All Forum Posts by: Elenis Camargo

@AJ Smith Wow you have no idea how much that message meant to me! Sorry it took me almost a month to see it. Thank you for saying that =D

@Steven Romulus Thanks for the comment! If you send me a message I'll share :) Not sure BP would like me posting my email on here haha.

@Account Closed True! In our case we don't have 401 K accounts or existing properties that are paid off. We also don't feel comfortable using our IRA accounts since we want to have something safe for the future. I did not know about the life insurance one so I'll look into this. Thanks!

@Lauren Banks Thanks so much for your comment! If you haven't done so already, I do suggest you save as much as possible and learn as much as possible, then simply dive in and get that first property. I did write a few other blogs that can help you in your journey: https://www.biggerpockets.com/member-blogs/11360-long-distance-real-estate-investing-blog

By the way I think it's amazing that you're 20 and wanting to investing in real estate!! So smart :)

@Laura McKenna Thank you! I am not because I live in NY now but I’m moving to Jax in May so I’ll join! I saved your name so we can connect once I’m down there :) 

@Kyle McKiernan Agreed on finding another lender. Mine let's me do 15% down with PMI or 20% down without. We did need reserves but they can count your IRA for that also and we have a pretty good sized one. Call around. Best of luck!

@Michael C. Thanks for your questions. Where to invest: that’s the golden question. I invest in Jacksonville but heard of other great markets like OKC, Huntsville AL, places in Ohio and Indiana, etc. 

For managing out of state you can read here :) https://www.biggerpockets.com/...

@Aaron B. Great question. I was a referral agent on those deals so I made 25% of the 3% commission my agent made. I am way more hands on than the typical referral agent though. My goal is to help other investors and build relationships. There are many ways to do REI here!

@Ty West I loved your comment! It means the world to me that my simple post encourages you like that. Do NOT give up!! I am in Brooklyn and hosting a get together at our apt in April if you’d like to come. I know you’re a bit father out but doesn’t hurt to ask. Send me a message :) 

@TyaKym Echols Congratulations I'm jumping into your first property!! I'm sure it's super nerve wracking not having a tenant yet. I know I'm late on replying and hope you found someone by now. If not, I would consider lowering the price. That's usually what will do it. I am not sure if you're using a PM to list it but I'd ask them for feedback right away to see what's taking so long. If they aren't responsive then find someone else to list it for you and do your own research to see if other rentals in the area have something yours doesn't or maybe yours is priced too high. And if you're listing it yourself then I'd hire someone right away so that it can go on the MLS. Of course I'm speaking without knowing anything about your property. Feel free to PM me and I'll help as best I can.