All Forum Posts by: Brendon Grover

I am currently reading The Book on Flipping Houses by J. Scott.  It is extremely detailed and teaches a lot to a newbie such as myself.  I also have been listening/watching many podcasts with Brandon Turner and Josh Dorkin, which are incredible and second to none when it comes to real estate investing material.  They all can be found under the Education tab on the top of the page, then select podcast.  Listening to many guests on the podcasts, they have led me to purchase Rich Dad Poor Dad and Cashflow Quadrant by Robert Kiyosaki, which I have not begun yet but cant wait to start.  Overall I would HIGHLY recommend you begin listening to podcasts, they are awesome and I have learned a great amount over the past couple of weeks.  Hope this helps!

Thanks @andrew postell, the reason I asked is because my family and I plan on building our home within the next two years.  I didn't want it to effect my chances of getting others for investments.

Thanks guys!

Thank you all!

@Jon Peterson My opinion would be just add the parking pad, make it look nice and be done with it. I am currently seeking out duplex properties in my farm area and I don't see an advantage of having a garage for renters. Plus, you would have to make a double garage with two exits no? Not sure if thats what your numbers were figured out for. Last of all i think the best decisions are the ones to know when to not go overboard and do all you need to, no less/no more. I think the ARV makes that decision for you..Best of luck!

Hi all, I'm new to the REI business and have many questions. One is my thought on mortgages and how they work. My goal is to start off by buying a rental property (duplex) and house hack it, it needs updated interior only. I would continue to own the property after my family and I move out of it and keep it as cash flow. My question is since I am not wealthy enough to pay cash for the property I would be using a loan. How many loans/mortgages can an individual take out to purchase other properties? Is there a limit or a restricting factor to the possibility? I look forward to the expert advice BP has to offer! Thank you all

What options does the buyer have of a rental property (duplex) that currently has a tenant? I understand and would never expect a family to move immediately due to a new owner of the property, but this property would be an advanced cosmetic rehab involving new appliances, flooring, cabinetry, and obviously I would like to do all of this prior to having it rented.  Any knowledge on the matter is appreciated.

This may be off topic slightly, but heres a question I have been wanting to ask today.  If the seller of the property still has an apt rented out, what would the buyers options be if they did not want the tenant occupying?

Thank you for the great advice @Jeff Kehl. I apologize if I am not being perfectly clear, I'm still learning the entire REI business. It is my plan to keep ownership of the duplex after my owner occupancy is concluded and cash flow both apartments. The main reason i plan to owner occupy is to save money for future investments. I plan to update both apartments for future rentals, no consideration as to selling the property when my family and I move out.

@Joshua Meyers This is good to know! Hopeful to have some interaction in the near future!