All Forum Posts by: Kristin Hairapetian

Thank you Raymond for your advice. I will take it into consideration and will take a look at the forum you suggested.

Thank you Barry for the clarifications

I posted this to the wrong place.. please disregard

Hi Gary
I'm new here but was reading your posts and just figured I'd give my opinion. You were mentioning something about not paying off debt and paying off mortgages first. I'm not a math whiz but I do have a background in finance and credit and I've always seen that paying off the debt with the highest rates first saves you the most money. Hope that helps :)

Hi Troy
Thank you for your post... as I said I am a beginner so half the things you wrote went over my head, I apologize. What is NOI? SFH? What is $500 a year? I don't mean to sound ignorant but I am on here to learn and I'm going to ask questions. I heard this was the best forum to be on because there are a lot of knowledgeable people so I'm all ears. I'm not hard headed and I don't think I know it all... I actually know I don't know much at all... so please,,, in laman's terms :)

Hi Jennifer
So I would be getting a conventional loan (I'm presuming) and putting down $12000. The tenants would be responsible for their utilities(again, I'm presuming). This is my first time and I'm not sure if I should pay utilities or have the tenants do it. Any suggestions? Anyway, I would do a 15 year mortgage. Thinking about paying extra every month. Your advice is really good. I really appreciate it :)

Hi @ Jennifer Lee
Thank you so much. I used to live near this post and my ex was in the military. The BAH is around 700-850.
Do you know if I should be concerned about how much I'm paying per sq ft?

Hi everyone. I'm very new to this so please bare with me. I am thinking about investing in a home near a military base that is in another state. I used to live in the area so I'm pretty familiar with it. I have a realtor that I trust in that location. My question is how much I should pay per square foot. The home is listed for $60k. $75 per sqf. It's been on the market for almost 2 months & has had a price drop of $5100 already. I'm just trying to figure out if this is a good investment. What should I be looking for? What kind of questions do I ask? Homes around this are around 80-85k how ever they cost less per square foot. Please help!
Thank you