All Forum Posts by: Phillip Gomez

Thanks for your reply, I'll start shopping for some local credit unions and banks.  Would a construction loan be something to look into or would that be for a new build?

Hello BP community, quick question. I own a three unit property that I paid for in cash, two of the units were gutted and rehabbed in 2014 and I'm currently in the process of doing a renovation on the third unit that was already gutted when I bought it. Is it wise to take out a HELOC out on the property to finish up the reno, then once it is all stable with a renter could I do a cash out refi and pay back the HELOC and pull my initial money out? Has anyone else done something like this or is this a terrible idea?

Hello BP world, this is the first time I’m ever posting on the forums. I have been seeing some properties for sale lately that are half of a duplex and may work as a rental. I was wondering how does it work when something like the roof needs to be replaced?  Thanks for your time. 

Hey Paul, I work as an audio engineer and invest in rentals part time.  You would first need to record your audio.  You would need a mic and an audio interface and a computer.  Then you would record into your audio recording program.  I use Pro Tools and Logic Pro but there a ton of programs out there.  After you're finished recording then you would edit and make it sound the best you can.  When that's all finished you should just be able to upload it onto whatever podcast service you want.  There are a bunch out there.  If you have more questions feel free reach out to me.  Hope this helps.