All Forum Posts by: Ellamarie Taylor

My name is Marvin and I am currently living in Los Angeles County. I am a newbie as well and have been obtaining SOOOO much information just these past two months through the website and the podcast. I am hoping to invest in small multifamily homes East of Los Angeles. Hope all goes well and we can find a good deal in the near future.

Good Luck!

Marvin Lara

Hey Marvin, wishing you the best of luck finding and securing your first deal.

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@Josh Lewer thanks for the wealth of information!! I'll be giving in today

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Originally posted by @Derek Janssen:

Originally posted by @Ellamarie Taylor:

Really!!? Awesome, I'd love to connect with you!

Over the weekend, I was searching for properties and analyzing numbers found a few that i would love to dive into.... But its always funding that is a huge BLOCK. When I was eating breakfast this morning I figured i'm stuck, and I'm going to have to wait months till I can get that first deal.

Hopefully, with my eagerness and determination something can happen.

Thank you for reaching out,

Ella

Focus on your goals, identify the roadblocks (money/downpayment?). Figure out how to eliminate your roadblock. The universe will provide...

Definitely!! Believe it or not I sure have written out a plan of action and realized my road blocks (of course the main one being funding) however, I came up with a plan that even I would want to jump into if I had 10k. So now I need to remember, that I'm not begging for money but actually providing an opportunity for folks to invest their money for a short time period and making out fairly well at the end. I need to find road blocks in this system I'm thinking that would be so beneficial to me and others while forming long term relationships because I will not want to stop when on a roll.

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@AliBoone I appreciate thatThank You, I will take you up on that real soon

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Originally posted by @Caleb Heimsoth:

This is a good way to go. I’ve watched people in my market (cheaper than SF but still too expensive for rentals) try to find a deal for over a year, while I just buy stuff out of state lol.

A good management company is crucial. A good manager can make a mediocre deal great and a bad manager can make a great deal bad.

Hey Caleb, funny thing I watched a podcast today about property management and yes you are so on point. When I start my company that will have plenty of units I would like to start a pm business that I can train to suit my business. This day in age companies are lacking good ol' customer service, that old school "greet them with a smile" motto.

Thanks for replying to the post

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Originally posted by @Matt K.:

Best thing I ever did.... even if I was in a sense forced into it. It'll be overwhelming or may seem that way, but it's doable just apply the same common sense as you would with most anything else.

But.... BUT BUT BUT.... remember the human element. RE isn't something that is just numbers on paper, it involves people. Cheap doesn't always equal good value.

So true Matt, I won't forget that and Thanks for replying to my post!

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Really!!? Awesome, I'd love to connect with you!

Hopefully, with my eagerness and determination something can happen.

Thank you for reaching out,

Ella

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Originally posted by @Derek Janssen:

Welcome Ellamarie! I live in the North Bay Area and have been investing remotely since 2005. If you can find the book, "Remote Controlled Real Estate Riches" by Adiel Gorel for a reasonable price, check it out. While some of the prices and numbers are dated, the concepts are really solid. This book and the landlording book have been my standby's. Start doing your homework and identifying markets that you would like to consider investing in. As a remote real estate investor, I recommend a buy and hold strategy. You will need to find a realtor in the market you are considering and a lender that lends in that state. For turnkey solutions, check out Jason Hartman and Adiel Gorel. Check out the markets they are looking at. Also, there are plenty of helpful folks on biggerpockets.com.

Thanks Derrick, I'm going to look in to your suggestions. Yes, I agree with buy and holding that is the plan I think will work best.

Wish me luck!!

Thanks again, Ella

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Thanks Carl! and good look on your first deal 👍🏾

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Hey All, I'm extremely new to real estate investing I'm married with 4 young children that I homeschool. My husband is employed and of course our only source of income. We live in the San Francisco bay area and will be buying properties out of state.

"My why?" You ask... is that I'm so determined to not live pay check to pay check anymore!!

I have been listening to podcasts and watching them on YouTube, I even attended my first Biggerpockets webinar yesterday (thanks Chad) and I'm taking plenty of notes.

I'm going to be asking lots of questions, and trying to get as much help and information as possible since this is like learning a new language.

Thanks in advance,

Ellamarie

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All Forum Posts by: Ellamarie Taylor

Ellamarie Taylor has started 1 posts and replied 10 times.

Post: Extremely new California Rookie looking to invest out of state

Post: Extremely new California Rookie looking to invest out of state

Post: Extremely new California Rookie looking to invest out of state

Post: Extremely new California Rookie looking to invest out of state

Post: Extremely new California Rookie looking to invest out of state

Post: Extremely new California Rookie looking to invest out of state

Post: Extremely new California Rookie looking to invest out of state

Post: Extremely new California Rookie looking to invest out of state

Post: Extremely new California Rookie looking to invest out of state

Post: Extremely new California Rookie looking to invest out of state