All Forum Posts by: Walter Pineda

OOPs, I meant "Depreciation, DTI Dilemmas, and qhy Mortgage Rates DON'T Matter" Bigger pockets Real Estate Podcast on YouTube. :)

Hi! I recommend watching "Why Investor are still Buying Real Estate in the 2023 Recession" Bigger pockets Real Estate Podcast on YouTube by David Greene where he  answers these questions masterly. We have several out of state properties and would like to house hack here but the numbers wont work for a multifamily Robert from David Greene Team in California suggested a Duplex because if we where to buy a multifamily the rents need to pay for 75% of the mortgage. I would suggest that if you are serious on buying this year find a lender, talk to a agent in the market you choose, research a Property Management Company if the property is out of state and ask for referral for a Contractor " your core four" per David Greene book  Buy, Rehab, Rent, Refinance, Repeat. Just though I would let you know that there are many down side of investing in real estate mostly do to tenants not paying rent or repairs so adjust your numbers accordingly. 

Best of luck in your investing journey.

Hi! I like the following

Long Distance real estate Investing.

The Millionaire Real Estate Investor.

Buy, Rehab, Rent , Refinance David Greene.

The book on Rental Property Investing Brandon Turner.

The Book on Tax Strategies for The Savvy Real Estate Investor.

The Multifamily Millionaire Volume 1.

The book on Investing in Real Estate with no and low money.

Think and Grow Rich

The Law of Success

ABCs of Real Estate Investing.

Enjoy!

Hi! BB we are looking to invest in: St Joseph, MO 64503 does anyone have experience in this zip code or the best property management. Thank you in advance for taking the time to respond! 

Hi! can you advice on B+C+ neighborhoods in Dayton, OH. Your advice is much appreciated and thank you for taking the time to answer!

LOL no thanks bro LOL

Hi! Can you please give your reference to a property management in Memphis, TN. thank you

Hi! Try Cleveland, OH, Brandon, Mississippi, Tuscaloosa, Alabama, Cincinnati, OH, Memphis, TN. I live in Souther Cali let me know if you would like talk about investing. I have a couple of rental properties in Alabama and Memphis looking in OH and Mississippi now.

Thanks for posting this, I'm going through something similar. Property management Crestcore in Memphis did not respond to the tenant's complaint about the heater turning off and on in the middle of the winter because of a breaker, so the tenant decided to leave without notice. Now I know what do to because of your post. Hope you find a profitable solution and best of luck with your rental.

Hi! I'm not familiar with does markets but I would suggest reaching out to a Property management company, agent, Lender and Contractor before you buy. I just had a tenant move out because the property management company took too long fixing a heating issue so the tenant moved out ,no rent. On one of my other rentals Section 8 was not paid for months and two of our other rentals had repairs, please take note on Repairs, VACA, and CAP EX in your numbers.

Good luck to you!