All Forum Posts by: Terry Matthews

Have you Purchased a multi unit here in Owensboro?

Check with Rose Realty (270) 926-4203)we use them for our rental houses. Mike Garrett is are contact. Or his daughter Betsy. 

@Ethan Whear

We have seven single homes and one duplex



@Ethan Whear will keep you in mind if I can use your help. All the investment properties we have are in Owensboro

@Emma Whear welcome i’ve lived here my whole life. 

Looking for a CPA in the Owensboro Kentucky area that can help me with tax strategies for investment properties. 

@Timothy Hero

Owensboro KY

79,000-83,000

@Kenneth Garrett

Used this bank for the first BRRRR no problems.

But did leave just a few thousand dollars in the deal. 

Just finished second investment property residential single family. The bank now is wanting the figures that I paid for the house and how much money I have invested in the house. They are wanting to loan 85% of what I have invested. And just do a drive-by appraisal. I don’t understand how we couldn’t get a full appraisal and do 80% of the appraisal. By doing it the way the bank is wanting to proceed with the loan It is just 65% of the house appraised value. Now looking at other banks. Any help would be appreciated thank you! 

@Kate Koeller

Always charge the late fees When the Renters are late. When you must accommodate your renters every time they call look at increasing the rent when the contract is up. And yes charge them the extra money for breaking the lease Sorry their feelings might get hurt but that’s The contract they signed.

Couldn’t stand the management part of the business so that’s why we have a local realtor that handles all of our rent! One of the best things I ever did that’s just for me. Check around and look for one of the good one.