Skip to content
×
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
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
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: Amado Cruz

Amado Cruz has started 1 posts and replied 17 times.

Post: Looking to start investing on rentals... any thoughts?

Amado CruzPosted
  • Investor
  • Pembroke Pines, FL
  • Posts 17
  • Votes 11

@Steve K. Thank you for that sound advise!  I really appreciate it... sometimes, you get focused on the metric and loose track of the overall strategy.  thank you for keeping me grounded and will keep that in mind as I look for that next opportunity.  Thanks again.

Post: Looking to start investing on rentals... any thoughts?

Amado CruzPosted
  • Investor
  • Pembroke Pines, FL
  • Posts 17
  • Votes 11

Thank you @Caleb Brown.  Great suggestions!

Post: Looking to start investing on rentals... any thoughts?

Amado CruzPosted
  • Investor
  • Pembroke Pines, FL
  • Posts 17
  • Votes 11


Thank you @Ola Dantis for your great advice. I do have a long term perspective, but worried about market downturn... but based your comment, if I am buying long term this should not be an issue. With regards to cap rate, correct.. is one of many metrics I am looking for...Any others you use?

With that said, any suggestions on market where I can invest $50-$100K with high ROI? I heard Omaha is great. Denver, Kansas City, Des Moines, Sioux City, and Sioux Falls being good, stable and consistent. Iowa and Nebraska is better for taxes and appreciation options. Any thoughts on Atlanta and Houston?

@Jody Sperlingundefined

@Ola Dantisundefined

Post: Looking to start investing on rentals... any thoughts?

Amado CruzPosted
  • Investor
  • Pembroke Pines, FL
  • Posts 17
  • Votes 11

Thank you so much for those ideas @Jody Sperling those are fantastic suggestions.  I appreciate you sharing and would love to research them asap. I appreciate it.  

Post: Looking to start investing on rentals... any thoughts?

Amado CruzPosted
  • Investor
  • Pembroke Pines, FL
  • Posts 17
  • Votes 11

Thank you @Jonah Kolsrud for the advice. That's the key as you mentioned.  I live in near the south Florida area, and the properties here are way out of range for me. Hence, why I am lookin elsewhere.  That said, any thoughts of your own where to focus (States/cities are good) that way I can have a reference where to increase my success factor.   Thank you again.

Post: Looking to start investing on rentals... any thoughts?

Amado CruzPosted
  • Investor
  • Pembroke Pines, FL
  • Posts 17
  • Votes 11

Thank you so much @Jody Sperling that's what I thought...  I appreciate your candor and guidance.  Any thoughts on markets?  thank you again.

Post: Looking to start investing on rentals... any thoughts?

Amado CruzPosted
  • Investor
  • Pembroke Pines, FL
  • Posts 17
  • Votes 11

Hello to the BP community. I have been so impressed by many of you that have simply given back to the community with great guidance and worth a lot! Looking for your guidance once more on a simple topic: Where should I invest (markets) or should I hold? I am looking to BRRRR or simply buy and rent with a high cap rate.

A) Any suggestions which markets have the best opportunities?  Looking to buy a couple of properties with the goal of increased cashflow, high cap rate, etc. 

B) I have heard from some of you to hold for a few months as inventory is likely going to start opening up due to foreclosures/shortsales, gov restrictions on evictions, etc.  Should I hold or should I continue with A)? Looking for your hones opinion. 

Thank you very Much!