All Forum Posts by: Kori Caldwell

@katherene thank you! I just our local group! :)

@George Makakufai. Thank you but I have done the above. I have read blogs, listened to podcasts and read articles. I don't take it lightly. In fact we currently have a successful rental but are looking to expand. Mentors are common and believe I can find someone that would be willing to take time out of their busy schedule to help, as I am sure they were in my position at some point as well. However, I appreciate and respect your input.

Thanks!!

My husband and I are interested in investing in some properties. However, we are looking for a mentor. Is there anyone located in the Chicago area that is familiar and successful in the reality industry that would be willing to meet with us? Thanks!! Kori

My husband and I need advice. We are interested in becoming landlords. We purchased our first home in Dec 2012 with an amazing interest rate and 3% down. Our plan was to stay in the home for a few years and then rent it out. Our plans were expedited when my husband's job relocated us to Chicago. We have rented our home to a 3 year renter. We are eager to buy another rental property. Unfortunately, since we only put 3% down on our home, we are paying PMI. My husband and I are odds as to what to do. I want to take 20% and purchase another rental home for 100K or less, he wants to pay whatever necessary to eliminate the PMI. Currently the renter is paying the PMI and after 3 years of renting, I believe our house will have enough equity to request that the PMI be waved/removed. However, he believes it will be less riskier to pay off the PMI now. Any advice would be greatly appreciated. Thanks!