All Forum Posts by: Tanner King

Thanks Dale, will give that article a read and look into those books. I appreciate the advice!

Drew, thanks for the advice, This is great.

I should have phrased myself a little better, I understand the benefit of having property management. Just in my situation, only having one unit with low maintenance tenants, not a lot of time is spent on my portfolio monthly. And it's something I should and could be doing myself to gain experience especially since my goal is to scale and grow a portfolio of properties.

I currently house hack a duplex and the other units tenants are managed by a property management company. When I closed on the property I kept the current property management in place (inherited the tenant) for a smooth transition and I was concerned about the tenants learning I was the property owner and coming knocking on my door at 2 am.

The plan was always to self manage and I am ready to get started asap. The tenants seem very low maintenance, I've been in the property going on 5 months, have had one maintenance request, they keep to themselves, seem to take care of the property and have paid on time every month.

i also feel like the property management company I have in place doesn't do much.. they recieve the rent payment on the 1st and I don't get it in my account until sometimes as late as the 15th(not sure if this is standard), it looks like they manage several properties in my neighborhood and they have been sitting vacant for months, the pictures on there listings look like they were taken with a flip phone, etc..

So any advice for someone wanting to put systems in place to transition from property management to self managing my rental would be greatly appreciated. 

Also, I won't be house hacking this unit much longer. I just got a promotion at work that will be relocating me within the next 3-4 months, so want to have transitioned before then. I am on a month to month contract with my property management company.

Hello, does anyone have recommendations for good general contractors in San Antonio? I own a duplex located in the 78233 area code and am looking to get bids on a cosmetic rehab for one of the units. Any recommendations would be greatly appreciated. 

 I appreciate it! Enrolled in classes!

 Thank you! Signed up for classes to get my license!

I bought my first investment property this year, a duplex that I am currently house hacking in San Antonio, TX. 

I want to start scaling my portfolio, and plan on starting up an LLC this year to acquire and hold/flip properties through.

What are the pros and cons of getting your real estate license as a REI? Is being an agent something you could do on the side? (currently working a W2 that I'm happy in and don't plan on leaving anytime soon)

For me I think getting my real estate license would give me more confidence after the education I go through to get it, help me gain connections, the commission from my own investments. On the down side I know the costs of getting and maintaining your license and the time it takes to get it. Is there other pros and cons I am missing?

Thank yall in advance!

Hello, I recently closed on a duplex and am looking for some ideas on the best ways to add value to the property.

I am currently House hacking the property and would like to renovate the side I am living in while I am living in it. I am looking for ideas that aren't going to break the bank, that I can do myself (not much experience with renovations), and will add value to the property and make it so I can raise the rents once I move out.

The property is older, it's been freshly painted on the outside, roof is relatively new and the foundation is good, the interior is way outdated though so pretty much anything you can think of could be updated or replaced. Any tips or ideas would be greatly appreciated!

Hey @Jaycee Greene! I am looking to house hack in the San Antonio/Boerne area. I am looking to stay in the 250-350 range. I don't have the funds saved up for any major renovations but am looking for something that needs a little TLC. My plan is to do small value add upgrades while I am living in it.  

Any advice for someone trying to buy their first duplex and house hack? 

I currently have a pre approval and am shopping properties and am stuck on the deal analysis side of things. I want to be able to pull the trigger when a good deal comes a long and be confident in my investment. What are the best ways to analyze a deal, specifically house hacking a duplex?

Any other advice for someone starting out this way would be greatly appreciated.