All Forum Posts by: John S Lewis

Does anyone normally get a property appraisal before buying a rental?  If so, and the property has tenants, how would you go about coordinating this?  I may be really naive about this, as the only appraisals I've had done are on my own house for when I re-fi'd.

Are there any NJ investors that know if I buy a house, can I rent it out regardless of the neighborhood?  Or does it need to be in zoned for renting?  Or is it town specific?  

So I've seen a lot of people on the business channels saying the capping of the home mortgage interest deduction is going to kill the hi-end home market. Any tax attorneys/CPA's or other qualified folks on here that can chime in on how this well affect the REI biz?

Does anyone know of the least expensive best web hosting/creation website company for newbie REI's? I saw one for $50/ month but that's a lot of money for me right now.

Thanks.

Thx @Natalie Schanne

Can someone please tell me in laymans terms what the cap rate is?  I've read definitions over and over, but I still don't get it.  Sorry feel like the dunce cap is on.

@Jerome Bell, Sr. can you raise the rents on section 8's annually?  where can i find out how a section 8 works in another state or even my home state?

So I clicked a link for dohardmoney.com here on BP.  Filled out some basic information and they texted me and called me to follow up.  I've had a bad experience with a Utah based company in the past in I've heard Utah companies have a bad rep - no offense to anyone here on BP.  Just saying what I've heard and experienced.  So if anyone has any info on these guys, I'd love to heard about it.  Thanks.!

@David Krulac  

@Jay Hinrichs  

@Ned Carey

Thank you gentlemen. I was not planning on paying for any education from them. As I've learned on BP, there's a ton of free info on here. I had clicked through a link on a sub-REIA page, and it brought me there so I questioned the validity of it. You have all helped me make a better informed decision. Thanks again!

This site offers a "free" 7 day course on tax lien investing.  As anyone ever come across this and used them?  Any info greatly appreciated.

Thanks.