All Forum Posts by: Donato Callahan

After owning properties C/D neighborhoods with high crime statistics, I have experienced all of the things that go along with it: 1) High turnover rate; 2) Tenants that don't care for the property; 3) Little/No appreciation in home value; and 4) High Crime Rate (burglary, vandalism).

I am pretty tired of fixing broken windows, fixing broken doors/locks, and painting over graffiti. So I am looking for a change and a friend recommended Appleton, Wisconsin. So far, my research shows a good mix of demographics, population, incomes, AND the crime stats seem pretty low... lower than the national average.

Anyone investing in Appleton, WI and willing to share your thoughts/experience?   

Hello everyone, my name is Kay. I'm new to investing. For the past few weeks, I have read many posts on BiggerPocket and learned so much about real estate. Thank you so much for sharing your knowledge and wisdom.

I'd like some advice on where to buy my next investment property using a DSCR loan. Right now, I'm house hacking - owning a three-family house in NYC and renting out the other two units. I want to buy an investment property out of state, and I'm considering Fort Worth, Phoenix, or Durham (NC). I plan on moving to the West Coast in the next 2-3 years, so considering that, I'm leaning towards Fort Worth or Phoenix only because my goal is to keep investing and buying properties, and it'd be easier if I lived nearby. What do you guys think about those places? I'm still very early in the buying process, so I'm open to all suggestions (I hear good things about Waco, Texas?)

Since this is my first time buying an investment property, I also wanted to get your feedback on my thought/research process and know if I'm heading in the right direction. This is what I have done so far in terms of the research on the area:

1. - I looked up the rent on Rentometer and Zillow.
2. - Did a quick city search on Areavibes. Looked at the job market and medium incomes. 
3. - Looked at a few properties on Zillow, plugged the numbers into a DSCR calculator, and calculated the Cap rate.
4. - Looked at the property tax. I learned that Texas has the highest property tax and Arizona has the lowest. Does this play a huge role in - buying investment properties?
5. - My next step would be talking to lenders and realtors in all three cities to understand the current market better.

I'm also thinking it might be better to buy near hospitals/universities/tech companies/factories.

Am I missing anything, or is this typically the research one should do before buying an investment property?

Any help is appreciated!

I just bought four SFH outside San Antonio and the cash flow is minimal but bought them for appreciation and tax benefits.

Before I start marketing them I was consider a the mid-term rental option for one of them. 

I'm aware of AirDNA for AirBNB data but how do you do market research for mid-term rentals? 

Any help would be appreciated. 

Hello looking to break into the US market in 2024. I have 1 unit in Toronto Canada and want to look for opportunities across the border. If any one has experience with this it would help (Mainly the lending process) Toronto is a vibrant city with lots of renters but it’s also expensive and renters have more rights than landlords. 

Does anyone have any tips on starting out for out of state investing. I found a property that seemed would work but a lender that I was referred to said they wouldn't be able to finance the loan because I lived out of state and they do not like doing something like this. Should I invest in my area? Problem is in my area the barrier to entry is so high it would take me so much longer. Any suggestions ?

I have a house that I've been using as an airbnb and had some questions about the market if anyone has some insight.

Thanks!

Edit: In particular, wanted to know about LTR potential and growth potential of the area in general. I'm not too familiar with the area and wanted to pick the brains of someone who knows more. Thanks!

Hello everyone, for the past several months I have been passively educating myself on RE investing by listening to BP podcasts, reading through these forums, and analyzing some multifamily properties using the BP calculators. I am eager to begin building my portfolio with a focus on long term hold duplexes to start, but I want to make sure I am not getting too far ahead of myself too quickly. 

I currently live in New Hampshire where it seems like entry prices for 2-4 units is pretty high (that is, if there are more than a handful for sale at any given time) so I'm not sure that this would be a good market to start in. With that being said, my curiosity has since shifted to out of state investing courtesy of these forums and BP podcasts. I have a pretty good understanding of the importance of building your "Core 4", but admittedly the thought of investing in a property you likely won't see in person is a little daunting. 

I am currently looking in the Columbus, OH area and have also read some positive reviews about the Tulsa, OK area. 

As a new investor, what are some actionable things that I can do today to get me closer to acquiring my first property? Side note, I have already been pre-approved for 2-4 units in NH, but I imagine that number will vary depending on the market I choose. 

I appreciate any tips/tricks/recommendations and I appreciate your time responding to this post. 

Happy new year!