All Forum Posts by: J. Martin

@Waylon Themer , welcome to the lion's den! So care to chime in on using a range of expenses to estimate profitability or DSCR over in your neck of the woods? Or at least what you did when you were back in credit.. Breakeven vacancy? 200bp rate shock? Or using 40% expense ratio average if they come in showing 15% expenses w/ no maintenance for last year..?

I'm at 5 years now as an examiner, and working for the State, the pay is not crazy, but it's flexible and lots of vacation ;) Gives me what I need to get the real estate portfolio built on the side.. I'm taking risk on the real estate side, so I figured I'll lay low on the job risk for a while..

Hi @Faical Chafouk , and welcome to BP! I don't know too much about the Atlanta area, but maybe @Michaela G. can share some of her knowledge with you as an Atlanta investor no longer competing with you for purchases. I’m a ‘fix and hold’ investor from the Bay Area in CA, and loving it! A few tips about the site..

You'll find lots of good info in the "Learn" link across the top navigation bar, and in the link at the top of this introduction forum. You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the "vote" button if you like someone's post or is helpful. And you can earn "awards" for various "achievements" - just look at your profile. Hope that helps with the site! Good luck on your investments!

Hi Tu, and welcome to BP from "hella" NorCal! There are probably still some good CF opportunities a bit inland from you if you can't find them directly in your area.. Hopefully you can find what you're looking for. A few tips for the site..

You'll find lots of good info in the "Learn" link across the top navigation bar, and in the link at the top of this introduction forum. You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the "vote" button if you like someone's post or is helpful. And you can earn "awards" for various "achievements" - just look at your profile. Hope that helps with the site! Good luck on your investments!

Welcome @Christoph Kremer , I had the pleasure of attending Oktoberfest in Munchen this last year, and had a blast! Danke shun to all the wonderful and fun-loving Germans I met while I was there! Welcome to BP, and here's a few tips on the site..

You'll find lots of good info in the "Learn" link across the top navigation bar, and in the link at the top of this introduction forum. You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the "vote" button if you like someone's post or is helpful. And you can earn "awards" for various "achievements" - just look at your profile. Hope that helps with the site! Good luck on your investments!

Hi Jessica,

I'm a 'fix and hold' investor in the Bay Area in CA, and just wanted to say welcome! I'm curious, did you rule out keeping your house and renting it out? Maybe use an FHA loan at 3.5% down to buy your new owner-occupied home if you're short on cash.. If you're buy and hold, no time to start like the present! Anyway, here's some tips for the site..

You'll find lots of good info in the "Learn" link across the top navigation bar, and in the link at the top of this introduction forum. You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the "vote" button if you like someone's post or is helpful. And you can earn "awards" for various "achievements" - just look at your profile. Hope that helps with the site! Good luck on your investments!

Welcome Lulu!

There are a few other "accidental" landlords on here, so you're not alone. Maybe the curse will turn into a blessing over time.. I'm a buy and hold investor, so I don't ever plan on selling my properties when I move! Search for landlord in the forums or for any particular topic you're trying to find. Great resources out there.. Here's some more tips for the site..

You'll find lots of good info in the "Learn" link across the top navigation bar, and in the link at the top of this introduction forum. You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the "vote" button if you like someone's post or is helpful. And you can earn "awards" for various "achievements" - just look at your profile. Hope that helps with the site! Good luck on your investments!

Hi @Robert Parks and welcome! I'm a 'fix and hold' investor myself, because I don't want to have to do flips forever, but also a good way to raise cash if you can it well.. Be careful though! I have a 9-5 job in bank regulation, but I'm interested in real estate and financing in general, so it keeps me entertained enough to enjoy until I have enough RE income to retire.. Here a few more tips for the website..

You'll find lots of good info in the "Learn" link across the top navigation bar, and in the link at the top of this introduction forum. You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the "vote" button if you like someone's post or is helpful. And you can earn "awards" for various "achievements" - just look at your profile (and complete your profile for your first award!). Hope that helps with the site! Good luck on your investments!

Steven, I live at one of my properties (4plex) in Richmond, just north of Berkeley, about 20 miles north/NE of San Francisco in the East Bay. Are your friends on BP also? We're having a meetup in the East Bay next month..

Hi @Johnny Nuchols , and welcome to BP! I'm a 'fix and hold' investor personally, because I like the ongoing cash flow to ween myself off the 9-5 job.. But a lot of people do flips to build cash for buy and hold, or make good enough money that they keep doing it. But you have to keep doing it actively to keep making money on it! Here are a few tips for the site too..

You'll find lots of good info in the "Learn" link across the top navigation bar, and in the link at the top of the introduction forum. You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the "vote" button if you like someone's post or is helpful. And you can earn "awards" for various "achievements" - just look at your profile. Hope that helps with the site! Good luck on your investments!

Hi @Raymond Martinez ,

My best advice when you decide to buy is to consider a 4plex with an FHA loan. It's a great way to make a little capital go a a long ways, with 30yr fixed rate financing. And some advice for the site..

You'll find lots of good info in the "Learn" link across the top navigation bar, and in the link at the top of this introduction forum. You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the "vote" button if you like someone's post or is helpful. And you can earn "awards" for various "achievements" - just look at your profile. Hope that helps with the site! Good luck on your investments!