All Forum Posts by: Etienne Martel

Hey Glen,

My advice to you is to rent for your current housing. You want to rent where you live and own where you rent, as Grant Cardone said. 

If you haven't already, I would begin putting money aside every month and begin investing it with a smaller investment company. You can invest your sitting money, while continuing to grow that investment until you have enough to purchase your own rental property. 

I would be happy to assist you if you have any questions!

Thank you Todd! This is extremely helpful

I've found that people can turn around for you as longs you stay calm, relaxed, honest, and explain everything clearly to them. Really try to get in another call with them if possible, or try to meet them for coffee one morning!

If they like you as a person and you stay in contact every once in a while, you will pop in their mind when the time is right!

Hey Victor,

You will always run into negative people while cold-calling, that's jus what happens when you call a lot of people. One of them is bound to have an attitude! 

One thing you can do to feel more secure about calling them, is that you can explain that you are trying to call people to see if they possibly could use your service. You do help some people, so I would stay extremely kind and apologize. If you are nice enough (and through enough practice), you may be able to stray from their anger and allow you to call them in a couple months to check back in with them!

Thank you!

Hey Andrew, I also grew up in the Bay Area. 

If you have your eyes on single property, I would suggest driving through the area to determine  what you feel comfortable with. You can take a morning and drive through East Oakland and take notes on which areas you feel comfortable with and areas you want to stay away from. Depending on the street and quality of your structure, that will really determine the quality of your tenant. I would also suggest screening you tenant if you weren't already planning to! 

California is a tenant friendly state, so I would be careful with rentals. If the tenant knows how to work the system, It can be easy for them to stay in your property rent free for a long period of time. That will definitely give you a headache!

Hey Derek, 

Welcome to Bigger Pockets! Let me know if you need any assistance or have any question. 

Stay focused and don't take shortcuts on your first deal. Do the work and learn from the first deal!

Thank you,

Hey Ryan!

Congrats on completing your flip successfully! For being a first one too, you should be proud! 

In every single deal you will learn something new and think about how a certain issue could be avoided or how to make the next transaction smoother.

Keep On Grinding!!

Hey Kyle!

When my team invests in our own rental properties, we always aim for Net Cashflow to be vole $200. So if all your number's are correct, I would be happy with this deal.

As long as you would be happy with the deal, it is a good deal! As long as you are happy!

Hey Konti, welcome to Bigger Pockets!

I am also a real estate investor and agent, but I am from California. 

Sorry to hear your project isn't working great, what issues are you having with flipping the property?

It is great that you pulled the trigger on purchasing the investment property, you will learn from this one and gain knowledge as you go!

Hey Belinda!

Welcome to Bigger Pockets! I am also from the SF Bay Area.

Have you thought about what route you are going to take for you business? (Rentals, Flips, Lending, etc.)