All Forum Posts by: Scott Johnson

@Avery Rustad I like to stay away from having tenants doing repairs, but if you’re treating it like an external transaction, then I don’t see anything wrong with that.

Just make sure he’s as qualified as any other painter you would use to do the work. Agreed on the rent. Just pay him cash. Keep it clean.

A lot of it comes down to education. A part of that education is learning how to understand the market and the cycles it goes through. @Kevin Hill, you have a great grasp of that.

When I hear from new investors, it seems like they believe investing fits inside a nice box. Gotta do a flip and then use that profit to buy rentals. This is the perfect time for rookies to decondition themselves from that mindset and develop tools they can use later on.

@Ryan Howell and @Kevin Hill both had awesome insights:

- Why not house hack a property by renting out the other room or unit?

- Do a live in rehab to that same property or another one when you rent your first one out?

- Get even more creative by acquiring those subject to an existing mortgage or with a lease option.

- Develop and implement lead generating activities by using social media and your web site (Carrot FTW)

All of this takes education. Wholesaling in Greenville NC has been slower for us, so this is exactly what we’re doing. Focusing on creativity and marketing is key at this point in time.

@Alexander Felice so is the value of the property going up, or the value of the dollar going down? 😉 Lol

Yea, this is where my thoughts lie.  

Hey, Jack! If the Overton Group aren't able to do it, I'd recommend checking with Brian at Flagship Property Management :)

Hey, BP!

I'm looking to partner with some more writers who create their own real estate/financial based content so we can backlink each other's relevant posts, and possibly do some guest posting. I'm using some pre-written content from Carrot that I'm modifying, but I'm also developing my own unique content.

Let me know if anyone would like to connect! If there's already a FB group that does something similar, please let me know :) Thanks!

@Dave Mason, I'm looking to partner with writers for the purpose of backlinking. Please let me know if that's something you still are interested in doing. Thanks!

Thanks so much for your input, everyone! That really helped me out a lot! We decided on #3 and changed up the word positioning a little.

Just wanted to say that I found this post, went to https://biggerpockets.mysmartm... and my first screening is pending. REALLY enjoyed it, @Andrea Collatz! Simple and super easy to use. Reminds me of the software I used when I was a leasing agent. 

Did they actually tell you they'll only do the HELOC on the remaining equity? That's new to me.