All Forum Posts by: Gladys Villa

Good to know about this since I’m definitely planning to scale in the future!  Thank you for this insight! I shall look more into it! 

 Thank you for this! Somehow I know my priority is to build wealth and that I should start investing first, but just needed to hear it! 

How did you all start in real estate? Did you buy your primary home plus house hacking it? Or bought a primary home and took out some cash from equity to buy a second home for investment? or let go of the primary home idea for the mean time and went straight to real estate investing? 

Hi all! For anyone who started out on Biggerpockets and still doing real estate, how has BiggerPockets helped you? 

I thought with multi-family properties, you can put 3%-3.5% downpayment as long as you live in one of the units, but for single homes, if you are using it for investment, must out 20% down, wouldn't multi-family have a cheaper initial investment? Or are you considering different factors for capital? 

Thanks for this! 

Hello all! I have heard a lot of investors investing out of state like Ohio, Memphis, Texas, Seattle, etc, but rarely they say they have apartments and anything similar in nature, in California. I live in California, and I know property prices are very high. Is it not smart to start in California because of this? Why do investors not consider CA in their investing? Where can I get information about investing out of state and learning the differences and advantages? 

We are thinking about house hacking, but we've never lived in a multiplex type of neighborhood, so this is going to be really new for us, and cannot say that we are fully comfortable with it. Completely depends on the neighborhood! :) 

Hi all! I am new to this community and I'm so excited to learn a lot of things! My husband and I will be ready to buy a home in the next 6 months, but we decided that we want an investment property instead. However, since we don't have any experience in rentals, we don't know if we should buy a single home and get it rented out or buy a multiplex. I feel like if we buy a multiplex, it becomes too risky with a lot of maintenance and possible vacancies. On the other hand, if the single home doesn't get rented out, we can just move in there too! 

What are the things you should consider in buying your first home rental property? Thanks for all your answers!