All Forum Posts by: Nathaniel Smith

@Will Gaston

Good advice! Thank you again for your responses.

@Will Gaston

Hello Will! Thanks for the response. It is a single family house so we will all be in the same unit. I have known the renters for some time now and trust they will be good roommates. I am actually a student myself so we will all be the same age. I just wanted to make sure the leases were in place for accounting and the off chance something gets damaged or someone doesn’t want to pay rent.

@Kenton LeVay

Great! I didn’t realize BP had some. I’ll look into those and see if they are what I’m looking for.

@Scott M.

Thanks for the advice! I’ll reach out to some people and see if I can find a good Real Estate lawyer in my area.

I just bought my first rental (collage town house hack) and I have the roommates picked out who will move in August 1st. Any suggestions on where to get lease agreements and is there anything specific I should be looking out for when choosing a lease agreement? Thanks in advance!

@Kent Lyons

Great advice! I hadn’t thought about that.

@Jermaine Sims

Great advice! The goal is to live for free and replace my current $100 dollar per week job on campus so, $350 cash flow sounds amazing. What are your thoughts on not paying for cable since everything is headed towards streaming? Would I still be able to get a good rent price?

@Robert Ware

Thank you! Zillow rental is a great resource for sure.

@Jermaine Sims

Great thank you! I am excited to jump into REI but just wasn't sure what to sent rent at when running numbers. Also, great tip about the streaming!

@Bobby Wallace

Thank you so much for all the information! This will be my first rental and I’m hoping to house hack a few times to start building my portfolio.