New Real Estate Investor in AZ

[Matthew McClanahan]

I’m a 31 year old Law Enforcement Officer learning everything I can rapidly to get started in buying and owning real estate to rent out with monthly cash flow. I would like to do this on the side with my wife who is an RN while I finish up my pension for 15 more years. Once “retired” I want to transition to full time Real Estate investing and giving back to my by helping new investors in my current position as a mentor and guide. I’d love to network and gain any knowledge, leads, advice, etc. from the experienced people on here, especially anyone local to Phoenix, AZ area.

I just read the Bigger Pockets How to Begin Investing in Real Estate book in 3 days and now a few chapters in on David Greene's book on BRRRR. This seems like the best route for me and my wife to take.

Right now we are thinking about moving into a house with an in law quarters to rent out as an apartment. We have over $100,000 in equity on our home we bought in Adora Trails in South Gilbert, AZ in 2013. And then saving for our first BRRRR.

I’d love to chat with anyone. Thanks!

[Matthew McClanahan]

@Melanie Johnston thank you so much🙏. We liked the idea of house hacking however as you know the market here has very few Duplex, triplex, or fourplexes. So I remembered Lennar Jones has some new builds years ago with lock off M-I-L suites that could serve as a rental or Air B&B to house hack with what we have in AZ in Chandler/Gilbert area. Looking for between $350k-$450k range with a suite we could rent for $800-$1000 a month. Please do send some our way if you find any:)