All Forum Posts by: Bonnie Cerruti

That sound like great advice. I'm currently looking at new construction in one area but dang it's pricey.  I look at the BP video taking about the 50% rule and that is completely blown out of the water with newer construction.  $850K for a duplex that can rent for about $2400 each, if I'm lucky. It is beautiful and in a prime location but earning anything will be slow going.   I have one property I manage in a lower income area. We have mostly Hispanics that do not speak great English, meaning they came over here in recent years.  I have to say that they take care of the place and are NEVER late on rent. 

I have ye to learn what house hacking is.  It's on my list 

I see.  I have a few homes with addresses but I can't seem to figure out what neighborhood they are in, 

I dropped one of my properties in a tool from BP for the market rate rental price and realized right away there are things the calculators do not take into account. For instance these are what I call executive properties with many top of the line extras, in a prime location, and they were compared to older out of date homes in areas that are ghetto and gang infested.  Not sure but I need to remember these tools may not be 100% accurate but hopefully give me a better idea, at least. 

Thanks for all the great ideas, everyone.  

I literally just joined yesterday so I don't even know what a buy box is.  LOL. I need to figure out where my training begins on here,

Thank you!

Thank you for the reply, I will indeed visit but prior to flying somewhere I want to have an idea.  Where do you look up the online crime & census tools?  That is exactly what I need!

I am in California and my goals are to purchase out of state rentals. One of my issues is I am not sure what the neighborhoods are like at the properties I find on-line.  Does anyone have an idea how I would find out if the neighborhood is good or not?  And help or suggestions would be appreciated. thanks

I actually manage 55 doors.  We are currently putting up 3 of our single family homes on the market.  (getting ready to, anyway). That will take me down to 52 but still super busy with remodeling our 36 unit complex.  Since it is all family owned, It's not really mine. My goal is to get started with my own duplex or triplex and build from there.  Also want to try some airbnb and traveling nursings situations,