All Forum Posts by: Mike Paolucci

I’m a young real estate investor looking for properties that generate positive cash flow. Unfortunately, in the Montreal area, it’s nearly impossible to find properties that cash flow unless you put down a very large down payment.

I’m curious—how do other investors manage properties that are located hours away from where they live?

I’ve found some properties nearby that could generate about $10,000 in annual profit. However, I’m unsure how to handle the work involved, like finding tenants or dealing with repairs. At that level of profit, I doubt I could afford to hire a property manager. I’m not sure what they typically charge, but I assume it would eat up too much of the cash flow.

My biggest concern is finding tenants. How do investors typically find reliable renters when they don’t live close to the property?

Hello! My name is Brendan and I am starting my real estate investing journey. I currently live in the Nashville market and am learning as much as I can. I am interested in single family, multi family, and just learned about BRRRR. I have not looked hard into the Nashville market because it seems to have a higher cost to entry. I have looked at Cincinnati, Cleveland, and Chattanooga markets. Working on saving up cash for first investment. I look forward to interacting on here, as this seems like a big first step for me!

I'm 44 and been wanting to get into real estate investing for awhile now.  I live in central Jersey and have $14,000 saved.  I have a w2 job and my wife also has a w2 job.   I was looking into flipping houses to make more/quick money to build my capital but, the houses are too expensive here in new jersey. Looking to start small and then build up to get better properties.  I have 1 friends that also want to do the same.  We've talked about partnership to look for a houses to flip or to keep as rentals.  I've also looked out of state but, I'm sacred of not living close to the property if something happens and or getting scammed by management company or contractors.  

Hi ,

I'm mooving in ohio and looking for opportunities Multifamily in the cleveland market any advise will be greatly appreciated 

As an active member member I was wondering if anyone had any recommendations or suggestions for when the best real estate strategy/strategies (flipping, short-term rentals, long-term rentals, Airbnb's, BRRRR's, and more) to start looking into. I want to do as much as I can while not overwhelming myself or my family.

Thank you for your time. 

Hello Everyone! My names Vinny, I'm an inspired investor. Looking to find my first out of state rental. I could use some advicex to how our of state investing works. I have lenders and agents lined up in my cities of choice. What precautions should I know abouttake? Should I be buying properties with tenants already (easy route) or should I be starting from scratch? Will I ever have to go to the property? How much should I be paying towards property management? Thank you all for the help ! Excited to join BiggerPockets 

Hi Guys,

I am currently under contract on a duplex in Sacramento CA - the unit was built in 1973 and I wanted to make sure that I am doing my due diligence with ensuring that the condition of the property is up to standard. I have a regular home and termite inspection that has been scheduled - my question to the BP community is : Are there any additional inspections / reviews that should be executed on this property? Also, taking into the consideration that this is an older property - is there anything that I should look out for when inspecting and walking through the property?

Please advise and I appreciate your help.

Thanks!

Raj

       

Hello,

I sell technology to school districts in Washington. I have the opportunity to move out to Washington and have properties in Ohio. My goal would be to purchase and rent out after a year. I would be looking at doing this next year. Looking for someone with experience in that territory.

james 

Hello everyone,

My wife and I are new to real estate investing and are ready to take the plunge. We live in the greater Chicago area and are starting to wrap our heads around market analysis, which feels like a crucial first step.

We're currently debating whether to focus our initial efforts on the local Chicago market and start by managing the property ourselves,or look into opportunities out of state and use a property maneger.

We'd be incredibly grateful for any advice on How do you approach market analysis as a beginner? and if it is advisable to invest out of state for your first property?

Hey folks,

I'm looking to buy my first multi-family and first property in total. I currently live in the Denver, Co area, but I am looking in the following markets: Lansing, Mi and Cleveland, Oh. Would anyone be available to grab a coffee or beer? I'd love to pick your brain about how you got started, mistakes and lessons learned...etc.

Thanks,

Robbie