Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Daniel Barbosa
  • Rental Property Investor
  • Vacaville, CA
2
Votes |
3
Posts

Looking to start out of CA investing

Daniel Barbosa
  • Rental Property Investor
  • Vacaville, CA
Posted

Hello BP peeps,

Let me quickly introduce myself. I’m a 27 year old medical device sales rep who wants to build passive income and quick the 9-5 grind asap lol. I currently own 2 homes and 2 plots of land in CA, but have realized I will never be able to get to my goal at the current rate of acquisition Im at due to cost of RE in CA. So now I’m looking to invest in my first market outside of CA that generates monthly cash flow on buy and hold properties.

I have about $200k in liquid capital that i am working with. My goal would be to find a great BRRRR opportunity and use this same capital to acquire multiple properties generating $500-$1000/mo in income.

I’ve done some basic research but was really hoping to connect with people who have first hand experience in successful markets across the country.

Please help a brotha out lol thanks everyone!!!

Most Popular Reply

User Stats

4,248
Posts
2,626
Votes
Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
2,626
Votes |
4,248
Posts
Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
Replied

I started with SFH in 2009-2015 which I was working my engineering gig. Then went into syndications once my net worth went over 500k.

If i were you I would just take the 200k and buy 1 turnkey (30k down) then one you are a little more experienced buy 5 more.

  • Lane Kawaoka
  • Loading replies...