All Forum Posts by: Lisa Dittman

Hi @David Damsgaard, it looks like from a numbers point of view that this is a good deal based on the saleprice versus cash flow. With not knowing if it needs any work it's hard to say if you would have any expenses right from the start. 

Section 8 can be great because you get paid every month, but it also has some downsides. I would do some research on that. 

As far as benefits for buying your first home I believe you need to occupy it yourself. Rates are really good right now so a mortgage would be minimal.

Good luck to you! If you need an agent in Detroit please let me know. I can connect you with someone.

Lisa

Hi @Mike Weinstein, welcome to BiggerPockets! It's exciting to start a new journey and to be part of a network of people who invest in real estate. I can connect you with an agent that understands the market in which you are looking in to find a good long term rental if that is what you are interested in. If you can message me I can get more details and a better understanding of what you are looking for. Congratulations on taking the first step!

Lisa

Hi @Richard Mercado, I can definetly help with connecting you with an agent who is knowledgable in investment properties. If you can message me I can get further details to get you the right person.

Thanks, Lisa

Hi @Sam Eknoian, @Ian Gorman,

An LLC is a very good idea to protect your assets and for tax purposes. Definetly talk with an attorney about benefits. It is not difficult to set one up and will save you possible time and money in the future. Congratulations on your achievements!

Lisa

Hi, @Enyi Ajoku, @Jim Bice

Yes, I have had experience with that firm, you won't be disappointed. I would love to connect, I'm right around the corner from you.

Lisa

Hi @Matthew Bell, and Welcome to BiggerPockets! This site is a wealth of information and experience ranging from day 1 to decades of knowledge. First thing I would do is to put together your profile with your picture, it's a good place to start. There are an abundance of books to read, but choose some that have information about what interests you specifically in real estate. I hope that helps, good luck to you and your endevours!

Lisa

Congratulations! @Antonio Cucciniello

It's always great to hear about success in real estate! 

Lisa

Hi @Zinkeng Asonganyi, welcome to BiggerPockets! If you have not found someone that you have connected with in Houston, message me and I can try to connect you with an experienced realtor with investment experience.

Lisa

Hi, @Stacy Lambert, unfortunetly Zillow isn't regulated. If a homeowner is even behind on their first year of taxes, Zillow lists it as a preforclosure, many people are in uproar about it. It gives them more listings on their site. Zillow can be very useful and a great resource, but not always completely accurate and updated regularly, so there is always more research on your part and due dilligence. Good luck with finding your properties!

Lisa

Hi @Adam Barber, if you haven't found an agent to help you with feedback on properties that you are interested in and possibly want to purchase, I may be able to help connect you with someone local.  Please message me if you still need assistance.  Thank you!

Lisa