All Forum Posts by: Tiarra Delaney

 @Wale Lawal This is great advice, and I’ll definitely take it to heart. In the meantime, I’ll continue educating myself through resources like BiggerPockets, networking, and local market research. Thank you again for the guidance—it’s really helping me build a clearer strategy for reaching my goals!

Hi @Jaycee Greene, thanks for your response. It helped me to do more research and better understand that I’d like to buy property elsewhere and rent that out, rather than renting my current property. Initially, I was considering properties in Prince George's County, MD, or the DMV area. However, after further research, I’ve noticed that Charlotte, NC, and Raleigh-Durham, NC, are experiencing robust rental market growth and expanding economic opportunities. I’m open to exploring those locations since they aren’t too far of a drive.

I’m leaning towards a SF property because I have $10,000 to put down, want to stay within my budget, and being new to this, I’d like to start small. For the property I purchase, I’d like to keep my monthly mortgage payments at $2,000 or less.

I prefer a turn-key property since this is my first rental, and I want to start generating monthly cash flow immediately without the delay of repairs or managing two mortgages. As for the business, I'm starting a real estate business, and my goal is to acquire properties under an LLC specifically for real estate investments.

Hi BiggerPockets community,

I’m new to real estate investing and excited to learn! I currently own one property, and I’m planning to purchase another. I’m trying to decide whether to rent out my current home or the new property I purchase. My overall goal is to generate monthly cash flow, and my current property might be a better rental option since it has equity.

I’m also considering starting a business and purchasing the next property in the business’s name. I’ve heard this can have benefits, but I’m not sure where to start.

If anyone has advice on how to proceed, I’d love to hear it! Are there strategies, financing tips, or resources you’d recommend for someone in my position?

Thanks so much for your help!