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All Forum Posts by: Monica Gonzalez

Monica Gonzalez has started 2 posts and replied 7 times.

Post: Newbie - Analysis Tools - No/Low Cost

Monica GonzalezPosted
  • New to Real Estate
  • Redlands, CA
  • Posts 7
  • Votes 6

@Deandre Brown I have not used it yet, but I'm anticipating trying it this weekend.  I don't have pro, so I'm not sure exactly how much detail it will show me. 

Where are most Multi's in Texas? Or do they have any? I've never been but the photos I see it's always Large newer homes or SFH on a large piece of land. Well, large compared to us.

Post: Newbie - Analysis Tools - No/Low Cost

Monica GonzalezPosted
  • New to Real Estate
  • Redlands, CA
  • Posts 7
  • Votes 6

@Deandre Brown Thank you for all those tips! These will definitely be helpful to consider especially the insurance in my area of SoCal where companies are leaving and prices are increasing. 

Post: Newbie - Analysis Tools - No/Low Cost

Monica GonzalezPosted
  • New to Real Estate
  • Redlands, CA
  • Posts 7
  • Votes 6

I'm looking to start with Multi-Family (duplex/triplex).  I have my own home so this will have be as an investor with 20% down. 

I know there are things I need to do to analyze if the deal is a good one, like rental rates, Status of the house/infrastructure, amenities in the area but what else should I be thinking of? Tools that I see to analyze deals: Zillow, rent websites, craigslist what other tools do you recommend? 

Post: Getting into the REI - Areas of Interest San Bernardino County, Califorina (I.E.)

Monica GonzalezPosted
  • New to Real Estate
  • Redlands, CA
  • Posts 7
  • Votes 6

@Wale Lawal thank you so much for that feedback! It's very helpful, I'm excited to start my journey. 

Post: Getting into the REI - Areas of Interest San Bernardino County, Califorina (I.E.)

Monica GonzalezPosted
  • New to Real Estate
  • Redlands, CA
  • Posts 7
  • Votes 6

First, I wish there was a location for San Bernardino County (SBC), especially since it is the largest county in the US with so much variance of investment potential. 

I'm looking to get started in a long-term rental, even a perhaps a small multifamily in a B-/C+ class-ish property.  I've been trying find topics here on BP for the SBC, sadly nothing posted lately in the last year.  I think it's as far back as 2019. I've been listening to almost all the BP podcasts daily; I've read 2 of the PB books including Starting with Strategy. Are there any people here who are in those areas as well? I'd love to meet up, specifically areas East of the 215 and or North of the 10.

I'm also curious about starting out in B-/C+ class-ish multi-property where the median house is around $500k, however it boarders an area of the median home of $700k.  As much as I'd love to be in the straight B class, living in SoCal and wanting my first purchase to be close I simply cannot make my first investment in a B from what I can tell so far. Any tips from people who toggle between the two would be so appreciated. 

Post: Is this a good mortgage evaluation?

Monica GonzalezPosted
  • New to Real Estate
  • Redlands, CA
  • Posts 7
  • Votes 6

Thank you, I'll give your live's a view. 
@Tim Swierczek

Post: Is this a good mortgage evaluation?

Monica GonzalezPosted
  • New to Real Estate
  • Redlands, CA
  • Posts 7
  • Votes 6

@Tim Swierczek I'm new to investing and starting to look in Minnesota. As a CA native I've never purchased out of state and curious how different the lending rules are in MN.  Any tips you can provide would be great.