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Updated about 6 years ago on . Most recent reply

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Landen Enns
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I..dont know where to start.

Landen Enns
Posted

I am brand stinkin new to real estate investing (technically haven't even started).I have listened to bigger pockets for a while now and am tired of being a wannabe. I have some cash available for a down payment and want to make the jump! 

I'm young (23) and live in the most expensive market in the world (no joke San Jose, CA). So I am looking to invest out of state. I am very attracted to the BRRRR method but don't know how I should go about picking a market, finding a "trusted" agent, finding a contractor, picking a property, etc etc.

Would love people's 2 cents! 

-Landen 

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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,112
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

The best PM is paramount.

Find the best PM in the country and invest in their market. They will have the trusted connections needed to succeed, whether you want to try and oversee a renovation from 15 states away (yuck) or buy a true turnkey passive investment.

Many find their market (No difference btw between Memphis or Toledo or B-ham or Indy or or KC or STL or any other cashflow city IMO) then try and locate a good PM.  Backwards! Find the PM first.

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