Newbie REI looking to shadow experienced REI in SD!

[Hannah Spanke]

Hi there! My name is Hannah, I’m local to SD now since March 2020 and am looking to buy my first investment prop by the end of the year.

I have read "How To Invest In Real Estate" published by BiggerPockets, watched a few of the webinar replays here, and am working my way through two comprehensive courses on REI from the late 80s/early 90s I got for free. My point is I am diligently LEARNING as much as I can but am looking for an experienced investor in the area to let me shadow them for more hands-on learning. Maybe for one full day so I can see what day-to-day responsibilities look like, but preferably a long-term mentorship we can mutually benefit from. I want to provide this person value in any way that serves them of course (errands, paperwork, let me pay for lunch or fill up your car on a shadow day, etc), and am looking for someone willing to answer the million "stupid" questions I have in my mind. I'm hungry to learn fast and humble enough to learn from someone else's mistakes and take advice I'm given.

Top 2 current investment goals:

1) Begin acquiring single family and/or small multifamily properties in a market that supports appreciating rent and a buy & hold strategy. I’m still researching markets but am almost settled on Hanford/Visalia CA where I’m from. (Thinking I’ll have a huge advantage knowing the area inside & out, and having connections in the area for agents, a good prop manager & family contractor)

2) Find a small multifamily in San Diego county to house hack that keeps my personal living expense under $500 but ideally tenant rent would cover the whole mortgage. I am flexible with the location in the county as I plan to do this yearly at least 3 times, but want to stay in the San Diego area. My current lease ends May 2021 so I’d like to find a suitable deal by then.

PLEASE reach out if either of those investing approaches are in your field of expertise & let me know any way I can make mentorship a great deal for you and I both.

Thanks for taking the time!! :)

[Twana Rasoul]

@Hannah Spanke Welcome to San Diego!  I house hack a multi-unit property and specialize in 2-4 units...if you'd like to discuss a bit further about what's possible here locally in terms of house hacking a 2-4 unit feel free to shoot me a message.