All Forum Posts by: Timothy Lewis

Find out who has been managing the portfolio and reach out to them. I've had the seller's PM disclose important information about properties condition and current tenants while I was under contract.

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Huge Congrats

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@Sean Howell Can help you out here

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WOW! Huge Congrats. I'm in the process of doing the same thing now!

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Welcome @Patrick Kelley

I would make these two podcast part of you daily routine. They provide a massive about of info and insight.

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Originally posted by @Ken Naim:

@Jason L. Yes, florida rates are nuts again this year, all my properties have seen 20-50% increases

Yup. Same.

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Huge Congrats!!

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One thing to keep in mind is Tenant-Friendly Sates vs. Landlord-Friendly states. This article greatly helped me decide which OOS markets to invest in:

https://www.biggerpockets.com/...

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Originally posted by @Bill B.:

20-25% shouldn't matter. 20% avoids PMI, most of my deals have required 25%. But there is ZERO chance I would take a non-30 year mortgage above 1%. Not with 30 years under 3%.

Agreed

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All Forum Posts by: Timothy Lewis

Timothy Lewis has started 6 posts and replied 357 times.

Post: Portfolio Lender South Florida

Post: First Multi-family purchase

Post: My Second deal in 2021 - Kansas City MO - SFH - Roofstock

Post: Tips for buying land

Post: First BRRRR Deal Completed in Memphis, TN

Post: Suggestions Requested on how to get $10k in Passive Income

Post: Home Insurance Rates in Florida Have Gone Parabollic

Post: My first flip in Ocala

Post: First Step in Choosing an out-of-state investment location

Post: First deal! 10-15 year balloon?