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All Forum Posts by: Mitch Hankins

Mitch Hankins has started 3 posts and replied 6 times.

Hi BP,

Can anyone refer me to a local Tampa real estate agent they have worked with who is responsive and eager to get deals done?

I am familiar with the area and analysis etc. so an agent that can quickly obtain info from the seller and promptly submit offers is of most importance to me.

Thank you!

Hi All,

I am under contract for my first property (duplex, house hack) and got a special roof inspection done since the roof is high up and the regular inspector wouldn't get up there. Tomorrow is the main inspection.

The great news is that the roof is brand new (3 months to 1 year), metal, and in virtually new condition.

However, according to the report a small section "is a metal roof with a rolled roof over top and should be replaced in the future." I spoke to the roofer since this sounded ambiguous and he said that essentially there was no evidence of leaks but that the section wasn't done properly and should be redone. 

* Could this cause trouble with my lender? (VA financing)

* Should I expect the seller to reduce the listing price by the quoted amount? ($5,405.00)

Thank you

Thanks all! I've reached out to some of you through private messages.

Originally posted by @Griffin Schermer:

You will see higher cash flow in the midwest.

 Hey Griffin, I’ve been considering Cincinnati and St. Louis, do you have any guidelines you’d recommend such as aiming for a larger city?

Originally posted by @Simone G.:

@Mitch Hankins scope Douglas Spence on here. 

Thanks! I don’t think I can “tag” Doug here though. 

Hi All,

This is my first post so forgive me if I’m breaking any etiquette. 

I just finished reading how to invest in real estate along with a dozen or so other books and although my strategy is clear I’m having difficulty making it work. 

My goal: use my VA loan to find a cashflow positive 4-plex with 0 down (OPM).

I started my search locally, in San Diego and have learned since I won’t find what I’m looking for here. I’m comfortable moving out of state so I’ve visited and expanded my search to Tampa but even there I’m having trouble finding positive cash flow. 

What parts of the country would be good to look at? My strategy is to hopefully refinance after a year and move on to the next deal (buy and hold). 

Thank you,

Mitch