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Updated over 5 years ago on . Most recent reply

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67
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Andre Pinheiro
  • Rental Property Investor
  • CA (orange county)
20
Votes |
67
Posts

Newbie w/ a 100k to start

Andre Pinheiro
  • Rental Property Investor
  • CA (orange county)
Posted

Hi BP Family!

I want to start investing in RE to build a good cash flow. I'm not looking for flips since I never did this before, have no experience at all in this field but I do have access to 100k to start. I live in California kind hard to find cash flow properties here so I thought buying my first rental using a turn key company to buy out of state and start learning as we go.


I would like to know from you guys ( pros ) any ideas to start building a cash flow portfolio. I can't manage properties at this time by myself specially OOS. I'm a business owner, work long hours everyday but later on I want to make RE my primary source of income. Any advice will be appreciated.


Thank you guys and have a great day!

Most Popular Reply

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28,072
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41,077
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,077
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28,072
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Check out James Wise of Holton-Wise in Cleveland. Even if you don't use his services, he's a good example of someone that's hustling to help out-of-state investors make a good return on their money.

You can also read "Long-Distance Real Estate Investing" by David Greene. He gives you all the information you need to set up a team that can help you invest in other states.

  • Nathan Gesner
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The DIY Landlord Book
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