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Updated over 8 years ago on . Most recent reply

User Stats

8
Posts
7
Votes
Cameron Crosley
  • Mesa, AZ
7
Votes |
8
Posts

BP I NEED YOUR HELP! starting real estate in San Francisco?

Cameron Crosley
  • Mesa, AZ
Posted

I have been reading and learning as much as I can for the last couple years and am wanting to get into real estate. The only problem is I work/live in San Francisco and it seems too expensive too start here. Currently, I have saved a good amount of cash (over 30k) and I want to get into multifamily properties but the only properties I see possible to cash flow on are hours away. Any suggestions? Thanks!

Most Popular Reply

User Stats

2,999
Posts
1,255
Votes
Shawn Ackerman
  • Real Estate Entrepreneur
  • Mid West, East Coast
1,255
Votes |
2,999
Posts
Shawn Ackerman
  • Real Estate Entrepreneur
  • Mid West, East Coast
Replied

@Grant Greene green, Local is always the preferred option.  Please continue to encourage @Cameron Crosley as he may have overlooked an opportunity that's in his backyard. I invest out of state because as you guys know NYC requires a min of 350K to even think about jumping in to the buy and hold arena. So I really had limited options as I only had 100K start up capital. Cameron will find his way thanks to a great support system that you guys have already begun providing. Continue to move the REI culture forward!!!!!

  • Shawn Ackerman
  • Loading replies...