All Forum Posts by: Mose Gebremeskel

I think if done right it can be beneficial. You have to make sure you set clear boundaries and make sure you have a good lease clearly stating all the important things.

1 Vote

Quote from @Allen Duan:

Quote from @Brad Smith:

@Allen Duan - For corporations, who do you typically reach out to? The HR head? Or is there a separate relocation/leasing departments in these companies?

Also, can you suggest a few relocation companies that you might know of? Thanks in advance.

Hey Brad, HR is the best place to start. If the company is bigger, they may have a specific role or department, but HR can point you in the right direction.

Most of our insurance bookings come through CRS and ALE Solutions. But I've heard it can depend on market since these companies have different markets they focus on.

Super helpful! Thanks!

0 Votes

Cincinnati, Ohio

Quote from @Jacob Nevarez:

Quote from @Mose Gebremeskel:

That's awesome! Couple of things I looked out for:

- Area, make sure it's somewhere that will have stable demand

- I stayed away from homes that had a lot of renovations that were needed

- During the tour see if you can spot basic issues like if wiring is old or how new is the HVAC system, etc.

- If you decide to keep the tenants that are already there see how well they keep the place

@Mose Gebremeskel These are great tips! I have yet to hear these, especially about staying away from homes with many renovations. Typically, you hear people flock towards those properties. What were your thoughts that kept you away from those properties?

The main thing was monetary reasons. We had a budget in mind for repairs we're willing to do. I thought that was very helpful!

0 Votes

Chicago, Illinois

I currently just have 1.

0 Votes

You can use property management software that does everything online. We use Innago which allows my tenants to sign leases, send rent, and fill out applications for free.

2 Votes

Yes do it! It's a great way to connect with others.

0 Votes

Worcester, Massachusetts

That's awesome! Couple of things I looked out for:

- Area, make sure it's somewhere that will have stable demand

- I stayed away from homes that had a lot of renovations that were needed

- During the tour see if you can spot basic issues like if wiring is old or how new is the HVAC system, etc.

- If you decide to keep the tenants that are already there see how well they keep the place

2 Votes

Chicago, Illinois

Look into FHA 203k loans

1 Vote

Toronto, Ontario

Hey Milena, have you checked for reasonable comps in the area? Usually lowering the price would be effective. In some areas 23 days isn't considered too long.

1 Vote

Jacksonville, Florida

Welcome to BP! Like you, my wife and I were trying to figure this out about a year and half ago. We found a small duplex within our price range and found it worth it. Ultimately think long term and think about what you want to get out of this.

2 Votes

Dayton, Ohio

All Forum Posts by: Mose Gebremeskel

Mose Gebremeskel has started 9 posts and replied 202 times.

Post: House Hacking with friends or family? Share your pros/cons

Post: Places To Find Tenants For Mid-Term Rentals

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Post: First House Hack

Post: Best way to fund renovations on a flip project

Post: Current listing with not enough showings

Post: House Hacking with Multifamily