All Forum Posts by: Gabrielle Martin
Gabrielle Martin has started 11 posts and replied 67 times.
Post: Looking for a stable rental market
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
Hi @Sam Flannery I plan to invest in Philly (or Baltimore) next. I would love any information you’re willing to share about the rising markets.
Post: Looking for a stable rental market
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
Originally posted by @Nicholas Moran:
Yeah I tend to see “Class/Zones” according to surrounding neighborhood/block.
For example I house-hack in South LA.. Id say my block is a C while a couple blocks over are D/F.
Probably not the “right” way to communicate it but it works for me.
Post: Looking for a stable rental market
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
Originally posted by @Irina Belkofer:
Originally posted by @Gabrielle Martin:
I've found good deals Cleveland. For example, I purchased a 4-Plex for 69K and it nets about $1200/month. No rehab needed.
In the neighborhood where Rent is around $400/mo (to make it net $300), houses were selling for $100.
Even if rehabbed - it's still the hood.
You can buy a SFR for $69K and cash flow $900/mo but you'll know you can park your car next to it and don't worry to walk down the street.
I wish you luck!
Thanks!
Post: Looking for a stable rental market
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
Originally posted by @Kyle Schlosser:
Sure, my property manager actually owned it and sold it to me. Correct it’s a C class property.
Post: Looking for a stable rental market
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
Originally posted by @Kyle Schlosser:
Yep!
Post: Hello BiggerPockets I have been on here for a while now
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
Welcome to Bp!
Post: Looking for a stable rental market
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
Originally posted by @Tim Bryant:
Tim
Found good deals in 44103 and 44110. Helps to have a good Property Manager.
Post: Looking to House hack a Multi-Family! I need of some help
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
Smart move to House hack. I do this in Los Angeles and am basically living for free...
For more info, listen to the free BP podcast (on itunes) while driving or whenever you have quiet time. They're incredibly informational. Also start looking at current listings to get used to analyzing numbers. I'd use Redfin for listings since they usually show the current rents and potential mortgage payment. & I believe BP has alot of good calculators.
Good luck on your journey!
Post: August South Los Angeles Bigger Pockets Meeting
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
I'll look out for the next one!
Post: Than Merrill--Anyone familiar?
- Rental Property Investor
- Los Angeles, CA
- Posts 73
- Votes 55
I attended the 3-day seminar back in 2016 before I knew anything about investing. Cost about $200.. Totally worth it because it taught Investing 101 and gave me an idea of what I didn't know about the industry and got my brain wheels turning. That's about it. Of course they tried to sell a $20K membership after but I passed.