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All Forum Posts by: Steven Mitchell

Steven Mitchell has started 17 posts and replied 22 times.

Post: Property Manager Cost

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

Any one know the common price range for property managers here in Akron? I'm trying to start house hacking (with FHA or 203k loans) with the eventual goal of refinancing properties I acquire and then let property management take over

Steve 

Post: Your first successful house hack!

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

Tell me about the benefits you had from your first house hacking experience? 

Steve

Post: FHA or 203K loan advice

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

I'm try to house hack for the first time and have been reading a few of the bigger pockets books. I'm looking to get 203k or FHA for little money down. Any advice or insight I should have before going to the bank on these loans?

Steve

Post: DIY-Most common items to fix as a landlord

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

What are the top 10 things I should be able to fix on my own that I don't need a contractor or repair man for? I'm trying to house hack and limit my expenses as much as possible. 

Steve

Post: Minimum Qualifying Standards for Prescreening/screening

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

Besides the following minimum standards used by most landlords 1)3x the income 2) Credit report 3)Background check 4) Good references 5) No prior evictions. What other minimum standards do you use to find those great tenants? And why?

Thanks 

Steve

Post: Contractors, plumbers, HVAC specialist, etc in Summit County, OH

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

Can any suggest any good specialist for rental properties in Summit County, OH (such as Contractors, Plumbers, HVAC specialist, etc) I'm just starting out and looking to see whats around. If any local investors have any suggestions, I would like to meet in person and in exchange I could provide a free meal or coffee for your time. Send me a personal message if interested. I'm interested in single family homes and in house hacking as an FYI

Thank you

Steve

Post: Advice on starting a business account at bank?

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

Anyone have suggestions for starting a business account at bank? (Any criteria, things I should know about, minimum bank account balance, etc) I'm just starting in my real estate journey and want other investors advice. 

Thank you 

Steve

Post: Explaining "due on sales clause"?

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

Can someone explain what this means? I'm reading it in on of the BiggerPockets book and not really understanding what "due on sales clause means"

Thanks

Steve

Post: any good books on only Buy and Hold investing?

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

BP colleagues, 

Any good books on understanding only Buy and Holding Investing (especially for single family housing)?

Steve

Post: Any good books on LLC's?

Steven MitchellPosted
  • Investor
  • Akron, OH
  • Posts 22
  • Votes 6

BP colleagues, 

Anyone have good books on understanding how LLC's work?

Steve