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All Forum Posts by: Tierra Petersen

Tierra Petersen has started 10 posts and replied 33 times.

Post: Contractors in Western Wa!

Tierra PetersenPosted
  • Rochester, WA
  • Posts 33
  • Votes 5

I've used this sights list of contractors as well as just looking up numbers in the phone book. I havent had good luck with people. Half the numbers for people in my area don't work. I've had several people come out to give me a price quote and never come back. I've also had several people say that they would come out and never did. 

Am I the only one who has this problem? I have a carport that I've converting to a studio apartment. I'd also like to add a bathroom. I feel like it's a good investment. I want to get that and other balls rolling. If anyone in my area has a good recommendation, I'd be grateful. Or tips on how to get good help. Thanks.

-Tierra

Post: Best Online Real Estate Courses!

Tierra PetersenPosted
  • Rochester, WA
  • Posts 33
  • Votes 5

Hello!

I've decided to get my real estate license and could use some advice. Does anyone have a preference on who to go through? Also any advice would be handy, about what to expect, other materials I might want to buy, etc. 

Thanks so much!

-Tierra

I decided that I need to start paying taxes on my rental units. Is there anyone in Washington that can tell me about how much they pay in taxes for their rentals? In a few months I'm hoping to have up to four rentals. I'm curious if I should go at it alone or hire a pro. Let me know your opinions!

Thanks,

Tierra

Post: House Hacking Nightmares

Tierra PetersenPosted
  • Rochester, WA
  • Posts 33
  • Votes 5

@Nicole Marshall Thank you so much for your response. Your totally right. Sometimes when Im screening I feel like Im being too picky, then make rash decisions. But it’ll make things easier in the long run. 

Post: House Hacking Nightmares

Tierra PetersenPosted
  • Rochester, WA
  • Posts 33
  • Votes 5

True, thank you.

Post: House Hacking Nightmares

Tierra PetersenPosted
  • Rochester, WA
  • Posts 33
  • Votes 5

I recently graduated from college and was in a hurry to make some money. The past seven months have been a nightmare. I"m really thankful for the podcast and this website because I have learned from my mistakes. The past seven months have been a revolving door of nightmare tenants and roommates. I blame myself entirely. I didn't screen properly, I went off mostly how I felt about people. 

Now I'm ready to rent a room in my house again, as well as my studio. This time I want to do it right. In the past I didn't treat house hacking as a business, because I just saw it as getting roommates. So I guess I'll just start with the room for rent questions. If your renting a room month-to-month for $600, what seems like a reasonable deposit? Also what websites are people using? I don't live in a major metro area so I've just been using craigslist. I"m starting to think it might not be the best option for house hacking.

Also I currently have two bedrooms and one studio, and was contemplating air b and b, instead of full-time tenants. What have peoples experiences been with that? I live in such a small town that I don't know if it would bring in much income. Maybe during the summer months because I'm not far from a racetrack and a casino. But on the other hand they are building hotels nearby, so that might be a good indication that people are staying in my little town. If for nothing else on their way to Seattle or Portland, because we are located right off of the freeway. 

If you'll have good advice on how not too have nightmare roommates and tenants, I'd be happy to hear about it. Also do you need a formal eviction process to get rid of a roommate? 

Thanks!

-Tierra

Also, I'd like to add, that it's been such a stressful year trying to get people off of my property that I'd pretty much given up on the idea, until I listened to the BP's podcast the other day on househacking, and it got me excited to be a landlord again. 

@Davido Davido yeah I've had many people ask me about parking their rv in my field, so thats why I thought putting in hookups would be a good idea. 

Thank you so much for this ebook!

Looking for people who will to share their stories, on how they went about starting an RV park. If you or anyone who know has started one, please share!