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Updated about 7 years ago on . Most recent reply

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32
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Amanda M Laird
  • Seaside, OR
13
Votes |
32
Posts

First time investor, interested in out of state

Amanda M Laird
  • Seaside, OR
Posted
So I’m new to bigger pockets (my first post so far!) I’ve been diving into real estate books and listening to podcasts since last October. I have two houses that have about $200k equity in each of them. One is a vacation rental and the other is my personal. I’ve put a ton of sweat equity into both, and am wanting to cash out and use that money to invest in a multi family apartment complex. I’d love to invest all $400k if possible. We would buy another house to fix up using my husbands income and use my two properties to get us started in investment properties like an apartment complex. While we finish fixing up my house, and work on selling both I want to use that time learning as much as possible and looking into the best markets even if that means out of state. Is there any websites or forums or books....anything that has information on how to find the best places to invest in? I’ve heard the grant cardone interviews on a couple different podcasts and love his philosophy and want to dive into a larger unit complex...but definitely want to learn more and do more due diligence before I do. Any tips or suggestions would be ammmmazing!

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4,860
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3,422
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
3,422
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4,860
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied

@Amanda M Laird check out Emerging Markets by David Lindahl.

@Todd Dexheimer also wrote a blog on BP recently about this and may have some advice for you.

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The Moorhead Team
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