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Updated almost 3 years ago, 02/15/2022

User Stats

231
Posts
188
Votes
Thomas O'Donnell
  • Rental Property Investor
  • Columbus, OH
188
Votes |
231
Posts

Real Estate Newbie Looking For Help!

Thomas O'Donnell
  • Rental Property Investor
  • Columbus, OH
Posted

What's up BiggerPockets community! New Pro member here! I have spent the last 6 months on educating myself about real estate investing, with an emphasis on multifamily rental properties. I currently live in Santa Clara, CA where it is way too expensive for me to carry out my original plan of house-hacking with an FHA loan. I am now looking instead to purchase a multifamily property out of state in a market where I can balance cash flow with appreciation. I have recently been looking at Texas, Florida, Georgia and Arizona as options. My goal for 2022 is to buy my first out-of-state multifamily property 4 units or less, with a mostly cosmetic rehab. I am hoping to get some experienced input from anyone who is invested in these areas or knows a lot about them. I am a 23 year old who has the education, drive and motivation to make this life-changing first step in wealth building. Any help is greatly appreciated! Thank you!

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