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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /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: Aman Sidhu

Aman Sidhu has started 7 posts and replied 13 times.

Post: OOS Investor travelling to Birmingham March 12-15

Aman SidhuPosted
  • Lynden, WA
  • Posts 13
  • Votes 2

@Spencer Sutton that would be great! I am meeting with Spartan Monday, March 12th, but would be available anytime the 13-15 to meet up with folks. I really appreciate you reaching out!! -Aman

Post: OOS Investor travelling to Birmingham March 12-15

Aman SidhuPosted
  • Lynden, WA
  • Posts 13
  • Votes 2

I should also mention that if I do a rehab, I would like to start with more of a "remodel" so that I am able to start small and build up my risk tolerance. Remodel to me would mean add a bedroom/bathroom/new roof/etc. Basically, anything but a full gut and rebuild....thanks!!

Post: OOS Investor travelling to Birmingham March 12-15

Aman SidhuPosted
  • Lynden, WA
  • Posts 13
  • Votes 2

Hello, quick introduction as this is my first post on Bigger Pockets! I live in Washington State and currently own 1 rental home in my hometown. Prices in Washington State as a whole have become insane and opportunities to buy for cash flow have all but disappeared. After hours and hours of research, I have decided that Birmingham is at the top of my list for long distance investing. Currently, I have two options: Turnkey or BRRRR.

I will be visiting Birmingham March 12-15 to check out the town and get boots on the ground. If I go turnkey I am pretty deadset on using Spartan Investing. I have already heard Maureen talk on Get Rich Education and have also had a phone conversation with her about my needs/expectations as an investor. 

I would also like to make the most out of my trip and while I am in town, I would like to meet with reputable Real Estate Agents who cater to out of state investors and are real estate investors themselves. I would also like to meet with Property managers while in town. I tried searching through the forums before posting, but did not find any recent information that I could glean off. With that said, if there are recommendations for either of the above, or if there are active Agents and PM's on here that would like to meet with me, please reply or send me a PM.

Here are my expectations:

- I have cash on hand $150k for purchase and rehab prior to refinancing.

- I would like to focus on B and C+ properties only.

- Strategy is long-term buy and hold.

- Purchase price to Rent ratio = 1% minimum

- SFR to start off with, would consider multi-family in future based on performance/faith in team.

- Minimum 1 purchase 2018. Depending on performance, 2-3 purchases/BRRR's in 2019 and scale from there.

- Conventional 30 year fixed financing on homes.


Hopefully this is enough information, I look forward to hearing from you all!!