All Forum Posts by: Kabene Gebremariam

Thank you! 
Appreciate you all for your insights ! So greatfull 

Thank you so much Jason !

This is really helpful! 

Hey everyone,

I could really use some guidance on a multi property investment decision . I am looking 4-plex mainly but I can duplex’s too  in Dallas and it’s subrb. 

Primary residence 2600/ per month at 2.75% 

Saved up  96K and 94 k in Heloc 

I can save up to 1500 / per month from my full time job . 
I belive it is time for us to jump in investing. 
I was debating should I do 4 plex or duplex with what I can make a down payment above between 35-40% to start with ?

Appreciated your advise 

P.S-If you have good deals at 1% rule send it over . 

Thanks for your help!

Thanks Joe Homes!

Appreciated all your advises!

Hello all !

Am a newbie to investing on properties!working full time currently and a mom of three . trying to educate myself here and same time looking for a property to purchase a STR arround Big bear a mountain city in CA which is 1and half hour away from where I live .

Thank you all in advance and appreciate any advise !

1.if I manage the STR myself versus managing company , Is buying arround the lake or in the city better in what way ?

2. Is buying 2 bed or 3 bed is good for STR?

3. If you buy 3 bed and only use 2 bed for STR is the licensing by 2 /3?

4. What are the challenges having a house in mountain ?

5. How’s getting contractors/ handy man : cleaner and all ? 
6. Worth to buy a TLC property or better to buy furnished homes ?

7. How's business at all for STR in big bear right now , I wonder if the recession affected it or not as much ?

8. Is the quarterly tax( TOT /TBID) only for the lake area or to the city too ?

9. Insurance company recommendation in the area ?

10. Appreciate if any list of which streets get snow removal from the city ?

11. Best managing company recommendation? All managing companies I researched are very expensive between 25-30%
12. Best cleaning company and also handy man recommendation?

Anything you think I should know about STR in Big bear ?

Thanks again