All Forum Posts by: Alisa Hilton

A friend and I are looking to buy a multi-family home with two units and plan to live in each unit separately. We would like to have a formal agreement written up for various considerations- ownership %, repair and maintenance costs, etc, basically how we will operate everything. 

I would like to get a template to get started and then have an attorney review it from there. Does anyone have a good template they have or can recommend? There are so many online that is hard to navigate what is the best option.

Other fun facts to consider: 

We are in CA

There is an opportunity to have an additional ADU added to the property

we are not considering forming a LLC or the like at this time

THANK YOU BP Peeps !

@Alex Olson thanks! What do you like about KC over other cities ?

@Zeke Liston thanks for your response! What’s your reasoning for suggesting Columbus ?

@Dan Heuschele Hi Dan! Thanks for the feedback. Yes I would love to invest in SD , but it’s just seems so unfeasible. Maybe these global events will change that... anyways I hope to stay connected to you and talk later down the line especially if San Diego does end up being where I invest! Thanks!

Hi, My name is Alisa Hilton and I'm from San Diego, CA and I want to be an investor in buy and hold out-of-state rental properties (how's my lingo so far?) I've never done anything in real estate except my parents did own and manage a beach front vacation rental when I was growing up and I know it is a lot of work! Right now I'm working full-time as a sales manager for a food company which I love, but I'm dreaming about passive income and financial freedom too! 

I have been listening to the Bigger Pockets podcasts, attended the webinars, and read Brandon Turner's "The Book on Rental Property Investing" and everyone's favorite "Rich Dad, Poor Dad". Needless to say, I've done my homework and taking all the advice! Now I have started analyzing deals on Roofstock.. (how does everyone feel about Roofstock? Scammy?) I've got my floaties, goggles, and swim suit but I'm not ready to take the plunge! Partly COVID related fear, and partly newbie fear.... So I'm looking to connect with anyone that wants to talk shop! 

I think where I am having trouble is selecting where I want to invest... The world of RE investing is boundless! So any tips on how to select a market would be fantastic. 

Thanks for reading my post and I hope to connect with you soon!! 

PS I want to add that I am serious about investing and the time you decide to spend on me will not be in vain! I promise!