Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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: Andy Mejia

Andy Mejia has started 19 posts and replied 37 times.

Post: Question for a lawyer?

Andy MejiaPosted
  • Posts 40
  • Votes 30

Hey guys,

I hope I’m putting this in the right place and just had a question. I just had my property surveyed and the property line includes 15-20 feet of what I assumed was the neighbors property. Can I create a legal document which allows the neighbor to utilize this land with the understanding that it is legally mine. And if either one of us sell the property we would disclose this to the potential buyers. This is in upstate NY and I just want to find out what the beat option would be if possible.

Thanks,

Andy Mejía

Hey Guys, 

Im wondering what are the best markets to invest in for the brrrr method. Currently investing in Ohio and North Carolina but I wanted to know if there were any specific markets with low entry level purchase price and decent cash flow. Currently live in NY and I should be getting my 3rd property here by the end of year and will be house hacking this one. Any suggestions?

@Harry Allman

Hey brother,

I just passed in January 6th and it took about a month to get my score and be able to apply for a sponsorship. Take this time to get to know all the agencies and find the right location that fits your needs. Trust me, appreciate the time and make good use of it. Even if you think you know where u want to work.

Good luck

Post: Scaling in Real Estate

Andy MejiaPosted
  • Posts 40
  • Votes 30
Good Morning Guys, So I currently have two properties and I am working on attaining two additional properties within the next 90 days. I have a refinance being completed on one hand, and I just got a hard money lender to approve a loan for me on the other. I am still a new investor and I have been putting in a lot of work every single day but I want to be able to ride this momentum that I am gaining right on into 2022. I am worried that the hard money lender will not lend me money after putting two houses under contract. What should be my go to next step to secure an ongoing funding relationship so I can continue purchasing investment properties (BRRRR) and should I just simply reach out to other Hard money lenders and just do business with different ones and scale that way? Additional Questions*** How do you structure your bank accounts in preparation for new rental properties? Do you have a business account? Best method of organizing your accounts and does it matter which bank you use? Do you utilize different banks for different rental properties? Thank you for your time! Andy Mejia

@James Hamling

There was no need for any of that. Not sure if you are having a bad day or if you were just in the mood to piss someone off but I don’t see how this helps anyone nor helps you when it comes to networking with others.

Post: Zoom Virtual Meetups

Andy MejiaPosted
  • Posts 40
  • Votes 30

@Max Kar

Hello, I’d love to join as well if you find something. Please share with us if so.

Thanks,

Hey Michael,

Im a new investor and would love to connect with you about the Ohio area. Looking for an area to invest in and would love the opporunity to hear your thoughts. 

Thanks, 

Originally posted by @Michael Reisman:

@Sara Waters

Columbus, OH is a great place for investors. The population and job growth has contributed a lot to the real estate market. It is competitive, but I would definitely recommend looking into it.

@Mike McCarthy

It’s only about 2 years old. The previous owner got it changed before I bought it.

Hey guys,

So this was my first winter as a landlord and I hate that this house has oil as it is way more expensive and requires you to allow entry for the oil companies. Do you think that it would be worth it to switch entirely to gas at some point? Also, I can not put in a Smart thermostat since it does not have a Y cable. Any ideas on what I can do to save money both with the oil and maybe a hack to get in a smart thermostat?

Thanks,

Hey Guys,

I am looking to invest in Allentown, PA and I was wondering if someone could help me out with some contacts. Im hoping to find a core 4 in allentown if anyone has contacts. Im looking for properties and I dont feel comfortable making deals without those guys. Any help is welcome. 

Thanks,