All Forum Posts by: Jacob Kurian

Hi guys. I'm a new real estate investor just looking to get more knowledge on how FHA loans work. If somebody wants to get an FHA loan, then eventually turn that into a rental (short term or long term TBD), how would that typically work? How long must you wait before being able to rent out a primary residence property from a lending perspective?

Thanks for the input guys! I have minimal plumbing experience and thought it would cost me way more than what the actual bill was. Luckily the reserves I had in place was way more than needed for this. First time newbie jitters when I faced my first landlord issue!

Hello, I am a first time landlord with my first property. My tenant just notified me of this in November and they first started noticing it back in May (eye roll lol). There appears to be a leak but I'm not a very handy guy and am not 100% sure. The images are from the living room ceiling. Right above it is a bathroom. Does anybody have any advice on alternatives to resolve or get this fixed before I go all out & call a plumber. They'd likely charge a premium, which would hurt my numbers on my first property. If anybody has any cheaper, alternative options to try first before resorting to a plumber and killing my CAPEX reserves, it would be greatly appreciated! I've attached some pictures to my post of the issue. Thanks in advance!

Hello, I am a newer investor and interested in acquiring foreclosed properties, as I hear the banks typically like to sell them as fast as possible, not putting emphasis on maximizing sale price. Does anybody know how foreclosures exactly work? What to look out for when dealing with them? Any do's and dont's related to them? I am based out of Broward & Miami-Dade county, so any additional advice specific to them would also be appreciated! Thanks in advance!

Investment Info:

Townhouse buy & hold investment in Sunrise.

Purchase price: $380,000
Cash invested: $80,000

Acquired my first property in Broward County, FL! Very excited and looking to now expand to my next property!

Hi, it is homestead until this point because I lived in it but moving out next month and ideally looking to rent it out. 

Hi, I'm a new investor. We purchased a new build home in San Antonio last year. Our Bank has informed us the taxes for the first year were on the land only, but now it will be on the home as well as land for this current year. Therefore, my monthly payment has now gone up by $1,000 which doesn't make sense to rent out anymore, as it will be at a significant cash flow loss. However, when I contacted the township's tax department, they state that the property tax should not increase that much. Additionally, they stated the home has homestead exemption, so it is likely an error on the bank's end. Has anybody had a situation like this before or able to provide more color on best approach / details?

 Hello. Looking for placement only currently. Depending on how that goes would be open to full service.

Hello, I just closed on my first rental property and was looking for a property manager to assist with placing a tenant. The property is located in South Florida about 15-20 minutes away from Fort Lauderdale. Any and all recs/assistance is greatly appreciated!