All Forum Posts by: Darcy Reynolds

@Rafael Ramon I sent you a direct message, happy to help!

Hey Jack, this post is awesome!  I really look forward to seeing which route you decide to take. A lot of times it is very helpful to partner with agents that specialize in your area, they have the best market insights. I work with a strong partner team with investor-friendly agents that focus on the San Diego market.  Would be more than happy to connect you.  DM me if you are interested, and best of luck!

There is some solid advice above! #1-3 are all great options.  If I was in your shoes at the age you are, I think #2 is most appealing.  You will be able to learn a ton and scale overtime.  Capitalize on these forums, ask a ton of questions, and continuing seeking advice from the many professionals on this platform! There is a ton of wisdom here, and this network is wildly helpful.  Inquiring and learning from others will really help you make your next move. Best of luck to you and your wife!

You are asking the right questions, I commend you for starting your investment journey early on! I am new to investing as well, and wanted to encourage you.  There is no need to wait until COVID is over to network and meet up with investors or realtors from your area.  Take advantage of Bigger Pockets, Facebook groups and even Instagram to meet like-minded people.  Some of the most influential and supportive people I have met on these platforms and learned a ton.  Find people that will help hold you accountable.  Don't be afraid to pickup the phone and call realtors in your area to ask newbie questions. You got this!  Going off of advice I've received, the best thing you can do is take action.  No better way to learn than to pull the trigger as soon as you can.  Best of luck!

Interesting read as a former Belmar winter rental tenant! My lease ran Sept - May 1, providing the landlord a few weeks to prepare the home before the summer tenants moved in MDW. Crazy how drastically off-season rents differs from peak season. The Jersey Shore seems like a headache to manage with fluctuating rates throughout the year, but worth the investment based on those returns.

Thanks for sharing!

@Account Closed I love your openness to discuss your situation in detail, it is great for those of us learning the ropes.  I currently live in Manhattan and am facing a similar situation where I'm evaluating the best next step to take. Thanks for sharing your story, best of luck to you!

Congratulations! This is such an amazing and inspiring story.  So proud of you @Nicole (Dunlap) Pendergrass! Wishing you all the best from a fellow New Yorker and aspiring investor!

Awesome thread, such great information! California is tough, I live outside NYC and also feel your pain.  A lot of people by me look in the Philly market. The properties are much more affordable for investors just starting off. Best of luck!

Hey Thomas, I'm in a similar situation to you and understand how challenging it is.  There is so much great information out there and people who are willing to support you on your journey, especially here on BP.  I love Jon's advice above, use that money towards your first deal and go for it!  Best of luck!

@Charlie Cameron this is a great concise list of questions!  Much appreciated, thank you.