Phillip Christie
Résumé for Multi Family
Hello, I’m currently in the process of getting a pre-approval to purchase A apartment building. lender is asking for a Resume updated (for experience level). I have no experience with MF properties. I own 1 Single fam...
Tralecia K Young
Canceling a purchase agreement without an inspection
I recently just viewed a property that I was interested in and made an offer and my offer was excepted. My realtor made me waive my inspection due to the market being so competitive. I have a mortgage contingency as w...
Amy Wunderlich
Care about cashflow now or later?
Hi BP,I have question regarding cashflow and if all investors REALLY require it from Day 1. Here's the background:I'm taking a course at UCLA taught by Jon Swire, the author of There's No Free Lunch in Real Estate, an...
Matt Morand
Tenant Turn Over Cost Rules of Thumb
Is there a general rule of thumb that is used when underwriting the cost of tenant turn over?
Eric Samuels
Should I shop for a lender or go off recomendation?
What up everyone,I’m ready to get pre approved and start looking for properties in philly and I’ve heard it’s best to shop for lenders. Was thinking of finding one credit union, one broker and on bank and reach out al...
Adam Allen
Converting Single Fam to Duplex
Has anyone converted a single family to a duplex in Austin? Our current residents is 1600 sqft 4/2, zoned SF-3 with 1850sqft lot. Poking around online we should be able to build onto (second story) the property and “e...
Ahmed Tausif Aijazi
Help in selecting a contractor
Hello all,
I'm in a relatively new REI with a goal to buy distressed properties and holding them to serve as rentals. I recently closed a deal and the property requires a fix-up (kitchen, flooring, ...)
My question i...
Terry Eriksen
Newb from SoCal
Hello everyone, I am in a unique situation. I am 38 and just retired from the FAA due to a work related injury. I have a very nice pension that I can comfortably live off of. When I turn 65, it will go down approximat...
Chaunna Henry
My own backyard is too expensive... How do I assess other markets for investing?
Hi!
I'm a new real estate investor. I currently live in NY. As many people know, it is very expensive to live and own properties here within the 5 boroughs and long island.
I have about $30K to start investing with....
Elke Cardella
Should I sell my negative cash flow investment property?
I currently own a house that has a negative cash flow of $3400 per year. I am trying to decide if it makes sense to keep the house or to sell it. I've done some analysis of the benefits of holding it despite the cash ...