Networking in Orange County, CA

[R. Chase]

Hey Everyone:

I'm a working professional based in Orange County, CA at the beginning of my real estate investing journey.  Hoping to connect with local investors, agents, brokers, real estate attorneys, lenders, etc., in Southern CA.  Specifically searching for investors in single family homes for buy and hold, short term rental, and multifamily, in Southern California (LA/OC/SD/IE).  Any suggestions / introductions would be greatly appreciated.  Thanks.

[Josh Alexander]

Lots of options in So Cal for these types of investments, I would say the first thing you want to do is to start narrowing down what type of investment you want to make first and how much time you want to allocate to your investments. For example short term rentals are good for immediate cash flow but unless you want to outsource it and pay really high management fees, managing short term rentals will typically take more of your time every week. If you want to buy and hold then it requires less day to day work but less cash flow up front. The multifamily properties are great if you want to house hack but tend to cost more up front so if you aren't living in them, at least if your investing in most areas of So Cal, you'll need a fairly large downpayment to snatch one of those up.  Once you figure out what type of investment you want to start out with them you can start creating the set of criteria that works for you which will allow you to start narrowing down the areas you might be interested in.  The more you can narrow down your niche, the easier it will be to become well versed in one area and that will ultimately make it easier to make a smart investment.