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0067 BiggerPockets Reblog: Learning the Hard Way Why You Should Invest In Landlord Friendly States
BiggerPockets Guest Post #4: Learning the Hard Way Why You Should Invest In Landlord Friendly States Here I’ll explain the differences in investing in tenant friendly versus landlord friendly states, and how that has shaped my real estate investments strategy going forward.
0066 Obtaining A Mortgage, The Rules Of Engagement (Part 1)
Today I welcome guest Kwasi Jenkins, who has 8 years experience as both a mortgage officer and loan processor. The loan processor is the person that communicates between the borrower, the mortgage officer (sales man), and the underwriter (final reviewer after all policies and regulators have been approved). This is a great interview, as it gave insights into: 1) What
BiggerPockets Guest Post #3: Why ‘Don’t Buy In THAT Neighborhood’ is STUPID Advice!
BiggerPockets.com Reblog: Why ‘Don’t Buy In THAT Neighborhood’ is STUPID Advice! As a beginning real estate investor, we’ve all looked started looking at properties, and most of us come to a point where we start seeing houses in a very low price range. We ask people who have invested real estate, “what about these cheap houses in this neighborhood?”, and
0064 Audience Questions: Financing, Quickest Way To Close First Deal, and Coordinating Contractors
Hello, These were questions that were submitted when members first signed up for my newsletter, and got their first crack at submitting their first questions. The questions addressed today are: 1) How did I go about financing my rental properties and their subsequent renovations 2) Whats the quickest way to close your first deal 3) Can a contractor go with
0063 Tips On Investing In Real Estate in The Inner City – BiggerPockets Guest Article
BiggerPockets Tips On Investing In Real Estate In The Inner City: Reblog from December 15th, 2013 article
0061 Audience Questions: Lead and Mold Removal, Finding Tenants, and Renovation Costs
Here are audience questions submitted through the survey that is sent when you sign up for my newsletter. I will give you my advice on the following: 1) What Do You Do About Lead Paint 2) What Was The Breakdown Of The 13k House 3) What About Flood Damage – Did I handle It Myself Or Hire It Out 4)
0060 BiggerPockets Blog: The Truth About Cheap Properties and War Zones
BiggerPockets: Investing in a Low Priced Neighborhood Doesn’t Mean It’s A War Zone! Here is my guest contributor post to biggerpockets! Thank you, and don’t forget to leave comments!! This is a really big opportunity to spread this awareness and strategy, and thank you all who’ve been with me up till now to be able to have a larger platform
0057 Why You Should Buy and Hold Vs Flip
Now, before I start, there are many SUCCESSFUL flippers. However, I am speaking of why Buy and Hold Vs Flip strategy, buy and hold CAN be a better long term strategy for two key reasons 1) Return of taxes in regular and ordinary income and 2) More asset flexibility. Once I renovate A property, I am tempted to flip it,
0056 Audience Question: Should You Purchase A Tenant Occupied Property
This Audience Question is submitted by Joan P. Thanks Joan! Good luck on your real estate investing! Yes, purchasing tenant occupied property can work out, you just need to do your due diligence. This involves seeing 6 months of rent payments, doing a walk through to see how the tenants are keeping up the house, viewing the current rental agreement,
0053 How I Purchased 4 Rental Properties, All Under $35,000
A common question I get asked if how did I purchase my rental properties, all which were under 30k, and making more than $900 in rents each month. This was through 4 different products/financing instruments: 1) Conventional Mortgage 2) Depleting my 401k 3) Titling My Car 4) Personal Loan From the Credit Union. These aren’t really “normal,” but at my