All Forum Posts by: Mark Tabah

I appreciate the contacts Debbie, thank you!  I will be reaching out shortly!

Thank you for the references Cory!  Congrats on your first deal as well sir, may it be the first of many!!!

Howdy Indianapolis investors!

I just had my first offer accepted and I'm looking for recommendations for an Appraiser, an Indiana-based lawyer, and an Insurance agent.  Please let me know if you know someone who could be of help, thank you!

Thank you for the amazing welcome and wealth of information Justin!  Your post is a trove of knowledge unto itself!  That's my two favorite parts about this site, the depth of information and the helpfulness of everyone here!!!

 Hi Pamela! Like you, I'm excited about the growth opportunities in Phoenix, the city has TONS to offer!

Thank you for the welcome James!  I'm working on getting my first deal as we speak.  You're right about it being the hardest, but I know it will also be the sweetest!

Good morning @Ali Boone! Thank you for the warm west-coast welcome! By "active" I mean properties that I am purchasing and managing myself, performing rehab/upgrades from afar when necessary; whereas with passive, I mean taking part in a larger deal where I am only putting in money, likely for a much larger deal (like an 8-unit in the heart of Phoenix). I am aware of the 2-4 and 5+ split in financing; for me being part of a larger commercial deal where I can learn a lot about the differences in processes stands out as a fantastic opportunity to educate myself.

I'm interested in Indianapolis for the consistent job growth, ease of entry into the market (versus homes here in LA), the Cap rates and ROI that's achievable, and some of the really cool programs that have popped up, like Near Indy. Phoenix I don't see any slowing in its growth given the geographic location in terms of a constant workforce supply and the Arizona tax code versus CA (a tax-heavy state for businesses). In both places, there's also a push by elected leaders (gov Doug Ducey in AZ, mayor Joe Hogsett in Indy) to get businesses to invest in their cities.

Hello Bigger Pockets community!

I'm Mark Tabah, currently residing in Redondo Beach, CA and working in Rancho Palos Verdes, CA.  

I work at the beautiful Terranea Resort for PSAV, North America's leader in audio/visual/IT services in over 1500 locations.  I earned a BA from Wheaton College in Norton, MA, double-majoring in Economics & Philosophy and competing as part of the NCAA DIII Track & Field Team (Pole Vault & sprints).

I'm here as a beginner in Real Estate, hoping to close on my first deal 1Q 2019!

I've spent the past 2.5 years reading, listening, learning, deal-making, and saving to get to his point.  

I took the time to zero-out all debts, getting a private-money loan to pay off all my credit card debt at once and paying it back with a greatly small percentage over an 18-month period. I've been able to increase my income by 10-12% year-over-year; I pay myself ~25% of my monthly income (that jumps up closer to 30% when taking into account 6% Roth IRA contribution).

I also used that time to educate myself - confession, I've been lurking on the site for a while now, reading tons of posts and soaking up all the brilliant BP knowledge!  I've also tuned into a bunch of BP webinars and listened to 100s of RE-focused podcasts.  

I'm looking to buy and hold (active & passive) in the Indianapolis, Indiana and Phoenix, Arizona markets for single-family and small multi-family properties in the 2-8 unit range. 

If you've gotten this far, thank you for taking the time to read!  I look forward to learning from you and hopefully being able to lend a hand or an encouraging word.  Thank you!

Mark