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22 August 2018 | 3 replies
Monitor your score and if you've got credit cards/student loans/etc. pay things on time.A few months in advance speak with lenders about pre-approval.Also, if possible, whether through an investor who buys often or through a contractor or RE inspector, do some property walkthroughs and you'll quickly learn what to look out for repair-wise when viewing a property.
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26 November 2018 | 8 replies
I remember the review of the book said it was pretty advanced, but I loved it because it had real meat not just a lot of fluff.
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21 August 2018 | 6 replies
Thanks for any help/insight in advance!
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21 August 2018 | 0 replies
Thank you in advance!
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3 July 2020 | 8 replies
Thanks in advance to all the answers,Shay.
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22 August 2018 | 5 replies
Were you advancing funds to pay the first or did you assume the current tenants were paying the first?
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22 August 2018 | 1 reply
Let me know what you think.I have considered Expenses as:Vancancy, (3 units currently vacant)Cap Ex (likely to need to roofs soon, HVACs are newish, unsure of water heaters)Maintenance (assume 6% to keep up the property, will adjust after inspection)Lawn Care (currently $300/mo. assume I can keep that contract.)Taxes (Currently $3100)Insurance (not sure what to expect, guessing 1200/property)Flood Ins: Not needed in this areaThanks in advance BP community,Winn and Kaitlin Merwin