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All Forum Posts by: Paul Evert

Paul Evert has started 6 posts and replied 8 times.

Post: Upgrade to Pro Membership

Paul EvertPosted
  • Investor
  • Medina, OH
  • Posts 8
  • Votes 0

We had a Pro Membership that we let expire. Would we be able to recover the calculator antalytics that we’re saved if we upgraded back to pro now?

Post: TurnKey Investments in Hamilton OH

Paul EvertPosted
  • Investor
  • Medina, OH
  • Posts 8
  • Votes 0
Has anyone had experience with a Cincinnati Ohio TurnKey company called Retire with Real Estate?

Post: Pricing a Townhome : 1st Time

Paul EvertPosted
  • Investor
  • Medina, OH
  • Posts 8
  • Votes 0
Thanks Tommy

Post: Pricing a Townhome : 1st Time

Paul EvertPosted
  • Investor
  • Medina, OH
  • Posts 8
  • Votes 0
We have had our 1st rental on the market for a month in Brunswick Ohio. Two bed rooms and 2.5 bathrooms. It has been shown 1/2 dozen times but only one potential tenant that applied. That fell through today because they bought a house. It's a very clean house with brand new paint, modern appliances and overall good shape. We were prefer no pets but will allow one with a $30 monthly fee. No one has given us any negative feedback. We priced it at $1,200 which was in line with pricing on Craig's List, Zillows, Trulia, Rent.com, Hot Pads and local social media rental sites. It's advertised on all of the same sites. What would you? Lower the price or hold on for more applications? I would appreciate your thoughts.

Post: Replace Flooring With Carpet or Lament?

Paul EvertPosted
  • Investor
  • Medina, OH
  • Posts 8
  • Votes 0
We are considering replacing the flooring in a 1,000 sq ft town home. Is it better to use carpet or lament flooring?

Post: Searching for Real Estate CPA near Medina OH

Paul EvertPosted
  • Investor
  • Medina, OH
  • Posts 8
  • Votes 0

We are about to close on our 1st  rental property in Brunswick Ohio.   I'm looking for a CPA to get advice on a business structure and taxes. 

Post: Interest Only Loan vs. P&I

Paul EvertPosted
  • Investor
  • Medina, OH
  • Posts 8
  • Votes 0

I appreciate eveyone's input.... thanks

Post: Interest Only Loan vs. P&I

Paul EvertPosted
  • Investor
  • Medina, OH
  • Posts 8
  • Votes 0

I'm about to close on our 1st property using a HELOC. We have no other debt and plan on financing 100% of the purchase. Should I use interest only or P&I? Is this a sound strategy?

Details

Purchase price:  $105K

Interest rate:  3%

Closing costs:  $0

Length of loan: 7% for 10 yrs, then converts to 20 yrs fixed