All Forum Posts by: Diane Bonheur

Hi all! For the past few weeks I've been researching various markets, and I have narrowed down my list. One of the markets I'm interested in is Cleveland, Ohio. It's not within driving distance from where I live, so I'm wondering how do I begin searching for my core 4 in Ohio. TIA!

Hi everyone! Some of you may have seen my first post already, but I thought I would officially introduce myself to the BP family. I'm Diane :) By day I'm an executive assistant to c-suite execs, by night I run my own virtual assistance business, and 24/7 I think about investing in multifamily homes. From the good advice of other BP folks, I've decided to wait a few months to purchase my first multifamily property. It will definitely be an out-of-state purchase because markets near me are way too expensive - I'd love to hear suggestions on different areas. I look forward to interacting with you all!

 Thank you! NJ is looking like it won't be the ideal place for me to purchase a property. I've heard it isn't landlord friendly

@Rob Lawrence hi Rob! I just sent you a message with my connection request 

@Bradley Buxton I'm so glad you commented because you just reminded me I have family in NV - they just moved there. I will definitely look in to that market and keep you in mind. Thanks! 

That's pretty much what I'm hearing from everyone and thank you for the advice! I didn't even know about this association - I'm excited :D 

@Nicholas L. ideally I'd like to live in the unit but if I have to purchase something out of state then no

 I'd live in the unit depending on the location. If it's out of state then no. With rates being astronomical, what would you suggest?

Hi everyone! Recent lurker and learner here. I'll cut straight to the chase - I have $100k cash and I'd really like to buy a 3 or 4 unit multifamily. Yesterday my job was eliminated, so my main source of income is gone, however, I have $1,425/mo coming in from a condo that's paid off. I spoke with my mortgage broker and she advised as long as the numbers make sense, I can still purchase an investment property. 

I was scouting out towns in Rockland and Orange Counties, but (as some of you may have already guessed), the prices of homes in the area are ridiculous. Based on my future goal(s), I'm aiming to purchase a multi with good cash flow and I don't think that'll be possible in the surrounding markets.

With that said, I'm considering looking into Pennsylvania and Delaware....maybe Jersey too? They're all within reasonable driving distances for me. I've been looking into all 3 states over the past few days but would love to connect with and hear from anyone familiar with the markets. 

Thanks in advance!