All Forum Posts by: Allan Tualla

@Bob Stevens

 Thank you so much! this definitely helps!

-Allan

 @Joe Villeneuve

Thank you so much for the comment! yea i mean it could be a combination of both. I have a goal in mind, i know what properties i want to aim for and I know the CoC return to aim for. what i fear most i guess is the inherent dangers that come with investing and how to handle it when it arises as a new invester.

Im currently aiming for medium to long term rental properties in the small multifamily space. Ive gotten good information from others here in regards to expenses (esp cap ex items) and in general I know i want to, at the very least, have an 8% CoC return. I have the tools here from bigger pockets (rental property calculator) and generally just plug and play, however i know things vary from property to property. Just looking for more advice to better equip myself for purchasing my first property and so on

Hello everyone,

I feel like I've been stuck in the whole analysis portion of realestate, from reading books, watching pod cast and now joining the bigger pockets forums. with that being said how did you all get out of the "analysis paralysis" portion of investing. what made it easier for you? I've heard that the first property was the hardest and it gets easier from there, but what ultimately pushed you to finally make that first purchase

@Scott Scoville

This helps a lot! thank you so much for the information! ill definitely keep this in mind when looking around. would you say that if i were to look around the Lodi area (10 mins outside of north stockton) that i should go for class A neighborhoods as well? Looking at multifamily houses around stockton in class A neighborhoods are few and far between.

 @Nathan Gesner

This helps so much! Thank you for this information! i will definitely keep this in mind when looking at properties. what percent / value do you save for your cap ex?

@Doug Smith

haha yea I work the noc shift so I'm generally up during the night haha! Thats great advice! thank you so much! how did you get in touch with someone with experience? I'd definitely like to find someone like that who I can pick their brains. thanks so much for the reply!

@Noah Laker

 Thanks so much for the information! that would be great! i'll send you a DM!

Yea I definitely want to start in my own backyard so to speak so I can get some hands on practice on what to look for.

what type of COC return do you tend to go for in the Sacramento area?

Hello everyone, 

Im new to the real estate investment space and would like some advice. I want to begin my realestate journey with multi family properties. More particularly duplex, triplex and quadraplex. With that being said I was wondering what are things you look for with these type of properties that usually boost your ROI (ie seperate meters) and what are common problems you find with these type of properties. what would you do differently as a new investor with these type of properties with the experience you currently have now.

thanks for the help!

Hello Everyone,

Im looking to get into the investment space and trying to gather information so I can better calculate rental properties in the greater Sacramento Ca and Stockton Ca area.

Question 1: what are the avg expenses in the area of Sacramento / Stockton Ca such as tax, insurance and utilities.

Question 2: what are the repairs that cost the most and the average life span of these items such as water heater, roof etc

Question 3: what are things you wish you knew as a new investor that you know now.

Im new to this space so any information helps. thank you all!

This helps a lot! Thank you so much!