All Forum Posts by: Mike Paolucci

Hi all i am a new real estate investor and just bought my first rental property a few months ago and now have it all rented out. I have been living in my home I grew up in and next year I am looking to move out . I am thinking since I want to continue my real estate journey if I should buy a duplex and just live in it and rent the other half out as opposed to buying a single family. can a single family home that you live in be considered an investment at all? I live in new jersey. just asking for personal experience or insight. still got some time until I look to move out next year. 

Hello,

I am Tamera McNeil and looking into buying rental properties and investing. I would greatly appreciate feedback about buying real estate in the Bay Area. Thank you and excited to be on the BiggerPockets platform. 

Hi everyone, 

I live in California and have been meeting a lot of investors who prefer to invest out of state due to California being so expensive as well as the aggressive tenant protection laws we have here. I have heard both the good and the bad sides of investing out of state and so I am curious to know what other's experience has been?  I have mostly heard about LTRs specifically in Indiana, Alabama, Texas, Michigan, and Ohio but I am open to hearing anyone's experience anywhere. Would really like to hear your thoughts!

Hey everyone,

I'm looking for some guidance on investing in real estate before the year wraps up. I'm based in the Tampa area, and my business operates in South Florida. I've been exploring options for a multifamily property, single-family homes, and even a luxury condo that could work as an Airbnb.

My primary goal is to find an investment that has good potential for profit and tax benefits for this year. I’d rather avoid anything that could become a headache down the line, even if it means a higher initial cost. I have liquid funds ready, but I want to make sure this is worth my time compared to the 5-6% cap rates I've seen on multifamily units in South Florida, which are close to what I already get from CDs and high-yield savings accounts without the hassle of property management.

I'm also hesitant to invest out of state since I'm new to real estate and don’t want to make a costly mistake. I’m here to connect and get some honest insights—not just a sales pitch—so if anyone has tips on properties or areas with good potential for appreciation and tax advantages, please let me know!

Thanks in advance for your advice and recommendations!

For those managing rentals out of state, how do you ensure everything runs smoothly? Do you rely on local property managers, or do you have your own systems in place for things like maintenance, tenant communication, and rent collection? I'd love to hear about your experiences—what works, what doesn't, and any tips for making remote property management easier.

Hey BP friends,

I was wondering if anyone has experience with MTR out of state? Particularly in the Cleveland/Columbus area. I would love to hear your thoughts on such a strategy, what to look out for?  as an out-of-state investor (First investment property).

Thank you!

Good Morning,

What areas are still cashflowing and I can scoop up and hold? Is Ohio/Indiana/arkansas over-saturated now? Looking to network with realtors and investors in the game! Cash ready. 

I've been studying real estate investing the past 3+ years but never took any action. After a recent wake-up call I realized I had the classic "paralysis by analysis" and am looking for some help in taking that first step. For some brief context on myself, I've always had a passion for investing, which led me to getting a BS in finance and a job in financial planning. I started with stocks & derivatives trading, but eventually realized that real estate is much more scalable and offers long-term financial freedom.

Hello everyone,

I am from the Bay Area and looking to relocate to a area where I can start my investing journey. Right now, California would be impossible for me so I am looking into areas where their is a lot of opportunties. Open to any state as long as I can make money and grow.