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Updated over 6 years ago,
Starting out with some experience and some cash...
I live in San Diego, CA, and I really want to get more involved in RE investing. I left the Marine Corps in 2004, and started in mortgage banking so I have a really good understanding of finance/analysis.
I also have four properties: a home in Carlsbad, two rentals with about 200k proceeds if we sold them, and a second home in big bear that we Airbnb. I also have a line of credit of about 300k.
I would love someone with some experience/success to help me better understand the best options. Being a Marine, I tend not to try and blaze new trails, but follow orders and do what works - then put systems In place to duplicate the process. I also have a good understanding of how to delegate and manage projects/people through my experience running my mortgage business.
I’d love to try and transition into more passive income, and I like the concept of multi-unit because it’s more doors per residential loan, but am open to suggestions.
Any idea of what strategies I should look for? Partnership opportunities that exist? Mentorship I could seek? Value I could add in terms of my expertise?
Thanks a lot -
Daniel
Carlsbad, CA