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All Forum Posts by: Paulina L.

Paulina L. has started 10 posts and replied 23 times.

Post: Where to get Annual Rent numbers?

Paulina L.Posted
  • Los Angeles, CA
  • Posts 23
  • Votes 8

Hi all, I am looking to calculate Price-to-rent ratios. I was using Zillow to get Annual sales price, and now I am looking to find Annual rent numbers, but I am having a hard time finding this. Does anyone have advice or tools they use on where to get this number?

Post: Tulare - RE Investment?

Paulina L.Posted
  • Los Angeles, CA
  • Posts 23
  • Votes 8

Hi all - I am looking to house hack on multi-family property for my first RE investment. I'm interested in Tulare county, as I see a lot of pop growth, good school districts, high renter %s, and a lot of new construction coming into some of the areas. 

My only concern is that when I run the deal analyses, I'm usually seeing a loss on COCROI. I'm thinking it's likely because even though renter % is high, it seems like the rent people usually pay in the area is still relatively low. Any thoughts on Tulare county as RE investment location?

Quote from @Bob Stevens:
Quote from @Paulina L.:
Quote from @Bob Stevens:
Quote from @Paulina L.:

Hi all,

This is a bit of a newbie question I'm sure - I'm searching for a good zip code/market to purchase for a single family home, ideally $90k or under listings, +1k sq ft that are 2bd-1ba minimum. I found a few that are stated as SFH, but lists that they are in a senior community. I don't see any HOA fees, but I'm not sure what the implications are for SFH in a Senior Community may mean. Does the unit operate as a SFH or are there any rules / costs I may need to be aware of? Anyone have any advice or experience you would be open to sharing?

Thanks in advance!


 Are you looking for a place to rent out for income or to live ? If to rent, there are markets you can get a property for about that a little more with 1k or more in rent. 


 Hi Bob, thanks for the response. I am looking to rent the property out. Of course, I'm also hoping I can find it in a market with at least B or C+ neighborhoods, +% increase in pop growth and low unemployment rates as well. I feel like it could be feasible, it may just take extra digging. 


 You are working much to hard. All you need to do is connect with those that provide rentals to cash buyers, some will work with loan buyers, Double digit net caps are to be had

All the best 


 What do you mean by that? As in connect with local real estate agents to see their listings and work directly with them on the analyses/numbers?

Quote from @Bob Stevens:
Quote from @Paulina L.:

Hi all,

This is a bit of a newbie question I'm sure - I'm searching for a good zip code/market to purchase for a single family home, ideally $90k or under listings, +1k sq ft that are 2bd-1ba minimum. I found a few that are stated as SFH, but lists that they are in a senior community. I don't see any HOA fees, but I'm not sure what the implications are for SFH in a Senior Community may mean. Does the unit operate as a SFH or are there any rules / costs I may need to be aware of? Anyone have any advice or experience you would be open to sharing?

Thanks in advance!


 Are you looking for a place to rent out for income or to live ? If to rent, there are markets you can get a property for about that a little more with 1k or more in rent. 


 Hi Bob, thanks for the response. I am looking to rent the property out. Of course, I'm also hoping I can find it in a market with at least B or C+ neighborhoods, +% increase in pop growth and low unemployment rates as well. I feel like it could be feasible, it may just take extra digging. 

Quote from @Nicholas L.:

@Paulina L.

just to be clear - you want to buy a rental house out of state, all-in at, 90K?  i wouldn't start with this... this could put you in a more challenging area.

instead, if LA is too expensive, can you pick a market you can drive to, even if it's several hours away? go to REIA meetings, network, build a core 4, look at properties, meet agents and property managers, look at house hacking. put in some work on the ground.


 Hi Nicholas, thanks for the response. I am seeing many available for $90k under, but I am definitely seeing a lot of potential challenges with them as well. 

I was reading about how California may not be very investor-friendly, and all house hacking options (with my financial situation) are 3-5 hours out of where I currently live. I'm hoping to join upcoming RE meetups to network a bit better. Appreciate your advice. 

Post: New to Real Estate/BP + Looking for advice and connections!

Paulina L.Posted
  • Los Angeles, CA
  • Posts 23
  • Votes 8
Quote from @Carlos Valencia:

Hi Paulina I'm in Orange County Ca south of LA. If you are not too far from Tustin Ca you should come to a RE investor mix tonight at 6pm and make new connections. Who knows you might meet your future mentor or just other like minded people. This group that meets is all experience levels new, seasoned all types. If you like more details message me and I'll send you all the info. Hope to see you there. 

@Albert Bui @Matthew Kwan


 Hi Carlos! Thank you for letting me know about this event. I definitely would love to join. I am currently visiting my family members (not in California). If there is another meet up in Feb, I would love to know about it. 

Post: New to Real Estate/BP + Looking for advice and connections!

Paulina L.Posted
  • Los Angeles, CA
  • Posts 23
  • Votes 8
Quote from @Steven Foster Wilson:
Quote from @Paulina L.:

Hi all, 

I'm new to the real estate investing world. I'm very excited and committed to the process! I'm looking for advice on where to find an Accountability Partner and/or a Mentor. I am actively analyzing properties, but I would love to have opinion / second set of eyes from someone who ideally is more seasoned then I am. Any advice on how to find a Mentor?

Thanks! 


 Hey Paulina, welcome to BiggerPockets! Start listening to the BiggerPockets podcast starting at the very beginning. Start growing your network, look on Facebook/BiggerPockets for different events, and get to know the local lenders/brokers. You can also consult with lenders, brokers and ask them for suggestions on who might be a good real estate mentor most will be able to provide one.

Try to think of different ways you can add value to that person. What are your strengths? For example are you experienced in social media marketing? Could you offer a mentor some tips? This way its not just a one way street. Best of luck on your real estate journey!


 Great suggestion on providing a two-way street. I was thinking about how I could provide/what type of value someone else may benefit from, so these ideas are perfect. Thanks, Steve!

Hi all,

This is a bit of a newbie question I'm sure - I'm searching for a good zip code/market to purchase for a single family home, ideally $90k or under listings, +1k sq ft that are 2bd-1ba minimum. I found a few that are stated as SFH, but lists that they are in a senior community. I don't see any HOA fees, but I'm not sure what the implications are for SFH in a Senior Community may mean. Does the unit operate as a SFH or are there any rules / costs I may need to be aware of? Anyone have any advice or experience you would be open to sharing?

Thanks in advance!

Post: New to Real Estate/BP + Looking for advice and connections!

Paulina L.Posted
  • Los Angeles, CA
  • Posts 23
  • Votes 8
Quote from @Ryan Lesley:

No Problem Paulina!

Another option I was thinking is looking into mastermind groups on places like Facebook and LinkedIn. Also like BiggerPockets suggests and is a big fan of, go on meetup.com and look for local investor meetups. From my experience they are very casual and full of likeminded people who are excited to share their knowledge with new people. These routes will more than likely be much more cost effective than paying for a coach or mentor. 


 Such a great idea, I haven't thought of going to meetup.com. I'm checking it out now. I really appreciate it, thanks for being so helpful!

Quote from @George Red:

Glad to hear so many people are interested in putting heads together. Quick poll... I realize getting calendars synced can be an issue so quick feedback and I'll do my best to make it as accessible as possible. Preference for week day or a weekend and preference for morning or evening. I'll get some feedback and put a Zoom meeting together. Feel free to reply here in the thread or message me.

Looking forward to connecting and I always feel there is power in numbers and this can be a value add for all parties. @Jarred Bowman @Paulina L. @Matthew Sweeney @Lee Ripma @David Nutakor @Jewell Vold



- George


 Thanks, George! I would prefer evenings during the week days and mornings during the weekends. However, if necessarily, I can find time based on majority's schedules. I am also on PST time, not sure what everyone else's time zones may be. Thanks for setting this post up, and looking forward to connecting with you all!