New to Real Estate · Washington state · Member since 2023 · 15 posts · 10 votes
Hey everyone! So happy to join this community I discovered the bigger pockets podcast about a month ago and I can't get enough, I'm learning so much and I'm eager to keep it going! My partner and I both owned our homes before we decided to move in together and both these properties are now our rentals. That was out start. It's funny though, it made sense as a smart financial decision, but I hadn't considered it "my business" until now! What a mindset shift! I can't wait to invest more, create passive income, grow my equity and get to know all you fine people!
Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
3y
@Christina Greaves welcome to BP. If you own 2 rentals you are already ahead of many if not most people here congratulations. We're here to help you grow.
Hey everyone! So happy to join this community I discovered the bigger pockets podcast about a month ago and I can't get enough, I'm learning so much and I'm eager to keep it going! My partner and I both owned our homes before we decided to move in together and both these properties are now our rentals. That was out start. It's funny though, it made sense as a smart financial decision, but I hadn't considered it "my business" until now! What a mindset shift! I can't wait to invest more, create passive income, grow my equity and get to know all you fine people!
Welcome to bigger pockets Christina!! Happy to have you a part of the community. If you ever have any landlord questions or general investing questions, don't hesitate to reach out or anyone on this platform, there's a lot of great people with great knowledge on here :)
Real Estate Agent · Pittsburgh, PA · Member since 2023 · 225 posts · 147 votes
3y
Welcome @Christina Greaves! Having 2 properties, you and your partner are already way ahead of most investors. This is a great space to ask questions, learn the Real Estate lingo and stay up to date on the market trends. Happy investing!
New to Real Estate · Washington state · Member since 2023 · 15 posts · 10 votes
3y
Thanks everyone for the warm welcome!
A quick update from me: I finished reading a couple of books and I'm now a lot more clear on what our long term plan is and the short term steps I need to take!
Our focus for the next few months to a year is to find a property locally, in the town we live in, which we want to turn into a short term rental for outdoor enthusiasts (we live close to a popular ski destination and there's a lot of mountain biking/hiking/camping activity during the summer time) and it so happens that this area is underserved for lodging options! We're probably going to focus on finding a good deal on a Single Family Home or a Duplex, as we want to have the flexibility to turn it back into a long term rental if needed.
I want to learn more about estimating rehab costs, because I think we'll be taking a BRRRR approach on this one, since at the moment we're house rich but cash poor! :D
I've already seen some properties that could be interesting (on foreclosure.com) but before that my immediate next steps are networking! - So, I'm going to tap into this community to start building my team!