All Forum Posts by: Redgy Saint-Germain

@Emilio Garibaldi Jr

I would talk to her and give her some options :

1 - She can continue with the property maintenance as agreed upon 

2- You can call a mowing service for her and she can pay for it 

3 - You can pay for the maintenance and increase her rent

Let her pick what works best for her but either way your lawn needs to be done .

@Sharee Barton 

Yes @Larry Turowski stated GV is really good and best of all its free. I have it set up for my yellow letters campaign and never missed a voicemail.

@Faysal Alam

First of all Kudos to you for having 15k in the bank while making 20k/year, frugality can be a good thing. I would pull the trigger now and start looking for a property using an FHA loan using only 3.5% down. If you get a good deal this can be a good way to get sweat equity right from the get go. I would aim to buy at least a duplex to eliminate your rent and earn some cashflow.

Good luck 

@Nick Mulligan 

Im contemplating Taunton but I definitely wouldn't invest in New Bedford and Fall River due to the crime rate. The properties are cheap so are the headaches

I would say start with Taunton if you can, as far as I know it's an emerging market.

Good luck

@Chris Turner 

If  you are so concerned about disclosing information to your buyer just use a "double close" on your deals. You are essentially buying the deal and reselling it that way you wont have to disclose certain information to the buyer. Otherwise its good practice to disclose all information upfront and build a good relationship with your buyers.

Relationships are more valuable than money. Refer to this article as a start https://www.biggerpockets.com/renewsblog/2012/12/10/double-closing-part-1/

@Alex Silang It depends on your goals, I find the excitement is in the rewards, I enjoy renovating apartments, I enjoy creating new layouts in a house ( adding bedrooms, knocking down walls etc ) and best of all I love getting the rent checks. 

Success is not easy,  there will be time when your tenants will piss you off but at the end of the day you have to look at the bigger picture " Building wealth".

Within 50 miles 

@Carmen Rojas  You have to come up with a system and stick to it. Mine is always a maximum of 75 cents on the dollar because it makes it easier to get financing and have sweat equity from the time you close the deal 

@Terry Lao I'd say the best place to invest for the newbies is in their own backyard, preferably driving distance (25-25 miles)  from their primary residence. It makes it easier for them to walk the property, and self manage it should they close on it.

@Kyle Houlahan 

The inspection was done prior to closing and the property was listed " sold as is". I don't think you're not responsible nor liable for anything post closing.