All Forum Posts by: Bobby Beard

sorry I just read subject again. So no properties yet. :-)

you have any properties now? You looking to do res or com?

welcome! BP will change your world! It's like having thousands of really smart and experienced RE people as your best friends!

biggerpockets!!!!!!! That's what keeps me up later every night! Learning!!!

take all that saved money and buy lottery tickets? Jk!

I think the bigger picture here is you need to find a better job, at least one you are excited about.

Possibly buy 1 or 2 properties to hold and play with. Learn the ins and outs with. After securing those properties then start looking for a better job! By the time you get the time needed on the new job to start financing houses again you will have tons of experience. You may find you don't like doing holds and you like your new job better then RE!

Good luck!

I agree. You have to have something to offer in return. Otherwise they would only work/help people they know.

a little black spray paint and good to go lol

1840!!! Sounds like a cool house!!!!

Has it flooded before? Nfip should be able to tell you that prior to purchase. I would try to call them and ask about any priors. If you find out it's flooded 10 times since 1980 that's may change your plans!

@Tom Meade houses built before flood mapping 1974 everything is basically covered no matter how the house is built (pre-FIRM) therefore increasing cost of coverage I would believe. After 1974 or what ever date the community adopted the flood regulations (post-firm) has to be built to certain elevations and other criteria leaving me to believe better built and lower premiums.

The 1% thing is in relation to how they determine a flood zone rating. X is something like .02 chance annual and AE is 1% and so on.

also as you know I'm sure AE is considered high risk. What year was the house built? That makes a big differance too.