
6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.

4 July 2024 | 24 replies
Hi Justin.Nice to meet you here We are also investor in the high desert, we have been doing the house hack method so far 3 sfh in Hesperia and apple valley.

6 July 2024 | 29 replies
Most successful investors are willing to share their methods.

5 July 2024 | 19 replies
Originally posted by @Jorge R.

3 July 2024 | 2 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

3 July 2024 | 4 replies
@Ryan DenmanIt sounds like a Reg A offering might work for you.https://www.investopedia.com/terms/r/regulationa.aspI would speak to a Securities Attorney before making any decisions.

3 July 2024 | 2 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

3 July 2024 | 9 replies
Any issues you can see with that method or is it just a matter of preference in this case?

5 July 2024 | 14 replies
Some are engaging with me to get more posts on their record or more inbox back pats from other fragilities, but it's a very strange method of getting seen.The more you show the reason in black and white, the less they recognize it.