All Forum Posts by: Karinne Ovalles

This all has been most helpful! I am still doing some research on the area. 

Just a few follow-up questions:

Are the units being sold tenant-occupied, or will they be delivered vacant?

Are the tenants currently responsible for any utilities?

Additionally, are there any other similar properties currently available or scheduled to come to market soon?

I was hoping to see if there is an opportunity for BRRR.

I appreciate your time and look forward to hearing more!

Thanks for sharing—this property looks ideal for what I’m looking for. It aligns well with my goals and investment strategy. I’d love to learn more about it or other like this. 

Best,
Karinne

Hi Jaycee,

Thanks so much for the warm welcome! Yes, you're right — I’m currently focused on 2-4 unit

Goal: $2,500/month in net cash flow
Target Price Range: $500,000–$800,000

I’m open to either turn-key or light fixer-uppers—as long as the numbers work and the property has good potential for cash flow and appreciation. Still learning a lot, so I really appreciate any insight or advice! 

Best,
Karinne

Hi, I’m Karinne Ovalles — a newly licensed real estate agent based in the Westchester and NYC area, passionate about helping people find their dream homes. With a background in customer service and a genuine interest in understanding my clients' needs, I bring integrity, enthusiasm, and a personalized approach to every interaction. I'm especially excited to keep learning and growing in this field and would love to connect with others in the industry.  I look forward to learning from you and supporting each other on this journey! 

I’m new to real estate investing and I’m currently focused on learning everything I can, especially about purchasing my first multifamily property. I'm particularly interested in opportunities in the NYC/Westchester market.

I would love to connect with a mentor or experienced investor who’s open to guiding a beginner. I’m eager to learn, I’m coachable, and I’m not afraid to do the work—whether that’s running numbers, researching deals, or shadowing someone through the process.

If you’re open to sharing your experience or even just pointing me in the right direction, I’d be incredibly grateful. Feel free to DM me or reply here—thank you in advance!

Investment Info:

Single-family residence other investment.

Purchase price: $80,000
Cash invested: $30,000

Five years ago, I blindly jumped into real estate with no experience—just a gut feeling and a bold offer on a vacation home. I had no plan, no background in investing, and made plenty of mistakes along the way.

But here I am, three years later—my property is officially listed on Airbnb! It doesn’t generate extra profit (yet), but it fully covers the mortgage and some other expenses.

What made you interested in investing in this type of deal?

Always drawn to real estate, I took a leap of faith—put my fears in the back seat, and buckled up for the rid.e

How did you find this deal and how did you negotiate it?

I found the listing online, and the whole process was done virtually.

How did you finance this deal?

I took a loan from the bank and paid the closing costs myself with some savings.

How did you add value to the deal?

Over the past few years, I’ve invested a lot of love and sweat into improving the house, encompassing minor repairs, some remodeling, and a few weekend DIY projects. It’s come a long way and now feels like the perfect little vacation spot. Cozy, comfortable, and welcoming for guests looking to unwind.

What was the outcome?

This journey has been full of learning, trial and error, and growth. I'm still a newbie in many ways, but I'm proud of how far I’ve come.

Happy to connect with others who took a leap and learned as they went—what lessons have you learned from your first investment?

Lessons learned? Challenges?

One big lesson I’ve learned is that patience is key—rushing leads to mistakes. Also, keeping things simple goes a long way. Minimal touches can make a big impact.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Only the agent who helped with the sale.