All Forum Posts by: Jenelle Abrams

@John-Patrick D. Bailey have you started listening to podcasts yet? It's a great way to start collecting little knowledge gems if you aren't sure where to start. Also, asking questions in the forums is a great way to get connected with members who are surprisingly open and happy to connect. It's incredibly refreshing. 

Happy learning!

 Thanks David. He and I did some work on finding the middle ground and our plan for scaling and while we're in the same chapter, we're still on different pages. You may be hearing from me sooner than you think. 

We also learned about investing in tax liens today too. So many options!We do agree that we need to consult with a real estate investment group and financial planner in the very near future though. 

Thanks

PS a former coworker of mine used to rave about Coeur D'Alene and dreamed of retiring there. I'll make out there one day to see it for myself. 

 Hi Nicole,

I didn't even know I could invest in tax liens! Thanks for the tip and the link. I'll be doing some research today. 

Hi @Shai Flax,

I woke up this morning and realized I was too excited to post. My vision is actually quite clear but I didn't express it at all. Haha. My dream portfolio consists of properties based in coastal markets which are often higher priced, but the appreciation potential can be higher. I also have an emotional attachment to coastal markets, thus if I need to step away from my emotional connection to investments I'm willing to do so. 

My idea, as a novice, is that I should invest in cash flowing markets now to increase the capital I have to invest in the higher priced and often more-competitive markets. I love real estate and actual properties but I acknowledge that at this particular stage in my life, recently married, full time student, full time healthcare employee, adding landlord to the list might make go grey a little faster. As a few things shift off my plate, primarily school, I'll feel more comfortable taking on a more hands-on role. 

Thank you for the reminder to more thoroughly explain my thought and vision. :)

Hi everyone! 

I live in the Bay Area in California and in spite of great income from my W2 job, property is expensive. While my capital is limited (about $50k at the moment) my debt to income ratio is low (if we aren't looking at those cursed student loans). 

I'm fortunate to live in a property owned by my mom, that has about $200k in equity. I do pay rent here, which I don't mind but I'm wondering if taking a HELOC to invest would be a wise way to go. The home was refinanced last year to take advantage of the low interest rates, which is also why I want to invest now before rates increase, no matter how slowly.

I haven't quite determined my niche market just yet, I'm interested in starting with something on the more passive side of the spectrum like note investing or limited partnerships, my husband wants to go straight into something like the BRRR model, short term rentals or long distance investing in more affordable/better cash flowing markets. I'm open-minded and not entirely risk averse but I do know I don't need another headache.

Any thoughts or advice are greatly appreciated on a good starting point for a healthcare professional and full-time student that has no desire to start investing as a landlord. 

Thanks for your thoughts. I look forward to hearing from you. 

Hi everyone,

Despite long term interest, I have only now felt ready to start investing. I live in the Bay Area in CA and the market is incredibly expensive. I work a full-time W-2 job and have good income but I'm not certain I want to start with tenants. I recently heard about investing in non-performing notes but when searching the forums I didn't see a lot of information on the topic. I'm also interested in learning more about limited partnerships vs real estate investment trusts vs syndications.  

I'd love to hear from anyone with experience in the industry to figure out the best place for me to start my real estate ventures.

I'm also looking for a mentor so if you like teaching open-minded, knowledge-hungry newbies that are looking to start investing yesterday let me know! 

Jenelle

Hi @Leslie Bandy,

I, like Nick, am looking to invest in other areas, outside of the Bay. I'm currently trying to educate myself on what it would take to break into a real estate market outside of my area. Mr. Sharma's meetups look great but unfortunately, with my work schedule, it's unlikely that I would be able to make it to one. It seems like the Bay Area market is unique and certainly stands on its own compared to other markets.