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All Forum Posts by: Daniel Lozano

Daniel Lozano has started 6 posts and replied 13 times.

Post: Multi-family investing in Fall River, MA

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4
Originally posted by @Fred Medeiros:

@Daniel Lozano - I currently own and manage several homes in the Fall River area. I have extensive knowledge on both the ownership, management and real estate sides. Let me know if we can chat about your future plans.

 I will message you right now!

Post: Multi-family investing in Fall River, MA

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4
Originally posted by @Allen Lomax:

The best way to start investing in real estate is what is now referred to as house hacking.  Essentially, you rent out a portion of your dwelling.  It could be an existing duplex, tri-plex, or quad.  The other tenants are paying your mortgage.  At the same time you get all the tax benefits that come with rental property.  It is a low risk way of breaking into real estate investing.  It give you property management experience.  It gives the tax breaks already mentioned.  It helps pay down the mortgage giving you equity through appreciation.  You'll find lots of articles here on BiggerPockets pertaining to househacking.

Thanks! some of my family friends have done that and its worked out for them. I'll start looking into it, it would mean I would need to look in my area of long island to start. Thanks for the advice, much appreciated.

Post: Multi-family investing in Fall River, MA

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4
Originally posted by @Kenneth Veiga:

Considered it before. Still possible. I will research the area again. Stay tuned!

 Let me know what you found in your research! the multifarities could definitely be swooped up way below market value and i was thinking because of the Boston railroad coming in 2 years it would bring many new people or investors!

Post: Multi-family investing in Fall River, MA

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4
Originally posted by @Abbie Gibson:

I am also interested in multifamily investing around Fall River. My partner works at NUWC and it is the closest commute time that is affordable. Although I have yet to invest and have no advice to give, it’s great to hear of others investing in the same area.

 PM me let me know what you and your partner are looking for! I'm still pretty far away but I visit my GF in Newport maybe we could pass by! or zoom call.

Post: Bigger Pockets app not working for me

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4

@Daniel Lozano

Never mind I’m just really bad at using this app. Getting better though!

Post: Bigger Pockets app not working for me

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4

So I've been using the app a lot lately and i was curious why I wasn't getting any notifications ( I was answering a lot of questions and trying to connect with a lot of people). Just saw I had more than 20 notifications so I was just wondering if this happening to anyone else?

Post: Any MultiFamily investors in South Carolina?

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4

I’m looking into MultiFamily deals in South Carolina since my brother lives in Charleston and he would be my boots on the ground. But just wondering what kind of cap rates do you typically look for in this area?

Post: Any investors in or near Bismarck, ND

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4

So I was looking at multi families in Bismarck and I was looking at very reasonable prices home but very low rents so I wanted to know how as an investor do you make deals with such low margins? Also what types of investments would you prefer in that area?

Post: How much time do you spend on BP????

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4

@Esteban Jimenez

As of now that I want to begin my real estate investor journey I’ve been on the app for at least 2 hours a day. Before I was actually just interested and seeing the options was maybe once a week. I’ve been just getting drowned in the podcasts mainly but I would like to start meeting like minded people and networking more often! My Goal is to get my first multi family home by next year!

Post: Zillow for actual home prices

Daniel LozanoPosted
  • Contractor
  • East Meadow, NY
  • Posts 13
  • Votes 4

So my I browse a lot on Zillow and always see some ridiculous prices but then other prices very good. But I was just wondering about the zestimate and what they think the homes price should be are these accurate in any way. Does anyone know what they are based off or just educated guesses?