All Forum Posts by: Steve Sendldorfer

Thanks @Matthew T. are you a section 8 investor?

I like the section 8 model and I have a friend who invests in section 8 as well so I feel comfortable starting there. 

Hey BP! I am looking in a new area to buy some "but an hold" low income rentals in Edgewood Maryland and I am not sure how to go about finding the areas where section 8 rents well... can someone point me in the right direction? Thanks for the help!

Of course! Thank you I don't know why I didn't think of that in the first place

Hey BP! I was looking to see if someone could point me in the right direction here, we were watching a house on a action website and were curious as to what it sold for but are not sure how to find out. Anyway we can find out? We don't have access to the mls

I did not realize as my portfolio grows my LTV and cash out ability is reduced.... that's defiantly something i need to keep in mind moving forward. thanks Bill

ok perfect that makes sense thank you for explaining it

Hey BP,

so one of my co-workers asked this question which I thought was a good one and wanted to see what BP thinks.

Ok so he asked me what is the benefits of doing the BRRRR instead of a traditional mortgage? I was under the impression if you used BRRRR you could get a larger portion back out verses the regular loan were you get a percent of the equity? Am I thinking about this right?

That county might not be operating out of the 2014 NEC. They might be a few code cycles behind. Also authority having jurisdiction could play a part in this. For example the code says there must be 2 dedicated branch circuits for the kitchen counter tops. In Harford county the authority having jurisdiction ( county inspection office) says they want 3 dedicated branch circuits for the kitchen countertops

Sure no problem let me know if you have any questions, I am interested to hear what they have to say