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All Forum Posts by: Traxon Rachell

Traxon Rachell has started 1 posts and replied 4 times.

In addition to all the other great advice, I would look at the age of the home. For older homes that I manage myself, I am more comfortable staying with an A - B zone, primarily for maintenance reasons.

good luck!

Post: Hi All, Glad to be with you, Cleveland, ohio

Traxon RachellPosted
  • Cleveland, OH
  • Posts 4
  • Votes 1

Thanks - good to be with you.

Post: Hi All, Glad to be with you, Cleveland, ohio

Traxon RachellPosted
  • Cleveland, OH
  • Posts 4
  • Votes 1

My real estate experience started with me giving someone a check, good check mind you, for $995. He was going to show me how to buy, fix and sell houses to make a whole lot of money. You probably know how this story ended. This initial sting creeps up for me from time to time. Joining BiggePockets was one of those times. But after several weeks of canvassing the site, I have concluded not only its legitimacy, but more importantly its enormous value. I invest in distressed properties in the Cleveland, Ohio area. I call them distressed as they scream at me - HELP!!! I have a background in engineering and project management, hence the fixing is actually the fun and easy part. Managing my own compassion to the point I do not wait until a tenant is thousands, yes thousands, in the rear before I move on the situation. This is my toughest situation as a real estate investor, I really do believe people are good and that they are honest when they say - next week I promise. I read the advice on BP - set your policy and stick to it! The setting is easy, the sticking to it is still tough. I am looking forward to engaging around this challenge.

Thanks!

Post: What programs do you guys use?

Traxon RachellPosted
  • Cleveland, OH
  • Posts 4
  • Votes 1

I use rentec and turbo tax. starting to get a little worried with the turbo tax, but so far no issues. I also use star analyzer to size up prospective deals