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Updated over 8 years ago on . Most recent reply
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BP I NEED YOUR HELP! starting real estate in San Francisco?
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!
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@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!!!!!