All Forum Posts by: Chelsea Coltman

@Benjamin Louie Criterias are : cash flow/market appreciation/good schools/family oriented for SFH rental/economy like big business in the area

 @Stephanie Walker - I would love to connect! If you want to send me a message, we can connect :)

 @Jaycee GreeneYes!

Thank you! Great advice :)

Upon months of research.. and knowing our criteria of what we want and are looking for.. there seems to be so many great markets to choose from. How did you all make the decision to pick a market as a first time investor?! I feel stuck but also so ready to just make  the jump. I'm so afraid to choose and then not be able to rent it out.

@Jonathan Taylor Smith Thannk you! I just finished this Chapter in my BiggerPockets book! Definitely something to consider-at least small value add projects. Not sure I'm ready for a full project since I live in CA and don't have a lot of time to invest right now. 

Thank you!!!! This feels like a roller coaster. So excited for the potential and the future but also terrified and sometimes feel very defeated 

Actually looking at Raleigh funny enough! I’m based in Orange County, California, so I’m looking to invest out of state. I feel confident in the assumptions I’ve been using for my analysis—factoring in both regular and non-regular expenses—but where I may be missing the mark is on comps and really nailing down what the rent should be.

Since this will be my first out-of-state investment, I’m not looking to take on a rehab project just yet, though that’s definitely something I’d like to pursue down the road.

Hi! New to investing and learning everything I can. Every property I analyze seems to result in a negative cash flow, even when using the Bigger Pockets Deal Analysis Calculator. Looking at investing no more than $ 300,000 for my first property, with a 20% down payment.  Is it me doing something wrong?! Or are there no deals for my budget?