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Updated over 6 years ago on . Most recent reply
![Jeremy Taylor's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1103424/1621508925-avatar-jeremyt55.jpg?twic=v1/output=image/crop=843x843@119x0/cover=128x128&v=2)
Looking for advice on rental properties.
I’m looking to get into rental properties. Eventually appartments and bigger projects but I’m focusing on multi-family units right now. I have a great career already that pays me a great amount of money but like most people on here I’m looking to get into passive/residual income streams.
I feel like multi unit properties have always interested me and seem like a good place to start. I have access to a good amount of cash and I’m trying to figure out what my strategy should be. I live in Southern California so naturally I’m interested in out of state properties due to the buy in costs being lower. What recommendations do any experienced investors have that I can build off of? I’m looking for advise on a long term strategy to eventually be my sole income but it doesn’t have to be right now.
At this point I don’t need a lot of extra income as I make a fair amount now, but I would like to build something that will allow me to do what I want, when I want in the not too distant future. If you were in my scenario....what would you do?
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![Jeremy Taylor's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1103424/1621508925-avatar-jeremyt55.jpg?twic=v1/output=image/crop=843x843@119x0/cover=128x128&v=2)
I’m asking for advice not bragging. However I can see how you got that from the wording of that post. , so thank you for pointing it out.
I was not and would not ever brag about anything I have. I’m willing to bet most investors on here make a considerable amount more than I do and that’s why I’m here and asking for advise. I’m looking for advise so if your willing to share I’m all ears, but if your point was just to point out the bad taste my post gave you, I got the message and I wish you the best.