All Forum Posts by: Evan O'Brien

When searching for a Real Estate market to invest in out of state, what factors should you take into consideration when determining a market? I know the population growth, employment opportunities, attractions nearby and local tax laws within a state have a significant impact on a rental market but are there any other factors to take into consideration?

@Megan Templeton Hi Megan,

Thank you so much for all the information!!

@Tyler Peitzmeier Hello Tyler, thank you for reaching out! This information is extremely helpful!

Hello! What’re the roles of an attorney that specializes in working with Real Estate Investors? And what questions should you ask when interviewing a potential Real Estate attorney for your team?

@Tanner Cohen Thank you so much for the prompt response and this valuable information! I’ll definitely take all these factors into consideration when searching to obtain financing from a private lender!

When seeking to obtain financing from a private money lender and putting together a pitch to present to a potential private lender, what documents should you provide and what points should you bring up to the potential private lender that’ll make them feel confident in providing financing for your deal?

@Zeona McIntyre Hey Zeona,

Thank you so much for the feedback! I’ve been thinking about purchasing a rental property out of state or in upstate New York since I live on Long Island and the barrier for entry to purchase a rental property on Long Island is quite expensive. If you have any suggestions for markets or price points to purchase a property out of state that would be greatly appreciated!

@Andrew Street thank you for the feedback! And I agree, I think it’s great to have the mindset “how can I make this work?” I’ll definitely reach out and send you a message if I have any other questions!

Hello, with short term rental arbitrage is that when you sublease a property and rent it as a short term rental? Depending on the location of the property would it be best to use STR arbitrage for individuals going on vacation or to use it as corporate housing for the short term? I'm very interested in finding out more what about what the uses of STR arbitrage are!

Hello BiggerPockets community. Was looking to get feedback on how long did members of BiggerPockets waited to purchase their first rental after making the decision to start investing in Real Estate.

About a year ago I made the decision that I wanted to start investing in Real Estate to change mine and my family’s financial future and have been doing a lot of research by reading various books and listening to podcasts on the subject. But I am nervous on starting and purchasing my first property. I’m currently saving $1500/mo and planning on using a loan from my 401k to secure a down payment for my first property. Does anyone have any suggestions on how to get started?