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All Forum Posts by: Nicole Collins

Nicole Collins has started 4 posts and replied 36 times.

Post: Newbie in Corona, CA (Inland Empire)

Nicole CollinsPosted
  • Riverside, CA
  • Posts 37
  • Votes 19

Hi Susan,

Glad I helped to inspire you to post! It was my first time today as well. Ive been lurking as well and decided to just jump in! :-) 

Post: Newbie from the Inland Empire, Riverside area

Nicole CollinsPosted
  • Riverside, CA
  • Posts 37
  • Votes 19

@Dmitriy Fomichenko   Thanks!! 

Post: Newbie from the Inland Empire, Riverside area

Nicole CollinsPosted
  • Riverside, CA
  • Posts 37
  • Votes 19

Hi! @Susan Melcher, no I havent... I know there is one near me at the Mission Inn, I've been meaning to check out. But with a little one its hard to get away. Do you attend any? 

Post: Sell my single family to purchase a multifamily

Nicole CollinsPosted
  • Riverside, CA
  • Posts 37
  • Votes 19

Thanks @Monique Rene Coates, that totally makes sense! 

Post: Newbie from the Inland Empire, Riverside area

Nicole CollinsPosted
  • Riverside, CA
  • Posts 37
  • Votes 19

Hi Biggerpockets community,

My name is Nicole Vargas (formally Collins). I got started in real estate back in 2010 and bought my first single family property in Riverside, CA. I didn’t realize it back than but it was a really good time to buy in CA, housing prices had plummeted. That same house is now selling for double what I paid. Since then, I got married and had a baby and my husband and I purchased a duplex in Riverside. We live in one and rent the other. For my real job, I am a Registered Dietitian, and I work an 8am-5pm at a university. We are looking to invest in enough multifamily properties that will generate enough cash flow replace our income. I am doing a lot of learning right now on the Biggerpockets site and reading books and trying to figure out our next move. Are there any investors out there that invest in San Bernardino, prices seem good but I know the areas are not the greatest. Any recommendations/advice would be much appreciated! Looking forward to meeting everyone.  

Post: Sell my single family to purchase a multifamily

Nicole CollinsPosted
  • Riverside, CA
  • Posts 37
  • Votes 19

Hi, 

I am new to Biggerpockets and Real Estate investing. I'm learning as much as I can right now on this site and reading books. I currently own a single family home that I bought in 2010. My Tenants pay $1500 and my mortgage is $1000. I want to starting investing in multifamily properties (I own one duplex that I live in and rent the other), so I am thinking of selling this home that I own $160,000. An identical home sold in the last 3 months in the area for $244,000. I would use this profit to purchase a multifamily property, that is a good deal of course. Any advice? is this a good move? 

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