Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Allyssa McCleery

Allyssa McCleery has started 24 posts and replied 255 times.

Post: 20k to start, and 20k a year saving, what are my options?

Allyssa McCleeryPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 262
  • Votes 136

@Robert Ellis absolutely!

Post: Every home seems to cash flow??

Allyssa McCleeryPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 262
  • Votes 136

@Andrew Johnson How do you obtain this information? Is it public record? Or when you are seriously considering buying a property do you have the previous owner show you receipts? 

Post: 20k to start, and 20k a year saving, what are my options?

Allyssa McCleeryPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 262
  • Votes 136

@Robert Ellis my hope is that as I continue onward I will be able to buy properties for less than 20% down, exploring my finance options as much as possible. I am definitely interested in buying MFH in Columbus but starting out I will buy here in West Palm. Thank you for your post I really appreciate the advice! 

Post: Every home seems to cash flow??

Allyssa McCleeryPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 262
  • Votes 136

@Andrew Johnson What is a T12? Does this provide information for most rentals in most markets?

Post: 20k to start, and 20k a year saving, what are my options?

Allyssa McCleeryPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 262
  • Votes 136

I am new to the real estate world and my current situation is as follows: I have 20k currently saved and am expecting to save another 8-10k by the beginning the end of May. I project that I will be able to save roughly 20k-25k a year for the next 3-4 years and then I would be switching jobs in which I would not be able to save as much (I want to teach in an elementary school). I currently live in West Palm Beach but have the ability to invest in Columbus, OH (where I am from) if the cash flow is better. My goal is to buy enough rentals and hold them to generate 3k/month net income with the rentals before I switch jobs. What are some strategies that would enable me to be able to buy 3 properties a year with the kind of money I have?