All Forum Posts by: Peter Padalino

Thanks Craig...that'd be fantastic.

Just about to acquire our first rental in Maricopa, AZ and was hoping to get a recommendation on a decent property manager in that area...

Thanks!

Peter

Well, thanks in part to this thread and all the great info here at BP....we put in an offer to purchase our first rental property yesterday. 

Here we go!

Never ceases to amaze me the sense of community here on BP and the willingness of everyone to share such a wealth of knowledge....thanks everyone for the advice. I think I'll make an offer today on that first rental!

Thx

Thanks everyone for the isight....really appreciated!!

Morning all!!...ok so I've been on BP now for 6 months and seem to have missed something really basic. My wife and I are committed to the RE business, but one question keeps popping up. How do afford/qualify to build a rental portfolio? We have a mortgage on our own home have a decent 6 figure income and have been pre-qualified for a second home purchase, but pretty sure we wouldn't be able to get financing for another and another....Is it simply a matter of finding alternate means of financing for additional buy and hold properties? I'd love to get some advice.

Thanks.

I've been on BP for several months now and have read books and listened to every podcast I can get my ears on... But somehow I feel like I've missed something pretty basic. I'd like to get started with the goal of buying and holding multiple properties for passive income, but am confused about how I'd get approved on more than 2-3 loans - including my residence. I'd like to start building a rental portfolio but I feel like I'd be out of money pretty quickly.....what am I missing here. Thanks

must be doing something wrong, but does anyone have a way to download the audio version of Brandon's new books via safari? Getting "safari cannot download this file".

Help would be greatly appreciated.

PP

Thanks for the input Bill....the good news is that the numbers do include all of the the BP Rental Calculator variables....ie vacancy rate, management, HOA, etc.

So what I'm hearing is that if we can utilize this home for our own vacation purposes when it's not rented, then the negative cash flow might make some sense. But understandably the lack of income out of a potential portfolio of properties would certainly be a problem regardless of long term appreciation. Gosh, after talking through it, now its sounds pretty elementary.

Maybe by spending more time in that market by living there part time would give us a chance to really learn the market intimately prior traditional investment....

Thank you all for the advice.

Thanks James...happy to be here.