All Forum Posts by: Sharon Mittelman

@Arnaldo Villarrubia Figueroa welcome to the Bigger Pockets community! I'm in Washington state. I'm invested with another investor from the Charlotte NC area. I'll be happy to connect you two.

Good luck and Enjoy

Hey Sharon, for sure! Shoot me a message of the contact to get to know each other. Excited to connect!

@Arnaldo Villarrubia Figueroa I messaged you :)

0 Votes

Greensboro, North Carolina

Quote from @Gordon Cai:

Hey BP. I'm trying to get my first deal done but can’t decide whether to start off in-state or out of state. My primary goal for my first deal is to learn as much as I can but due to how expensive homes are in California, it’s hard to learn without putting too much on the table. I have read Long-Distance Real Estate Investing by David Greene, but I’m still worried that by investing out of state I wouldn’t be able to learn as much about renovations vs in state.

If my end goal is to invest out of state, should I just do that to begin with? Will investing out of state negatively impact the learn experience for my first deal, specifically the renovation aspect?

@Gordon Cai Welcome to BP I faced similar issues when I started. I'm from the Seattle area. There is nothing here under $400,000. I started by buying houses for $30,000 in IN (2018). One small mistake on a $400K house can cost more more than the whole house in IN.

Beyond cost WA is not a landlord friendly state :(

It is easier for me to invest in IN,TX,LA etc..

1 Vote

Sacramento, California

Quote from @Zarrin M.:

Hello!

Does any know of any real estate investment clubs in or near the San Diego area that are focused on long-distance real estate investments? I am intersted in long-distance fix and flips. Thank you in advance!

Hi @Zarrin M., SDCIA sounds like a great fit for you. I'm from Washington State and invest across the country (IN,TX,LA,FL,SC,NC), you are welcome to reach out if you have any questions.

0 Votes

San Diego, California

@Arnaldo Villarrubia Figueroa welcome to the Bigger Pockets community! I'm in Washington state. I'm invested with another investor from the Charlotte NC area. I'll be happy to connect you two.

Good luck and Enjoy

0 Votes

Greensboro, North Carolina

Quote from @Appy Jagpal:

Hello,

I am looking for investment properties in Columbus Ohio. Most of the properties I come across are 1900s built.

Any experience tips on investing in older properties?

How much maintenance cost do you use account in your cash on cash calculators?

I have many that were built in the early 1900s. One of the big questions is when were the systems last updated and was it full update - ie plumbing, electrical and HVAC?

0 Votes

Columbus, Ohio

@David Givens I'm not a lawyer and this is not a legal advise. LLC = Limited Liability Company. so having one organized with all the components will have a some protection for you. Set it up correctly and make sure to maintain the corporate veil so you are protected. Getting insurance is another protection. But having the LLC with the right paperwork is the cheapest insurance you can get for things outside your LLC. Every property that I have is in a LLC.

Good luck

1 Vote

Atlanta, Georgia

Quote from @Sashika De Silva:

@Sharon Mittelmanthanks a lot for your humble advice. Sure I agree with you. I will buy one first.. What I wanted to know was how do you keep buying without having to wait for longer periods.. :) but yes I get it.. and honestly this is great valuable info! But now it is very hard to find such low good duplex/ 4 plex at such low prices !

@Sashika De Silva don't expect to be a millionaire in a short time. It took me way longer to get my 1st deal than anything else. I have done over than 150 transactions in 5.5 years. in my 1st year I did less than 10 !

0 Votes

@Butch Greene I'll be happy to spend a bit of time with you. Few people helped me when I started so I'm just paying it forward.

Message me.

Cheers :)

1 Vote

Raleigh, North Carolina

All Forum Posts by: Sharon Mittelman

Sharon Mittelman has started 2 posts and replied 36 times.

Post: Looking for DSCR loan refi (no cash out)

Post: Looking for new Hazard insurance for my rentals in TX (Corpus Christi area)

Post: Greensboro, NC Networking

Post: In-State Vs. Out of State for First Property (Main Goal is to Learn with Min Losses)

Post: In Search of: Long-Distance Real Estate Investor Clubs in San Diego

Post: Greensboro, NC Networking

Post: Investing in Columbus Ohio

Post: Start an LLC?

Post: 4 PLEX investing - Big down payment limits you ?

Post: Need a mentor