All Forum Posts by: Kris Columna

Good morning everyone ! So my property has gained equity and I’m looking to take that money out to reinvest it. How do I go about doing so? Which method should I use Heloc or cash out refinance? Can someone help me understand the process. Thank you 

Ok, sounds good thank you.

Good morning,

I purchased a multi family property over a year ago a little north of the Tampa area and I was wondering if there is anyway I can check if I have equity in my house to take out another loan to buy another property. If so how do I do that? I am open to suggestions or any other alternatives to make money. I am currently unemployed I just graduated and I’m a military vet.

Thank you 

Hey guys I am a landlord living in Florida I was wondering if there is any resources that you can recommend to help me make a lease contract/ agreement. 

Good evening

I am a new homeowner. I just closed on a duplex in the Tampa area in Florida a few days ago with the VA loan I am house hacking due to the regulations of a VA loan. My plan is to save until I can refinance or have enough for a 20 percent on a conventional loan (open to suggestions for a better way). Should I hire a property manager to handle all of the other stuff like paperwork, evictions, postings, etc. or should I do it myself? If either or how do I go about doing so.

Thank you

@Jose Rodriguez

How much should I put for an estimate on home insurance and should I put it to monthly or annually?

@Peter Korty

Ok sounds good thank you

Good evening,

I am currently looking for a multi family home in Orlando Florida and i am using the BiggerPockets rental property calculator to get a good estimate on how much I should offer for the home and to see if it is a good investment in the long run. I am using the va loan, I am already pre approved, and I have my real estate agent. I was following along with a video posted on YouTube with Brandon Turner walking us through the process of how to analyze deals and how to use the calculator but he was using the old one. I plugged in the same number but old rental property calculator gives me different numbers than the new rental property calculator. Which one should I use?

I’m a army veteran living in Orlando, FL looking to invest into real estate, is now a good time or should I wait ? If so when is a good time?