All Forum Posts by: Amber Koontz

I'm 26 and very new to real estate investing. I've been absorbing all that I can for the past month or so, work-research-work-research-weekend (research) repeat! I will start out with a duplex up to a fourplex, owner occupied for the required yr and then refinance and purchase another. Around the same time of my first purchase I also want to purchase a SFH (buy and hold). Later down the the road I will get into flipping. I started out with 3 solid niches, but from being active on BP has brought me to about 6. After learning more I'll be able to key in on the ones that still make sense after aquiring more knowledge on them. Good Luck to everyone!

@Doug McLeod Thanks. I'm going to listen to that. Bigger Pockets is already amazing, and then they add #AskBP!!! What I have to do is keep learning, networking, and saving for my first investment. 

@Tony Duran realtor.com app, har, and Zillow👍🏼

@Jermaine Williams Hello again. I use the  realtor.com and har app a lot. This one in particular came to me via email alert from realtor.com. I know this was a great deal, I just know it. I believe once I really know what I'm doing I'm going to be upset again! Lolz Too much of a beginner to make a move, but had it not been taken I do believe it would have been a great deal. (Buy and hold wise) Try out those apps Zillow is great as well, maybe the best because of the analysis provided.

@Eli F. Do you have any connections in Houston?

@Vinh LeHello, welcome to the greatness that is Bigger Pockets! To piggyback off Matthew, here's a great read on Comps. 

http://www.biggerpockets.com/rei/real-estate-comps...

I saved this as a favorite.

@Roy N.  Thank you for the information. Good luck to you on your five year goal! 

@Ariel O. You have a great resource there👍

I hear a lot of caution should be taken with flips. One minute your rehab cost is here and then the next "Houston we have a problem!" Partnering could be great, buy someone with your same goals. I'm thinking of partnering with my brother, but I think I'd like my first investments to be on my own. The idea of more collateral with a partner is very enticing. I'll be attending a local REIA event next month in which I'll be doing a lot of networking. Just looking for likeminded minded individuals that I may one day work with. You should keep an alert for your city and attend one. Start a discussion on here for what your looking for and I'm sure you'll get great feedback! I try to be active, so I'm sure we'll talk much more. Good luck to you!

@Jerry Padilla i hope you do not mind me tagging you. You are my go to guy, you have so much knowledge!  How many loans can someone have on properties? I know you can use them as equity, but is there a limit? A point where you must completely pay off a loan before moving on? (Buy and hold wise)

@Amber Stevens maybe @Jerry Padilla can be of some assistance