Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

33
Posts
12
Votes
Reyes Velasco
  • Investor
  • gardena, CA
12
Votes |
33
Posts

new to BP. next moves

Reyes Velasco
  • Investor
  • gardena, CA
Posted
hello I am new to BP. And wanted to see what you would suggest for my next moves. currently I own 1 single resident in Eastpointe michigan which I bought all cash and I rent collect 950. I have a duplex in Detroit which I bought cash, for 23,000 and collect 900 in rent. I have a riverside house that I bought for 185,000 and rent it for 1,300. I put 20% down hi have a multiunit in Compton which i bought for 220,000 I collect rent for 2,100. I put 25% down. i have a Barstow house that I bought for 59,000 and collect 750 in rent. I put 20% down I have really haven't done the math to see what I really cash flow or follow any rules yet, that's why I joinBP. but now I want to take my business to the next level and get organized. I want cash flow as my goal. I still have 60k still to invest. so I want to see if you guys have suggestions for my next moves. I want to continue to buy out of state. Indiana, Ohio, Michigan, are some that come to mind

Most Popular Reply

User Stats

792
Posts
334
Votes
Wendy Patton
  • Specialist
  • Clarkston, MI
334
Votes |
792
Posts
Wendy Patton
  • Specialist
  • Clarkston, MI
Replied

Hi Reyes,

Are you in California or in Michigan? There are a bunch of questions I could ask, but mainly what is your idea of organized? Are you speaking of goal setting, organizing and figuring out your current cashflow, or whether you may be looking to get into another area of investing such as buy and flips?

  • Wendy Patton
business profile image
Michigan Real Estate Investors
5.0 stars
6 Reviews

Loading replies...