All Forum Posts by: Christine Glasner

Hi @Andy Lambert , welcome BP and REI. For any local market, I like to drive around different neighborhoods myself. Actually look at the condition of the homes and yards. I use realtor dot com and zillow a lot for active property searches and zillow mostly to see what has sold in a particular area. Property management companies can maybe help tell you where the neighborhoods are that have lots of rentals.

One of the first things you should do is identify your REI goals. Do you want to wholesale, buy & hold or fix & flip? This will help guide you in the types of properties and neighborhoods you will want to look at.

Hope that helps. Best of Luck!

Hi @Chaz Reid . Is that 10k each or for all? I have rentals in the south side of Statesville, similar neighborhood to what you described. If it's for all of them, I'd probably do it. Then depending on other funds available, get one fixed and rented ASAP, then work on the others.

If they're 10k each and need a ton of work, it may not be worth it. Any comps to go by?

My suggestion would be to check with local property management companies.

Best of Luck!

I'm not licensed anymore, but I had my Series 6,66 and 26. (Didn't loose them, just let them expire) My best advice is to always choose the answer that is in the best interest of the client. A lot of the client questions are common sense. Suitability is a biggie. You might be able to find a cd online for practice tests.

study, study, study!

Best of Luck!

As far as I know, renter's insurance only covers their belongings. I could be wrong on that. Many insurance companies won't give you homeowner's insurance for different breeds. My daughter had a Siberian Husky when she came to live me. I just so happen to be changing companies at the time. We had to have the dog stay at a friends until the policy was in place because they didn't allow that type of dog. Luckily she found an apartment shortly thereafter that would except the dog.

Do your research on what the insurance companies allow balanced with your comfort level of risk and go from there.

Best of Luck!

Hi @Account Closed and welcome to BP. I'm sure you will no shortage of people to help guide you on your real estate investing journey.

Best of Luck!

@Chris Pastrana , @Bill S. makes good points. I always have prospective tenants fill out an application. I tell them to fill it out completely. IF something does not apply to them, I tell them to put 'N/A'. At least this way I know they looked at it and are not just being lazy and skipping around. I also tell them that must have at least 3 refernces (combo of personal and professional) as well as current landlord contact info and that they will be called. Basically, if someone has something to hide, you won't get the application back. In my experience, this helps weed out some of the most undesireables right off the bat.

Best of Luck!

Hi @Yari Delgado and welcome to BP! There is 'Learn' section of the site that has a lot of good info, of course the beginner's guide mentioned earlier and make sure you check out the podcasts.

Best of Luck!

Welcome @Samuel Larger

Having clear set goals and a plan in place is a great way to start. You'll get plenty of support here while you start your REI career and I look forward to reading your success stories.

Best of Luck!

Hi @Brittney Lynn and welcome! I'm originally from Long Island, Suffolk County. Can't wait to hear what about your first purchase.

Best of Luck!