All Forum Posts by: Christine Johnson-Sundby

Hello BP! I am trying to decide what city to invest in...multi family, SFH for buy and hold. How do you "vet" a city for stability? I have tried researching online but I haven't found what I'm looking for. I will call a couple of realtors and propert may managers for opinions, but I'd like data! Suggestions please. Thanks so much!

I am also interested in this thread.  Has anyone here used 4 degrees in Spokane?  Thanks!

@Leslie Pappas Thanks for the idea. I'll investigate DST's.

@Randy Johnson That is a concern of mine.  Will I be able to buy 3 properties in the time frame of the 1031?  I'm not sure.

@Katy Lyons I did a quick search of Milwaukie and didn't find anything anything that caught my eye.  I'll keep my options open and look further

@Robert Adams Great info!  I will definitely do that.  My condo is in Hawaii and should be marketable.

@Sean Tarpenning, I am looking at turn-key rentals.  I think this is the safest for my situation.

@Russell Brazil  Great advise, thanks.  And no, it's not too late.  I plan on buying 2-3 properties, so it's going to be a challenge!

Hello BP!

I am wanting opinions/advise on where to invest my money from a 1031 rollover. I will have approx 360k to invest with 165K equity. My current property doesn't cash flow but the appreciation has been great! I'm an accidental landlord but am now ready to invest in SFH, duplex, triplex, etc. I am interested in cash flow and appreciation. My current market, Portland, OR/ Vancouver WA isn't a great place for me to buy right now, with my goals in mind. I plan to be a buy and hold investor, and plan to keep my properties for 15+ years. I have cash reserves, but not enough to buy a fixer upper unless I take a loan against my retirement funds.

I have been looking at locations in WA state, and in places I have family/friends.  I have found a turnkey company in MI that I've vetted and looks good for my needs.  I have also looked at Las Vegas, but Vegas makes me a bit nervous.   My specific questions are...

Should I buy in a state that I have no ties to? Should I buy duplex/SFH or a mixture? Should I take a loan against my retirement to buy a property(s) under market value to fix up? I have been doing a ton of reading and listening to the BP podcasts. It's great to connect with other investors! Thanks in advance!

Hello BP! Just looking for some opinions/advise! I will have approx 380 to buy with a property I'm selling(165 equity). The current property doesn't cash flow, but the appreciation has been great! About me...I'm an accidental landlord but am now ready to buy more properties. I'm interested in SFH or duplex/triplex. I am interested in cash flow and appreciation for the long haul. I'll keep the properties for 15-20 years or longer. My area (PDX) isn't a good place to buy right now. I have some reserve cash, but not a lot to pay for upgrades/fixes unless I take a loan against my retirement. My first goal to to make 3k a month, then the sky's the limit! I have been looking in places that I have family and friends, but nothing has jumped out at me yet. What would you do?? Thanks in advance! Chris

I'm following this thread, as my goals are similar.  @JR Hinds, why Chicago?  And would you be willing to share the turnkey company?  Thanks!

Congratulations! It's great to hear that you had a first goal, saved enough for your down payment and found a great deal! I look forward to hearing about deal number two!

Thanks for the info, Bob.

Bob, thanks for the post.  I'm curious, why do you suggest buying more in Hawaii? The market is at a 10 year high (at least my condo complex).  Where are you currently buying?