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Updated over 1 year ago, 05/20/2023
Newbie Investor looking for Guidance
Hi Guys,
New Investor here looking for some guidance. My family and I recently moved to Southern California from New Jersey. We sold our home in NJ, and decided to rent here in SoCal. We have a good amount of liquadable assets that we would like to start investing into RE with, as we don't plan on buying our primary home in the near future. We also both work full time jobs, with zero debt.
Because property prices are so high here in California, I am leaning towards investing in out of state rentals.
I am a total newbie, so I am looking for some advice and direction. Please let me know if I am going on the right path.
I have read a few posts on this forum, and have place holds on the following books at my library to get started:
Short Term Rental - Avery Carl
Long Distance Real estate investing - David Greene
I also found a meetup close by, that I will start attending with my wife.
Please let me know if there are any other books or resources that I should be checking out as we start our Journey.
Thank you in advance, and appreciate this community.