All Forum Posts by: Jake Drappi

@Peter Tverdov Thanks Peter!

Good morning all!

I was recently listening to the BP podcast, and Brandon had mentioned that there is an interview coming out with an economist that was going to go on BP. I just went back through the last few months of podcasts and can’t seem to find where the interview is. I also searched BP and cannot find it. Does anyone know where this is posted?

Thanks!

Jake Drappi

@George W.  thanks for your response. I am starting to map out the Monmouth and Middlesex market now.  

@Vaughn Smith Thank you for the insight, I will keep that in mind for the future.  

@Chris Svendsen good stuff here Chris. Where are you investing?

@Chris Mason Thank you for clarifying this.

@Anthony Aiello I know I should probably talk to an attorney for advice, but do you know if there is any legal action I can take if they end up not leaving per the signed paperwork to get them removed even with the moratorium in place?

@Anthony Aiello Thanks for the response.  Should I have them sign the letter before I make an offer?  Also, what would happen if they sign it and then completely disregard it after I close?  I am wondering if this is something that happens often?

@Joe P. thanks for your honesty.  Yes, this is my first property.  I  figured with the tenant issue, I would be able to get a deal but it sounds like it may be more headache than it's worth.

I heard on a podcast that if you go FHA, go 5%, not 3.5%. The reason being that if you got 3.5 %, the PMI does not go away after 20 % but if you do 5 %, it does go away at 20 %. However, I only heard this on the BP podcast, so please do your own homework. @Karsen Kelsey