All Forum Posts by: Elizabeth Garcia
Elizabeth Garcia has started 4 posts and replied 30 times.
Post: Finally Became a Long Distance Real Estate Investor in 2017!

- Westbury, NY
- Posts 30
- Votes 13
Congratulations, how exciting @Chivas Miho!
Best of luck and keep us posted on how things go.
Post: is receiving monthly rent in cash bad?

- Westbury, NY
- Posts 30
- Votes 13
Thanks @Mario Mormile for letting me know about E-rent payment, I was only aware of PayPal and Venmo for electronic rent deposits.
Merry Christmas 🎄
Post: is receiving monthly rent in cash bad?

- Westbury, NY
- Posts 30
- Votes 13
Thank you @Eric Gross and @Cara Lonsdale for pointing out he paper trail aspect.
Post: is receiving monthly rent in cash bad?

- Westbury, NY
- Posts 30
- Votes 13
I just finished watching the webinar, "How to Buy Your First Duplex, Triplex, and Fourplex!" in which Brandon comments that collecting the rent in cash was "stupid." Can anyone enlighten me on why collecting the rent in cash would be bad?
Thank you in advance.
Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

- Westbury, NY
- Posts 30
- Votes 13
Post: What do the property class types mean?

- Westbury, NY
- Posts 30
- Votes 13
Thank you for asking this question because I'm new to REI and have also been unsure about the criteria for each class type.
Post: My first buy and hold property

- Westbury, NY
- Posts 30
- Votes 13
Congratulations! What a find to have the property renovated and units were already occupied. You made a great deal and may your success continue.
Post: Closed my first wholesale deal this week

- Westbury, NY
- Posts 30
- Votes 13
Congratulations, what a way to end the year!
Post: Introducing: Long Distance Real Estate Investing by David Greene

- Westbury, NY
- Posts 30
- Votes 13
Post: Novice from Westbury, NY looking for security when retired

- Westbury, NY
- Posts 30
- Votes 13
Greetings and salutations, I’m a novice who is interested in buying my first property by no later than the end of 2019. I’m a registered nurse and, while I make a decent amount now, I want to buy rental properties to hold in order to build up enough wealth to support me in my retirement.
My real estate background is minimal, which is why I’m so happy I recently found Bigger Pockets via Pintrest. The articles contained within are a real eye opener, especially those of Coach Carson, from whom I learned more from his articles and videos, than all the real estate investment books I check out from my local library.
While I know I need more education, I know for certain that at this point, I want a buy and hold rental property. Initially I had decided it was best for me to invest in a multifamily in the NYC area since the houses are quite expensive, but after listening to podcast episode 257 “But my market is too expensive!” I’m now considering looking out of state (I can either use down payment towards 1 home in NY, or towards 2-3 properties outside the state).
I'm looking forward to connecting with other members of the BP community and if anyone could suggest any REI meet ups in the NYC area that focus on rental properties (MFH) or out of state buying (there are so many meet ups it's hard to decide), I'd greatly appreciate it.