All Forum Posts by: Antoine Martel
Antoine Martel has started 9 posts and replied 533 times.
Post: How much cashflow or flipping profits do you keep?
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
Post: New investor in the Raleigh, Durham area
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
Welcome to Bigger Pockets!
Post: Renting to someone who has previously been evicted?
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
Wouldn't do it even if the terms are attractive. Why give yourself the headache.
Post: What Ratios in Current Market
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
Bryan.
I am beating the 1% rule and $200/door/mo. But I am investing outside of Houston.
Post: What type of Loans used for Small Multifamily properties?
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
If you are going to house hack then use an FHA loan. You can get another FHA loan if you refinance it out. But not sure if that is going to make sense to refinance out an FHA loan because of the low interest rate.
Post: Our Journey As Young Entrepreneurs Continuing
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
Oliver.
I'm a young entrepreneur as well and love the hustle. Just remember to stick it out. This game is a marathon. Not a sprint. Hang in there and get some deals under your belt. Reach out to me if you need any help. Good luck to you and your partner!
Post: How Do We Propose A Podcast?
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
You have an idea for a bigger pockets podcast?
Post: Build new or buy old for rental income
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
I would recommend buying a property and not building for rental income. Normally building for rental income will not make much sense unless you are building a multi family.
Post: New investor, need help with finding a reliable contractor
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
Have you thought about looking on HomeAdvisor or Angie's List?
Post: Are RE investors in Los Angeles crazy, stupid or know a secret?
- Investor
- Los Angeles, CA
- Posts 577
- Votes 240
They still make good returns on their money, they can make $50k of profit on a project if you take into account realtor fees and profits. Most of them get their agents license and sell their own properties.