All Forum Posts by: Jocie M.

Hmm, so if I am understanding you correctly Ziv, forcing appreciation through updating and repairs is not necessarily a sure thing. Is that correct?

Thank you! This information is very helpful; I have a clearer understanding now.

Jocie

Jon and Ryan,
Thank you for replying. Sorry about the unclear nature of my questions; I suppose that just means I don't quite understand the full process yet. I think, however, both of your responses together answered my question concerning the timeline of buying a property, improving the condition, and getting it to generate income. If I understood correctly, repairs can happen before tenants move in, which increases the holding costs but may allow for you to raise the rent, and/or repairs can be done with tenant living on the property. In the latter situation, would you also raise rent after repairs are complete?

I'm am hoping to do some cosmetic repairs on the properties I invest in in order to force some appreciation; I am wondering how to account for actually making them? Does this extend holding time and therefore affect the amount of cash flow? What if there are tenants living in the units? Do I have to wait until they leave?

Thank you Lucas and Kelly for your encouragement and advice. It definitely helps to know I am thinking in the right direction.

Jocie

I am new to the investing world and I am still working hard to educate myself. I would like to find a job that might teach me skills related to buying and/or owning real estate. I've been considering Assistant Property Management in order to learn the ropes a bit better. Is this a good route to take? Are there potentially better ones?

Yes Belinda, I did find the Beginner's Guide to be very helpful. It was precisely what I want looking for...something to lay it all out and give me good leads for further reading.

Thank you Michelle for the suggestion about Cheyenne, WY. I will definitely check it out further!

Hi Gary. Beginning can be a bit intimidating, but slowly I can sense my perspective changing and knowledge growing. If I read any spectacular books or articles I will be sure to pass them on.

Well, I know I am moving out of Santa Cruz at the end of August, and I am looking to move to one of those locations. For personal reasons, they are all great places, and so I am willing to let the type of market for each area be a big part of my decision. Doing my research...

Thank you for the welcome. And thanks for the heads up about the Denver/ Ft. Collins difficulties Jon. I'll be sure to keep that in mind.

Hi, my name is Jocelyn Moore. I am new to Biggerpockets and new to the real estate world. I am interested in investing in duplexes, triplexes, and 4-plexes in the San Francisco Bay, Denver, Fort Collins Colorado, and/or Burlington Vermont areas. Currently, I am working on educating myself on the basics of real estate investing. I've found many of the articles on Biggerpockets helpful and I look forward to learning more in order to construct a smart business plan in the near future. Thanks in advance for the information and conversation. I am undecided on where I am moving to in the next year and which part of the country I want to invest in. If you live in the locations mentioned above, I have open ears for suggestions, comments, and criticisms.