All Forum Posts by: Amy Sommers

Wow! Thanks to all who provided additional insight. 

Thank you, @Jason Monroe!

Amy from AL here...what is cap rate? What's a good cap rate and why? What's a bad cap rate and why? 

Yes...definitely!

Thank you all for welcoming me into the real estate fold. I believe I'm in the right place!

Thank you @Michael S. I'll be sure to add that to my library.

Thank you all!

How do you get to the amount of equity a property has?

@Josh Schneider Congratulations on relocating!! I relocated to AL from NC. Rented my 2 bedroom townhouse through a property manager. A reputable PM will give piece of mind. Good luck and enjoy the journey! 

Hello all! Well, I had the privilege and pleasure to take part in the webinar "An Intro to Rental Property Investing" and it really helped in regaining my focus on MY WHY. I'm currently a licensed life insurance agent in the state with a property being rented in NC. I had enough knowledge to understand that hiring a property manager was the best way to go since I am out of state. 

I joined this site and was hooked by all the information that is readily available! Amazing!

My goal is to purchase 2 multi-units (I will house hack) and possibly a commercial property.

Financing is subject matter that I definitely need more information on and hope to get ideas here.

After doing some research, there is definitely a need in AL to have a BiggerPockets network group. :)