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All Forum Posts by: Precious Thompson

Precious Thompson has started 206 posts and replied 310 times.

Post: Difference in Property Values

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Why is it a big difference in how expensive properties are In the city versus down south areas , what is the major reason you can get more for your money in a property down south oppose to living in the city? 

Post: Investing in Low Income properties

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Thank you guys so much for the advice.

Post: Emergency Funds

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

How much Emergency funds should a new investor have saved for buying there first rental property , possibliy a dulplex property?

Post: Estimating Repair Cost

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

How much is a typical fee to get an estimate for repair cost from a contractor?

Post: Investing in Low Income properties

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

What is the most important thing that a new investor needs to know about investing in Low income areas?

Post: Old Properties

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Is it a good idea to buy old houses why or why not?

Post: Becoming an Agent

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Is a good idea to become a Real Estate Agent before investing in your first property?

Post: Investing in more than one property

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

After purchasing a duplex does it have to be owner occupied for the first year or can you rent both sides out to tenants and will the down payment for another property require the same steps as the first one ?

Post: Finding a Real Estate Agent

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

How do I find a good Real Estate Agent when investing in my first property?

Post: Gaining Experience

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

How do I gain experience just starting out in Real Estate and wanting to become an investor if I do not know anybody in this field ?