All Forum Posts by: Tim Teachman

Nice work Collin!  You are an inspiration.  I am a newbie from Seattle and just bought a Triplex.  I am looking for inspiration to help me along the path.  Great list of readings!  I sure will have to dig in to some of those. Keep it up!

I am a new investor looking at investment opportunities in and around the Boise, Caldwell area. My first plan of attack is to talk with a property manager that knows the area. Does anyone have a recommendation?

What are the diffent types of insurance policies?  Wht might be typical or recommended?

Originally posted by @Jim Adrian:

You should look at your insurance numbers as they seem low (48*12=$576).   Cash flow looks good.  Look at the management fees.  Will the 11% cover both units?  Typically I see people say 10% for one sfr. 

Both my wife and I are new to the real estate investing. We're looking for cash flow from real estate purchase.  Ultimately we would like to purchase a few income producing properties.  The population growth is around 3.5% and the economy seems to be stable.  Our strategy is to purchase income producing properties.

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Hello,

my wife and I are new investors looking to purchase our first investment property.

We have excellent credit and plenty of equity in our house. our question is should we refinance to cash out equity @ 5.1% interest and purchase an investment property cash? Or put down a traditional 20% down payment and finance the remainder? Or would it be better to leverage our equity and finance more than one?

Wife thinks cost of home refinance too much to make sense. cost of loan on primary home would outweigh potential income on investment property over 30 year life of loan. trying to figure out way that makes sense!

Any thoughts or advice is appreciated