All Forum Posts by: Alicia Marks

 We have some great meetups in LA! I’m usually there one week a month or so as well, but I’m not as familiar with that market.

Check out the episode HERE.

What happens when you take what someone else is afraid of and make it your niche? You might just become unstoppable like @Ashley Hamilton! She discusses how she made her home city of Detroit, Michigan into a land of opportunity and a chance to bring something better to her community. What could be better than that! @Ashley Kehr and @Tony Robinson get down to business discussing with our Rookie Reply Live from BPCON 2022. 

They discuss long distance investing, getting creative, the great cashflow vs appreciation debate, and how to focus on your tenant when acquiring and rehabbing properties. Ashley has a 4 step evaluation process, how do you analyze a property in an unknown market? How have you had to get creative to meet your investing goals? Have you found deals on the MLS? What other thoughts did you have on this episode?

Let's get talking!

Listen to this episode HERE.

Everyone faces trials in their life, often multiple trials. The saying "get knocked down 7 times, stand up 8" is easy to say until you're there. @Josh Goldstein embodies this phrase throughout this episode with @David Greene and @Robert Abasolo. How did he overcome analysis paralysis in one of the most uncertain times in his life? Where did he find the inspiration?

When have you overcome a challenge and persevered? What did you think of Josh's story? Let's discuss!

I think we are definitely facing an affordability crisis for many people. I have had a lot of inquiries for my rentals that have multigeneration or several unrelated people wanting to apply together. While we do have lots of jobs available, the fact that many of the places facing the most labor shortages are due to it not paying a liveable wage. I've noticed that teens are not taking these afterschool jobs as they used to, and those that are left to take them are caught between making too much for government assistance, but not enough to keep from living paycheck to paycheck. I worry that as this affordability factor grows we will have more government dependency, which can greatly affect the wealth divide, voting, and social systems that are already challenged from their current users. It makes the need for truly affordable home ownership that much more out of reach for the average American.

Welcome to BiggerPockets! You will find a ton of experience here. Make sure to set up your keywords for topics and locations that you're interested in to help you jump in and learn.

Welcome to BiggerPockets! It sounds like you have the opportunity to both learn and give great advice as well! Make sure to set up keywords on the topics and locations that interest you so you can stay on top of conversations.

 Definitely not a dust collector, it's a reference tool!

Great question! You can ask for suggestions on how to build a list (I'd do a search because this has already been answered). You can ask about specific cities and if there is demand. You can also list any wholesale opportunities in the listing page only. 

What you can't do is offer to add people or ask who wants in on your buyer's list. You also can post any properties within the forums because that is considered deal making in the forums, which is not allowed. {Please let me know if you have other questions!

If it's a 4 plex you'll need to separate out each system, much more than $11k. I paid about $15k to split a duplex, but it did not have ducting. Start separating out as much as possible now so you can pass on the costs to the tenants. I'm also not sure how you plan to separate temps between units currently.

I pay about $800/yr, but I keep my books monthly. They file for 2 states and handle both personal and business taxes. I can ask questions throughout the year, but would need to pay a small fee for a full blown strategy meeting. Keep in mind that the cost of a CPA is deductible, so pay for what you need to get the job done right.