All Forum Posts by: Zeke Liston

Hi Folks,

I've been an avid listener of the podcast and looking to getting into investment properties this year. As someone who is new to investment, I had a couple of questions to the community:

- Which location do I pick for investment properties that would follow the 1% rule? I'm from a HCOL area(SF), so it is almost impossible to invest locally.  

- I have a decent amount of equity saved up and own a primary home. I'd prefer to put a downpayment than do all cash. Is it feasible to be cash positive considering the high interest rates?

Looking to learn and get insights from the folks here. Thank you!

Good evening, I am new to this whole forum concept and I am new to rental investing, as in I have yet to secure my first property. But I am here to learn and grow! I am currently looking through different markets and reading as much about the details of making this a business as I can. I currently live and work in Warwick RI, would really enjoy any opportunity to meet other investors from my region that I can learn from. Thanks in advance. 

Pastor Matt Vandeleest

Hi everyone. I'm a software engineer looking to get into real estate investing. I've been reading books and doing research and I want to start actually investing in out of state properties. Once I came across BiggerPockets, I knew I had to join. Glad to be here and hoping to meet a lot of amazing people!!!

Hey everyone!

Excited to join the BiggerPockets community as a newbie eager to dive into the world of real estate investing! Since I was a medical student, I've always been passionate about making smart investments for my future, and real estate has piqued my interest for its potential to generate passive income and build long-term wealth. Looking forward to learning from all of you seasoned investors and sharing my journey as I embark on this new adventure. Cheers to building financial freedom together!

This is my first time renting out a property. I will be living out of state away from my property so I want to be educated on how to properly choose a good property management company. I am looking for things I need to avoid or look for. Any advice is extremely helpful! Thanks!

Hello everyone,

My name is Erika, I own 7 apartments in 2 buildings, the first one I bought almost a decade ago (2 unit) and until today it has been an excellent investment, and the second one bought it back in Dec 2022 (5 units). Since I bought this last property, it has been a headache, I have to go often to do repairs, the last repair was replacing a water heater of 75 gallons which cost almost $3k (too expensive). I think a lot if I should just give up on this one, since it's a lot of work. How can I determine when to give up on a property or keep going? I am in the middle, not sure what to do. Any suggestions will be very much appreciate. Also, I feel since I am a lady, handyman takes advantage of me by charging more or not doing the job well. I have to be present all the time to make sure they are doing the job, and it's hard to keep a handyman because of this reason. The cash flow is good, I believe, I had a profit almost every month since I bought.

Kind regards,

Erika.

Hi All,

I'm looking for my first investment property in Northern KY / Cincinnati. I've been pre-approved, but that was through my personal credit. (DM me if you have any off market deals in the ~<$150k range)

If I want to protect my personal assets from potential lawsuits and start an LLC, will that mean my interest rate for the traditional loan will go up, or can they still go off my personal credit since I own the LLC?

Anything else I should consider? I'm curious if any of you own investment properties in your personal name and if you have had any problems or how you are protecting yourself.

Hello,

I am looking to choose a market to start diving into. As I know it takes quite a lot of work to set up a BRRRR operation I would like to start by picking one market to work on.

I will be working out of California so it would be ideal if it was closer to California so I can easily go out to the area as much as possible.

I have been reading a lot of people talking about Ohio, but I also know someone who has found a lot of success in the outskirts of Dallas (which is a bit closer to California). The person working out of Dallas has been able to actually do full BRRR with a full cash out refinance on his deals.

Would like to get honest opinions on where I should get myself looking- as specific as possible as far as towns. 

Important: I am looking to get into houses in the budget of at least 200-300K. I wouldn't want to get involved in anything cheaper. 

So an ideal would be to get something for $250-300K put 50-75K in rehab and get a house thats 350-500K.

Thank you

Hey all. I want to get started in real estate and am hoping to get some insights on the approach... I have $50k cash and don't really want to take on debt (or do creative financing). Is this a do-able starting place financially, or a pipe dream? 

Do markets still exist where you can buy nearly turnkey rental property for $50k?

I've been taking in so much info that I'm in the analysis paralysis phase but I'm curious how someone more seasoned would get the ball rolling with just $50k cash today. 

Thanks so much for any insights you could share. I'm learning as much as I can and currently in the "i'll never be able to do this" phase (but giving myself a pep talk out of it!) 

Can anyone please refer reliable Boots on the ground in Cleveland- thanks