All Forum Posts by: Alexander Schaaf

Hello real estate investors!

I am looking to purchase my first property. It will serve as a primary residence for awhile, and my plan is to convert it into a rental property after some time.

I want to build a home and I realize I may be paying a premium for that, does anyone have any tips on how to best estimate my monthly payments including utilities, property tax, PMI, etc.? This is my first time buying a home, so any advice would be greatly appreciated.

Thank you all in advance.

Welcome to the site! Good luck to you on your investing journey!

Hi John,

Welcome to the site! BP has a lot of great podcasts and forums for gathering information. Best of luck to you! 

Best of luck to you @Cheryl Subasic! BiggerPockets is a great resource for learning the basics of investing. Congratulations on your first property! 

Welcome @Angela B.

Congratulations on your first purchase! I plan on starting my real estate business with my girlfriend, it is great to have a supportive partner to help figure out the odds and ends of real estate. It sounds like you're figuring it out, best of luck to you on your future investments! 

Welcome to BiggerPockets! 

I am also a recent college graduate, majored in finance, and getting into real estate while working full-time. Best of luck to you @Brandon Glass

Welcome to BP @Brenda Snyder!

That's awesome you are starting a second business. Best of luck to you on both of them!

Hey @Tommy Mosley,

I am not a seasoned investor, yet. I found the following podcast that talks about being successful in multi-family investing, I hope this helps and good luck!

https://www.biggerpockets.com/renewsblog/2014/03/1...

Hi @Monique Courtney,

I recently read the following article about corporate credit:

http://www.jwbrealestatecapital.com/how-to-buy-rea...

Basically, the article states that you can leverage your corporations credit rating to obtain favorable financing terms. There are some requirements, and if your corporations doesn't have existing assets you may be required to personally guarantee a loan. Hope this helps and good luck!

Hi @Zack Gurr,

I am also a new real estate investor and have found the BP website to be very helpful in my learning. I recommend listening to the podcasts, some episodes are very insightful. Best of luck to you!