California OOS Newbie Looking to Expand His Network

[Raul Carrillo]

Hi everyone!

A couple episodes ago on the BP podcast Brandon talked about fear being the culprit behind people not making any money... because it stops them from taking action. That got to me. So I'm here to get out of my comfort zone…

I'm a 26 year old electrical engineer based in Southern California. . . planning on closing on my first property sometime in early to mid 2021 and I've zeroed in on Birmingham or Huntsville, Alabama. I would like to do BRRR eventually, BUT thinking a pure rental property would be good enough to start off with.

Ultimately, I plan on doing a weekend trip, or trips, to explore the cities and neighborhoods (Once things settle down of course!). As well as to meet possible team members.

In the meantime, I would love to start building a close network of local people in those areas, or other OOS investors investing there, who wouldn't mind connecting and sharing some of their knowledge and/or experience. In return, if any of you need any help with something down in the LA area, be sure to reach out!

Thanks

[Joseph Crunkilton]

@Raul Carrillo

You have the right idea looking OOS. Living in Portland, the properties aren't as high as you but still up there. The cash on cash returns is just not feasible. 

I purchased a turnkey rental through Rent to Retirement and it's been a great experience. For my first deal, I wanted something low risk, affordable, and with good returns. Getting that first deal instantly put me into the investor mindset. 

@Zach Lemaster and his team have property in Alabama that I think you'd be really interested in. Check out their Alabama inventory on their website. 

renttoretirement.com

I'm happy to elaborate or answer any questions if you want to pm me.