All Forum Posts by: Wale Lawal

@Erik Epperson

You're on the right track looking for a small multifamily or a house hack in Indianapolis, especially with properties sitting on the market. While Mass Ave is highly desirable, you might find better deals in up-and-coming areas like Near Eastside, Riverside, or Mapleton-Fall Creek, which offer solid appreciation potential and rental demand. Focus on neighborhoods with ongoing development, strong rental markets, and good property condition to maximize cash flow.

Good luck!

 You are welcome.

@Abigail Joanna

Adding a tiny home as an ADU can generate immediate rental income and help offset your mortgage, but it depends on your local zoning laws, financing options, and long-term investment goals. If cash flow is your priority and the ADU is allowed, it could be a great way to maximize your property's potential. However, if your goal is to scale into a larger property, saving for a down payment on your next investment might be the better move. Run the numbers on ROI, rental demand, and financing before deciding. DM me if you need help analyzing your options—I'll point you in the right direction!

Good luck!

@Ravi Pamarthi

Since your goal is cash flow and scaling a portfolio, a multifamily property (duplex, triplex, or fourplex) may be the best starting point, as it provides multiple income streams and lowers vacancy risk. Out-of-state investing can be a great strategy, but focus on landlord-friendly markets with strong rental demand—places like the Midwest and the Southeast (e.g., Ohio, Indiana, Alabama, and the Carolinas) often offer better cash flow. With your savings, consider 20-25% down on each property to qualify for the best financing. Start by analyzing cap rates, rent-to-price ratios, and job growth in different markets before making a decision.

Good luck!

@Trevor Newton

Welcome to BP!

It's great that you're exploring wholesaling, fix-and-flips, and BRRRR strategies. Since you're open to investing nationwide, start by analyzing markets with strong cash flow and appreciation potential. Focus on networking with local agents, and investors to find off-market deals and build a solid deal pipeline. Consider joining local REI groups, BiggerPockets, and online investor communities to connect with like-minded people.

Good luck!

@Luca Papa

It's great that you're starting early! Since you're interested in short-term rentals (STRs) and BRRRR, focus on building credit, saving for your first deal, and networking with experienced investors. For Airbnb, research local regulations in Las Vegas, learn pricing optimization tools, and consider co-hosting to gain experience before owning. For BRRRR, start by analyzing distressed properties, understanding rehab costs, and learning about hard money and refinance strategies. Leverage BiggerPockets, YouTube, and local REI meetups to build your knowledge.

Good luck!

@Nikol Catino

Using your paid-off condo as collateral could help you leverage equity for your house hack, but with a $60K income and a 640 credit score, your loan options may be somewhat limited. Consider a home equity loan or HELOC to tap into your condo's value while improving your credit score to qualify for better mortgage rates. Also, explore FHA or VA loans (if eligible) with low down payments to maximize affordability.

Good luck!

@Tiffany Alfaro

Getting your real estate license can be beneficial if you're serious about finding off-market deals, saving on commissions, and scaling your multifamily investments over time. As a house hacker and future investor, it could help with deal flow, market insights, and direct MLS access, but it does come with time commitments and disclosure requirements. If you plan to be hands-on in acquisitions and networking, a license might be worth it—otherwise, working with an investor-friendly agent could save you the hassle.

Good luck!

@Austin Pond

You're in a great position to house hack using your VA loan, especially with $0 down and no PMI! Since you're targeting East Nashville and a budget under $350K, focus on finding a single-family home with rentable space—like a property with a basement unit, extra bedrooms, or a garage apartment. Start by connecting with an investor-friendly agent, analyzing potential rental income to offset your mortgage, and moving quickly since your lease ends in October.

Good luck!

@Gopi Goswami

That's a great starting point—buy and hold investing is a solid way to build long-term wealth. Since you're already learning from BiggerPockets, focus on finding cash-flowing properties in strong rental markets and understanding financing options like conventional, DSCR, or house hacking loans. Start by analyzing deals, networking with local investors, and setting clear goals for your first purchase.

Good luck!