All Forum Posts by: Natasha Keck

@Sean Dawson - Just my two cents, this is not the forgiving part of the business cycle and probably not the time to over stretch.  However, you'll have to answer where in the business cycle is the location you're considering.

You must leave title the same way you take title on a 1031 exchange.  That means you can't sell under your individual name and buy under the business name.  You could sell and buy under your individual name and then transfer the asset into your business name but if you do this you want to be careful (not trigger due-on-sale clause).  It would be hard to get a loan for the new property under your business name so this isn't all bad.

I think you trust the agent you picked and let him/her do their job.  Once you've chosen to list it with an agent, you can trust it's going to get full visibility to anyone serious about buying.

@Jonathan Thinh I agree with @Taylor Brugna.  I don't think it's critical to be in the same room with your CPA.  A web portal for uploading documents and a phone call work just as well.  What you want is a CPA with expertise doing taxes like yours.  Bigger Pockets has plenty, and they're all over the country.

Oh my!  Sounds like you need to be recording your videos with smell-o-vision too.

You're limited to 10 Fannie Mae loans. If you are married, and you both have income, each spouse can have up to 10 loans but you need to hold title in just one person's name. Generally the BRRRR strategy is talking about long term (30 yr? 15 yr) loans. Congrats on closing your first property.

I'd say research or networking.

Are you hoping to be a buy-n-hold investor? If so, have you researched rents in your local area. Zillow, Craigslist, MLS, somewhere else. Figure out where rental properties are listed and start getting familiar with what rents are in your market.

Did you share any business cards with folks at your REI meeting? Could you invite someone to coffee or lunch?

I don't Airbnb my own place, but just read this amazing blog post on Bigger Pockets entitled "Airbnb Disasters - Is that blood on the ceiling".  It would make me re-think putting up my own house for a nightly rental!  

I'd say the Bay Area, including Oakland, is much more of a flipping market than buy-and-hold with "decent cash flow" these days.  Are you open to Sacramento?

@Joseph Rivera Welcome!  There is no secret place, but many places to look.  Search the forums for all kinds of information where others are finding their wholesale deals.  Here's an example forum post with lots of ideas.