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All Forum Posts by: Antoine Martel

Antoine Martel has started 10 posts and replied 2212 times.

Post: Investing in out of state rental properties

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911
Originally posted by @Maurice Blackledge:

@Antoine Martel ok that makes sense, thanks for the insight!

 You're welcome.

Post: Tools to Find Multifamily Properties for Sale?

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911

Loopnet.com and then use that to find all the brokers in your market. 

Call those brokers and then follow up with them every month or so to see if they have any new deals. 

Post: Out of State RE Investing

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911

Jared. 

I live in LA and invest out of state. I buy properties from $70-100k which have a 1% rent to value ratio or better.

I look for markets that have population increasing or stable, major employers, job growth, low crime and also a diverse workforce. Most importantly you want to find markets that are cash flowing markets. 

If you need more help. Feel free to reach out and we can meet up or chat. 

Post: What are the steps to acquiring a rental property?

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911

Adam.

Are you planning on financing this rental property purchase? If so then you do not have to worry about setting up and LLC as you will have to buy the property in your personal name in order to get conventional financing.

You can look for banks now or you can look for banks when you find a property. It doesn't really matter. If you have good W2 income then you can talk to some of the national banks. They will give pretty good terms. 

Post: Investing in out of state rental properties

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911

I invest out of state and I do not see the properties before I purchase them. As long as you have a team on the ground who can take a look at the property for you then you should be fine.

Or if you're buying the property from a turnkey provider that you trust and the bank is doing an appraisal then you should be in good hands!

Post: New member from Hawaii.. Kapolei, Oahu

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911

Welcome to BP Han. 

San Antonio is a great market and I'm sure that you can find a great place to house hack. Which I think would be the best thing to do in your scenario!

Post: Landlord starting flipped my first house

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911

Congrats Martin. On to the next one!

Post: Favorite Area’s to Buy in Colorado

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911

What are you looking to do? and what type of property?

Post: calgary new to investing

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911

Karsten.

To figure out what works in your city. Head over to the network tab and start messaging people around you who are investing locally. 

Take them out to coffee and learn about what they're doing and explain to you how they got started.

Everyone loves to talk about their successes!

Post: Good contractor needed lebanon pa

Antoine MartelPosted
  • Rental Property Investor
  • Miami, FL
  • Posts 2,325
  • Votes 911

I would check out homeadvisor.com