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All Forum Posts by: Michael Montana

Michael Montana has started 3 posts and replied 21 times.

Post: What Investment Strategy did you Start With?

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8

@Chase Yokoyama We sacrificed faster growth bc we found a house we loved in an area we wanted to raise a family...therefore we skipped house back and just went with a property that was practically turn key. Long term hold...cash flowing $200+ a month.

Post: Fear of not renting?

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8
Originally posted by @Aigo Pyles:

Know the area. 

novel idea

Post: Should I allow my tenants to have cats?

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8

I'm inheriting a tenant that just recently broke the lease by bringing in a puppy and a kitten. Trying to figure out how much to charge...monthly or a deposit...or both.

Post: A question for all levels

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8

IMO, have your personal finances right. Be disciplined in your saving and spending. Budget.

Post: Fear of not renting?

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8

@Jordan Harrill nice man, congrats

Post: Fear of not renting?

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8

@Jon Kelly I posted a listing about possible opening in my area in a Facebook group and 30 min later was flooded with messages. I’m sure screening would weed a lot of them out; however, felt reassuring to see such a response. Thanks for the suggestion.

Post: Fear of not renting?

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8

@Jon Kelly interesting. I like the idea of a test post.

Post: Fear of not renting?

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8

@Dennis Wayne true, true

Post: Fear of not renting?

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8

@AJ H. Good points on the time of year.

Post: Fear of not renting?

Michael MontanaPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 21
  • Votes 8

How did you all get past the fear of not being able to rent out your SFH and it sitting vacant for months? Trust the research and just jump in?