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All Forum Posts by: Vivek Mishra

Vivek Mishra has started 4 posts and replied 11 times.

@Sophia Griffies thanks !

@Yandry Mastromihalis thank you !

@Hai Loc thanks a lot. Can I also ask for full credit report that they might have run?

I am close to buying a property that has a tenant currently living on a month to month lease in NC.

What are the documents that I should ask from the management company about the renter that are within my rights to check, so that I avoid any future issues.

Appreciate any help.

I am trying to buy a sfh near Raleigh area and looking for home inspector recommendations.

Please share.

PS. this is my first rental property

I was thinking of Vacation Rentals and I heard from a someone that they have a VR which they have leased to PM company for 5 years and have guaranteed income ? That sounds Easy and painless, any recommendations?

@Joel Owens how do we know or rather where can we find that record if it’s updated or build from ground up ?

@Joel Owens great point, although this is a new built in 2019 just completed with 170k value, rent was estimated to be around 1450 which was giving me cash flow of about 400, I was more than happy with that but what I am not sure about the uncertainty of maintenance and vacancy since this is not a great neighborhood, the agent marked it as b type so I was thinking it will be okay.

Hi @Joel Owens,

Thanks for your input, I looked at city data website and link is here

http://www.city-data.com/city/Douglasville-Georgia.html

It is violent crimes, theft, burglary which is concerning for me as a first time investor.

Thanks @Mitch Messer, appreciate your response. I will reach out to you. Also the agent is from home union and they claim to have their own property management company.