All Forum Posts by: Ally Alvarez

Rookie investor searching for first investment property. 

It has been recommended to attend a local meetup, but what do I say? What ways can I prepare myself for these type of events. 

Long story short- I am wondering if I am in a position to get started with real estate investing or if I should take care of debt first. 

Single income (married with kids) and own primary house with $250k+ in equity. Also fair amount of debt (2 car notes, Heloc used to remodel primary house). 

With those details, I am wondering if we should use the equity in our home to purchase an investment property? Or wait until we have 2 incomes to build more of a solid financial safety net. 

Is it good if there are a lot of rentals available? Or, does that mean too much saturation? Is less availability bad, meaning not many wanting to rent? How do you analyze the need for renters for both ends?

Do school ratings matter for SFH?

As a beginner, I understand running the numbers as far as rent comparables, but also know there's more to consider than that. 

For OOS Investors, how do you analyze a market? I've read several books, listen to several podcasts, but the market analysis question seems to be answered vaguely (research growth, rent comparables, job opportunities, etc) 

Am I making it more complicated?

Thank you all for this helpful information! 

Hi my name is Ally and I am new to Bigger Pockets and the world of real estate investing. 
I'm searching for a REI Mentor who needs an assistant/intern.
I can commit to 5-10+ hours a week helping you grow your portfolio while I learn the ins and outs to hopefully grow mine as well.  
Let’s chat and see if we would be a good match.