All Forum Posts by: Danielle Wolter

Thanks @Pamela Sandberg! Phoenix sounds like a really great market - and Arizona is one of my favorite places to visit. I've spent some time in Tucson, but not Phoenix so I don't know the areas very well. As I get into it I may shoot you some questions. Thanks!

Congrats! Can I ask where in San Diego? I’m from the area and am curious.

Welcome! I am relatively new as well and have had some interest in Tucson. I have family there and it's only a few hours from where I live now. Good luck and I'd love to hear how you like the market!

@Rhonda Blue I totally agree with loving what you do! There is so much to learn in the investing world, I'm very excited to get moving. Tennessee is definitely an area I'd be interesting in investing in the future. We should totally chat. 

@Stephen Akindona Thanks so much! Great to know someone I can talk to if I settle on Memphis. I do lean that way because I've been there many times (it's been a few years) and do enjoy the city. And the great food!

@Brad Sparks Lakeside, CA - I think you're right down the street from me - I'm out in Alpine. Anyways, I did about a million Google searches for the "best" markets to get good deals in. I then checked average home prices to get to an area that was more affordable for me. The I just looked up data such as job growth, unemployment, average income, property tax rates, etc. I eliminated some of the hotter markets (Phoenix, Dallas, Austin) only because prices have increased in those areas and it may be harder to find deals. I'm also ok with investing in a lower cost of living area. 

I'm new to the Bigger Pockets community and am very excited to be here - such a wealth of information already.

I am an investor from San Diego, CA looking to branch out into OOS investing due to the high cost of property here. I own 2 rental properties here in San Diego already, but bought them a few years ago without really knowing what I was doing. One cash flows, the other I am just crossing my fingers for decent appreciation (it's in downtown San Diego).

I am a licensed real estate agent in CA, but am not active. I only used it to buy my own rental properties and my personal residence. I know some, but not a lot about real estate.

I have really been working to get more educated and am very interested in using the BRRRR method of buy and hold. I have been looking at several markets such as Memphis, Knoxville, Tuscaloosa, Omaha, Madison WI, and Tulsa. I'm just trying to narrow it down to one area so I can focus on learning the market and making connections.

I work a day job and plan to use the money from that to fund my real estate investments, as well as a HELOC I am in the process of closing on.

I am excellent at analysis (I'm a numbers person at my day job), but very weak in knowledge on rehab. I hope to learn more about that part of it on Bigger Pockets, and honestly, through experience.

I am looking forward to learning a lot and making some new friends and potential business connections in these forums!

Hi Christopher,

I am actually currently in the process of getting a HELOC on a rental property and haven't had any issues. However, my regular lender could not do it - I had to go to a small local bank. They are lending 70% LTV, which I understand is typical for rental properties. I would start calling around to banks/credit unions to find one that offers it.