that monthly income. So rental property seems to be the way I want to go. It took a little convincing to get my wife on board, but after having her listen to a few Bigger Pockets Podcast, she's excited to get started on this journey too! We're both still brand new to this, reading books and listening to podcasts, just trying to soak up as much info as we can. We are interested in Multifamily and trying the BRRRR strategy.