Starting out in REI, Finding a market

[Jonathan Lubenko]

Hey everybody my name is Jonny and I'm an aspiring real estate investor from Fiddletown, California. I've been wanting to get into rental properties for a while now but have never been able to make the big leap into buying my first property. To help push me towards my goals I started Brandon's 90 days of intention journal. My main goal is to have a small multi-family rental property that cash flows at least 100$ a unit by the end of 90 days. I am going to try to make a habit of posting my weekly goals in the forum and seeking advice on how to best achieve them.

The goals I have set for myself this week are pretty basic but I think necessary in order to set me up for the rest of my REI journey.

Goal 1: Finish reading David Greene's Long Distance REI.

This book is perfect for the type of Investing I would like to do because the home prices in California are pretty outrageous.

Goal 2: Research out of state markets and narrow my options down to three cities by the end of the week.

After finding a couple markets that suit my criteria I'm planning on analyzing one property from each city every day.

After laying out my goals for the week I have a few questions that hopefully everybody on the forum can help me with.

Are there any other out of state investing books that you would recommend?

Do you have any tips on choosing the right market?

Should I be taking more actionable steps towards my goal?

Does anyone have any advice on how to get the most use out of the forums?

If you've read this far, thank you sincerely for your time and I hope to hear from you. It is my hope that maybe other newbies like me can follow these posts and use them as a guide for their own journey.

-Jonny