Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Michael Estacion

Michael Estacion has started 1 posts and replied 3 times.

To everyone who posted,

Thank you!  I was apprehensive of even doing this first post but the community response has been amazing and welcoming.  

As people try to vector me, there’s a lot of choices to consider.

My current leanings are SFH and long term rental. I'm looking to buy and hold for my first so minimal cash flow is fine since I'm counting on debt pay down and small appreciation. I'm not looking for a home run deal but a base hit to get some momentum.

Even waiting to turn my primary residence into a rental in 3 years seems appealing.


Quote from @Nathan Gesner:
Quote from @Michael Estacion:

Read "Long Distance Real Estate Investing" by David Greene. He provides some solid wisdom for finding a market and the help needed.

Look for Dave Meyers on BiggerPockets or their YouTube channel. He's their data guy and shares the best states/cities to invest in right now. he's a good guy to follow if you are actively investing.


 I'm really enjoying Dave Meyers content, thanks for pointing me in this direction.  Another friend recommended long distance real estate investing so I just need to finish the audiobook

I’m looking to buy my first rental property. I have about $45K to use. What’s a good city to deal search in and do you have an agent that you would recommend?

I'm active duty military and am not opposed to out of state investing.  I've looked around online at cities like Cleveland, El Paso, and Montgomery but have not seen any obvious deals.  I just want to narrow down my search to a good neighborhood and fully commit to buying my first property.