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All Forum Posts by: Eric Stugart

Eric Stugart has started 29 posts and replied 80 times.

@Umar Awan thank you! I don’t use anything yet I’m still in the learning stage.

Post: FHA Loan Experience

Eric StugartPosted
  • Posts 82
  • Votes 20

Can anyone who started out investing by using the FHA loan strategy please tell me their experience and how they did it? Please share any advice you have I would greatly appreciate it, thank you.

Post: FHA Loan Experience

Eric StugartPosted
  • Posts 82
  • Votes 20

What are some of the best real estate investing apps available for finding deals and driving for dollars? What do you use?

What are some of the best real estate investing apps to find deals and driving for dollars apps that are out there? What do you use?

@Isaac S. Ok awesome, thank you very much for your response.

@Nathan G. That’s a good idea thank you.

@Kevin Sobilo thank you very much for the advice.

I understand there are certain laws that landlords have to abide by. I was dating a girl who had told me that her landlord would just walk into her apartment whenever he wanted unannounced and this was while she was in college rooming with like 4 other girls! In hindsight I should have told her she could get him in serious trouble but I didn’t know she could at the time. I read that landlords have to tell their tenants when they are coming and get permission most of the time to go into their apartment. What are the penalties for a landlord walking into a tenants apartment unannounced? Any and all responses are appreciated, thank you.

Post: How much money to get started

Eric StugartPosted
  • Posts 82
  • Votes 20

I just recently spoke with a real estate broker that I went to high school with. He told me that in order to get a loan for a 2-4 unit multi family house I would most likely need at least $100,000 to get started and get the loan to purchase the property here in NJ. This is a bit discouraging because it kind of seems a little unrealistic for me right now and I need to wait longer to get the money and to take action. Is there any insight or anything anyone can tell me on whether this is true or if there are other ways to get capital? Any and all advice is greatly appreciated. Thank you.

@Michael Ablan Hi Michael, I’m real ok y glad I saw your post. I too am a lone wolf and would rather do everything myself but everywhere I turn I read things that say to get a good team behind me. I am nervous about getting swindled or things going south with someone. Could you please tell me how you got out of your comfort zone and got a team together? What were the steps you took?