All Forum Posts by: Julia Lyrberg

Hi Max, Sounds like you’re in a great place. Living in a camper van for 3 years while working remotely is impressive — that kind of adaptability definitely carries over to real estate. It’s great that you’re already networking and tracking the market. I’m in the private lending space, so if you ever want to chat about financing options or need a second opinion on a deal, I’m happy to connect. Best of luck as you get started in Phoenix!

Welcome Anthony, BP is a great platform to learn and connect with other investors!

Congratulations James!

Great story! It shows how closing deals and building a solid reputation attracts off-market opportunities.

Hi Shakti, As a lender we do work with US-visa holders as long as they have an established credit score in the US. I'd be happy to connect!

I'd suggest avoiding co-ops if you want the option to rent it out later. Co-ops have strict subletting rules that can change anytime, which could make things tricky. Condos are a better bet since they usually give you more freedom to rent and are easier to sell. Just keep in mind that condos still have HOA rules and fees, which can sometimes limit rental options or add extra costs. It's smart to review the HOA guidelines before buying so there aren't any surprises.

Hi Mike! It’s a good move to have a contractor walk through before making an offer to estimate costs and timeline. It’s also always a good idea to be a little conservative with your timeline and rental income estimates since delays and surprises happen. This way, you’re not caught off guard.

Welcome to the group Sebastian! It sounds like you’re in a great position to start your real estate journey, especially with your brother as a built-in renter. House hacking with an SFDU could be a smart first step since it allows you to reduce your housing costs while building equity. If you can find an MFDU in Asheville, that could be even better for cash flow, but I know inventory can be tight. Buying a rental property while continuing to rent is another solid option, but it might come with more risk since you’d be juggling rent and a mortgage. I’d suggest running the numbers on each option to see which aligns best with your long-term goals.

Hi Lolo, Sounds like you’ve got a great plan in place. Balancing properties with strong cash flow and others with higher appreciation is a smart way to build a well-rounded portfolio. If the market feels too crowded, it might be worth exploring other areas where you can still find good deals. Connecting with local realtors who specialize in investment properties is a great move — they can help you spot opportunities before they hit the market.

Buying a rental property through an LLC can offer liability protection and may make it easier to separate personal and business finances. However, it can come with extra costs for setup, maintenance, and potentially higher interest rates on loans. Purchasing in your name might be simpler and cheaper upfront, but you'd be personally liable for any legal issues. Many investors start with personal ownership and transfer the property to an LLC later, but it depends on your long-term goals and risk tolerance.