All Forum Posts by: Michelle Harrington

Thank you @Joe Jackson, Jr & @Patricia Steiner. I appreciate your response. 

More success to us!👌

I want to buy this duplex and found out that the 2 current tenants just signed a new lease for a way lower rent than the market that will expire next year July 2022. My question is, once I buy the duplex, as a new owner, can I change their rent price? I'm thinking of increasing according to median rent range and this will help me get a decent return.

All I can say is @Wayne Brooks is right:)

@Devin Collins. Honestly, Im not fond of reading. But I listen to a lot of podcasts and I join a lot of webinars. I find myself learning more by listening and actually hearing other investors experiences.

I would think its a good idea to continue to educate yourself. Listen to different strategies of other investors on how they bought their rental properties. You'll be surprise! There's a lot of different unique ways. Biggerpockets podcasts is a good source. You'll learn a lot. You need to figure out where you want to focus on, do you want to buy and hold SFH, multifamily, commercial, or flip? and which market or area? Learn more about that market. By doing that, you would know how much money you need for the down payment.

Continue networking and pursue to get your realestate license! That will help you in many ways! 

Hope this helps... Goodluck!

Hi @Jefferey Scullark

Try this Lender. He responds fast!

Pierce Burton - Nations Lending

Yay!! Welcome Tachica! Im kinda new too... moving forward slowly but surely!;)) 

@Brian Larson

You are right. Me and my husband bought our house here in San Jose, CA in 2016. We added an ADU in our backyard. Renting it out for $1500/mo! Our plan in the future is to buy another house, move to that new house and completely rent this whole house with the ADU. I'm imagining that it should cash flow nicely on us!

@Brian Larson

You are right. Me and my husband bought our house here in San Jose, CA in 2016. We added an ADU in our backyard. Renting it out for $1500/mo! Our plan in the future is to buy another house, move to that new house and completely rent this whole house with the ADU. I'm imagining that it should cash flow nicely on us!

I love that @Michael Plante! Plain and honest! Hey, you want what's better for you and your business! I would do that! Communicate is the key!