All Forum Posts by: Michelle Bright

Hi! I third the above but would like to add that you may be able to find a REALTOR that would go through the paper work process for a small flat fee. Ask the agent you used for your first deal. If she's a good agent she'll help you for a reasonable fee and give you guidance. Since you're an investor and will continue to buy property hopefully she wants you as a client for the long run! May cost you $500 or less.

Hey Fort Wayne. I have a quick contractor recommendation. Got a quote the other day for putting in a 5X5 area of subfloor, linoleum and replacing the toilet (I already have all the materials) for $1,600!! I though the bid was insane so of course I continued to shop around. I mean I know I'm a woman but I'm not an idiot. I honestly knew that it wouldn't take days (as stated by the contractor) and should really cost much less. So I instead started shopping for someone to just put the subfloor in. Everything else I could do myself. Springfield Restoration to the rescue. Eric a nice gentleman completed the subfloor installation just under 2 hours for...drum roll...$150!

I highly recommend them after a great experience and will use them again in the future for projects I feel I can't tackle myself. 

Springfield Restoration - http://www.springfieldrestoration.com

Thanks everyone!!

Thanks@Scott Trench for the book! Loved your interview on "Stacking Benjamins". I've already read your book twice! We have been house hacking since last November and it has changed our financial future more than I could even of imagined. House hacking has allowed us to follow Dave Ramsey's snow ball approach to becoming debt free with a vengeance. Thanks for inspiring other millennials like us to reach for financial freedom!

Hey Fort Wayne BPers!! Can anyone recommend an insurance company for a 4 plex? My personal insurance company won't insure the 4 plex since it was once a SFH. Found that to be interesting. I would love some recommendations.

Thank you in advance!

Financial freedom for my husband and I. 

I don't need to be rich but I want to be able to live my life on my terms. We live far away now from all of my family and a lot of our friends. A large driving factor of my desire for this freedom is so that I can go home to see my parents, siblings, nieces, nephews, grandmother, cousins, other family members and my best friends whenever I want to. 

Of course we want to travel and see the world. 

I want to relax yes, I said relax. I want to embrace the stillness and silence there is in life. 

I want to contribute to my energy to the world in doing good. 

Money is just a resource. An abundant one that serves as a vehicle to do good with in the world. I can't take it with me when I leave this world but I can use its energy to create experiences for myself, husband and the ones I care about and love while we are here.

Congrats! You sound like you are doing well!! Remember to look to the FIRE (financially independent and retiring early) community for support too! You got this!

Congrats!!

I am currently soaking up information about this topic left and right. Have you heard the Real Wealth Show by Kathy Fettke? I have been listening to her for almost a couple of years (wish I found her sooner) so I was stoked when she came on the podcast in episode 225! She has some interesting information about the upcoming crash of the commercial real estate market. Check out her 2 podcasts. Very informational. 

Oh sorry to answer your questions I didn't see a meter on the property. Also the hot water heater is 50 gallons. I spoke to the only tenant (3 vacant units) and he said that he's never had any issue with the hot water when others were living there. I find that interesting. Any recommendations on changing the hot water heater to a larger size? Is that large enough for 4 units??

Thanks!