Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago, 08/21/2023

User Stats

4
Posts
3
Votes

To scale quickly or utilize a large project

Benjamin Geleris
Posted

Hello,

I am looking for some advice, as well as some potential people to work with.  I am currently living in the bay area of California and have been searching for a primary residence over the past 8 months with no luck.  I am planning on switching my strategy for the next year or two and I would like to find a good realtor company that can help reach my goals.  

Because the bay area is so competitive I am interested in investing out of the area, preferably in Southern California where I am originally from (Claremont, Pomona, Upland), however, I am also very open to investing out of state as well. I will do this while I continue to rent. My goal is to use a portion of what would have been my down payment (~$300 K) to invest in SFR or Multi-family to gain a monthly cashflow of ~$10 K. With this I will buy a house next year and use this monthly income to pay for my mortgage payments. I expect less than $300 K would be sufficient to gain this goal of $10 K / month. Would you agree with this?

I am looking for a real estate company that does not just look to sell me a house, but is also able to connect me with property mangers, contractors, lenders, etc in order to "build my team". I am not sure if it would be better to make multiple small purchases of SFR vs. one or two large purchase of multi-family to reach my goal of $10k / mo. I would appreciate any connections and advice.

Thank you,

Ben  Geleris

Loading replies...