All Forum Posts by: Elin Trinh

Thanks @Joe Splitrock - being 'Next Level' sounds good to me :)

Hi @Kenton LeVay - the low maintenance cost is really appealing!  

@Andy Osei

@Francine Haynes - Welcome!  I am trying to get into the game too!

@Joe Benyi - I have to use the BP tools to analyze a property. It is the easies way to calculate. I always include: 10% for repairs, 5% vacancy, 10% CapEx, and 10% Prop Mgr. I dont see that in your calculations.

Hi @Jacob Whitney if you decided to invest out of state checkout David Greene's book - Long Distance Real Estate Investing.  I am almost done and I have gotten so much out of it.

Hi @Nicki Shelton - BP has been super helpful (forum and podcast).  I am trying to break out of that analysis paralysis.  It seems so intimidating when it is such a sellers market.  Best of luck!!

Hi BP Fam - 

I want to get pre-approved to buy an investment property out of state.  I contacted my local credit union and they suggested that I find a lender in the area that I am interested in investing.  I am interested in a few places.  Can I get preapproved and then go to a local bank/credit union to get the loan?  How would you go about getting pre-approved?  Should I just google a large lending company?

Thank you in advance for your help!!

Hi @Ryan O'Connor - Welcome!  I am reading Long Distance Real Estate Investing by @davidgreene and I am learning a lot!  Best of luck!!

Hi @Wale Lawal - I am looking for 3 bdrm/2 bath.  Like I asked Karl - What your thoughts on new construction? Would you recommend for someone investing out of state? I was looking to BRRRR but I think that New Construction would be a good way to get my feet in long distance investing.