All Forum Posts by: Lizz Praedin

Hi all! Don't know if there are any of you out there but we are looking to connect with a lawyer and accountant in PA to gain some knowledge in starting our LLC in PA for beginning our BRRRR portfolio! Looking to set up a chat within the next few days - if you work with anyone currently we would love to connect with them!

Thanks in advance BP community! 

Lizz

Thank you Dave for taking the time to answer my question! I would love to connect more. 

Can anyone tell me what they know about a 10-31 exchange? I have a property with tenants im looking to list for sale (long story but more of a headache).  And want to reinvest my profit in another property...

I was hoping to look for some advice. I have been wanting to get into more investing in the near future. I am not in the financial state to be able to invest largely in any properties right now, that being said... 

I have always wanted to own a salon suite. In my area there are only one so far. This business is BOOMING in other states. I currently own a salon. I have the idea of looking for a property and fitting it out into suites that would all be some type of salon. Depending upon the building negotiation and build out, the potential in cash flow here is good. I would love anyones take on this. 

I know a lot of you have criteria you go by when searching for properties, what requirements would you look for in a building that you're turning into suites for rent ? 

I have the potential of doing this on my own, finding an agent, negotiating, planning build out, business planning all myself + with an investor putting out the cash. ... or there is an opportunity to do  this with a consulting company who has had much success in this, presents you with locations, helps you with the entire thing start to finish  + obviously would still need an investor. Which way would you choose + why ?   Can anyone offer insights ? I would love to hear ! 

Thanks in advance ! 

Lizz
 

Hi all! I am new to this Real Estate Investing thing. I am currently co-owner of a business I would like to walk away from - it's not my passion anymore. I came across bigger pockets and I am hooked. I have been listening to SO many podcasts, watching forums etc. 

I am a mom of two 10 month old twins, we just moved into a house and I am about to rent out my old condo. I believe I am ready to start looking for multi-family rentals. My fiancé' owns a painting company and he is also interested in investing. Big dream is to obviously have passive income and do something I love / help others and to own my own beach house before these girls are in high school and to be able to travel with them while I am still young-ish ! (lol too much ??) 

My fiancé has an uncle that is looking to put to work some of his money and invest in property/ rentals / flips  and so on - and wants us to do the work.  -- coming to the conclusion that we should maybe look for a deal and offer him a fixed return on his money until we feel out the situation further. 

I am currently overwhelmed with all of the info that's out there, being told to focus/niche down but never turn down a deal --etc etc. 

Here's my question...

Where do I start to find a deal or just to get into this with taking ACTION ? 

Networking ? Driving for dollars ? I have entertained getting my Real Estate Liscencse in PA 

Any advice is appreciated !  Already loving this community !