All Forum Posts by: Nate Kovaly

Hello all,

I was wondering if you guys could give some advice to me on where I should look to further my education in rental real estate. I am unfortunately (or fortunately) loosing my job in 3 months and wanted to know what your thoughts on where I should be looking for a new job, that would allow me to surround myself with people in that field and learn more about what i want to get into. any advice would be helpful and I thank you all in advance.

thank you all for your advice and suggestions! I really do appreciate them.

Hello all,

I am looking to get into rental real estate, however I am in Massachusetts and I was wondering if I should start in MA or look into other markets out of state? 1) because it is expensive 2) there are more laws in favor of tenants.  If anyone has any advice and want to reply or PM me, please feel free to.

Thanks, nate

Thank you all, that really helps. I do tend to overthink things sometimes so ill have to work on not over complicating the details. I appreciate the quick and informative feedback.

ok thank you. I was thinking for example you borrow 50k put it into a BRRR, refinance and get the 50k back. you are able to pay back the 50k loan (from whoever) but I'm not sure on the how to pay the interest that was agreed upon.

Hello all, I am nate and I am new to BP and learning about real estate investing. I have a question regarding on how to pay back OPM when doing a BRRR investment. I understand the refinance part and paying back the original amount borrowed, however Im not sure on the interest part that is owed. would I have to make sure I get enough from the refinance or pay them the interest over time or is it completely different for each situation?

I hope that makes sense.