All Forum Posts by: Chris Reinhardt

Has anyone ever considered becoming a certified property inspector to help cut the costs of having a general inspection done on each piece of property you're interested in? I've been looking into it and it seems like it could be well worth it to learn how to inspect homes myself, rather than potentially wasting money inspecting properties that don't pan out. I've read that a general inspection can cost anywhere from $200-$500! This could simplify and speed up the process of sifting through potential investments. Anyone have thoughts or experience relating to this?

Yes an FHA loan seems to be my only realistic option since it will allow me to put the least amount of money down. I'm currently trying to learn about other ways of raising money/financing to get started as well. Thanks for your input!

Hi everyone,

I am brand new to the investing world and am extremely eager to get started! I want to focus solely on rental properties to create some residual income for myself. I am having trouble getting started on my first piece of property however. One of my biggest problems, outside of finding funds for a down payment, is figuring out how to get around occupying the residence for the first year. I realize I cannot simply buy a house and immediately start renting it out, yet I am very happy at the place I'm currently living ($600/month ALL utilities included). One tip I've picked up in regards to this is that I could buy a duplex and live in one half, while renting out the other. At the moment this seems to be the best option for me but wanted to ask if anyone else has any other tips for my situation? Thanks in advance for all the help!

Hello, I am 27 and have been reading constantly about investing in rental properties in my area, but I am eager to learn more. I feel I have a good grasp on what it will take to get started on my first property but I still have a few major questions that I can't seem to find answers to. I look forward to getting some advice!