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Updated almost 10 years ago on . Most recent reply

User Stats

29
Posts
8
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Lonnie H.
  • Orlando, FL
8
Votes |
29
Posts

Thanks BP! New investor in Orange County, California (Costa Mesa)

Lonnie H.
  • Orlando, FL
Posted

Hello to my fellow BP members.

About me:

My name is Lonnie Hodges. I am a new real estate investor who is learning on BP and establishing a real estate investing plan. Although I am originally from Florida ( Gainesville, Clermont, Orlando ), I relocated to Costa Mesa, California in September 2013 to work for a health system from Yuma, AZ. As an adult, I’ve also lived in Seattle, Washington where the summer months are awesome.

I wish I could remember how the real estate ‘fire’ started within me, but I can’t remember. I just remember I searched Google for the answers to my questions and noticed that the most useful links led to BiggerPockets. At first, I said to myself: “BiggerPockets; really? What are they selling?”. I continued to read the blog and forum posts and then I found the podcast; I was hooked. I knew that BP is the place I needed to be.

My goals in real estate:

I have been exploring Orange County, Los Angeles and other Los Angeles ( LA ) County cities since I arrived. My ultimate goal is to build my real estate investment firm to a level where I can be a buy and hold apartment complexes around the country, including SoCal. In addition to buy and hold, I also want invest in new apartment construction and rehabbing distressed apartments. Today, I listened to BP Podcast show 52 with Ken McElroy which provided more inspiration to build a successful real estate investment company.

I am going to start buying and holding SFR and small (2-4 units) multifamily properties. I'd love to get started locally in Los Angeles, Orange, and San Diego counties, but I will most likely start with properties in areas with lower acquisition costs. I'm also open to other investing opportunities such as flipping and wholesaling single family homes.

I look forward to becoming a contributing member of the BiggerPockets community.

Most Popular Reply

User Stats

579
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347
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Daniel Ryu
  • Investor
  • Suwanee, GA
347
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579
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Daniel Ryu
  • Investor
  • Suwanee, GA
Replied

@Lonnie H.

Thanks Lonnie! I've already learned some hard lessons - like the $1,700 unexpected piping bill I recently got ^^ (I'll post a link below)

Yes, we do. Our meetups are educational focused so we invite speakers on to do a Q&A about real estate investing. 

Here are some sample clips from our virtual speakers:

Brandon Turner

https://www.youtube.com/watch?v=nqgZTwwu_2Q&featur...

Joshua Dorkin

https://www.youtube.com/watch?v=zNe1b178zWY

Ali Boone

https://youtu.be/tVFHBSi9ipY

Engelo Rumora

https://www.youtube.com/watch?v=spUrf203HOA&featur...

Each one is about 5 minutes long.

(I'll post the entire Engelo Rumora interview as well. It'll probably go out on Friday.)

We also have members talk but we haven't videotaped those yet.

And the story of my $1,700 unexpected piping bill:

http://www.meetup.com/Seoul-REI-Meetup/messages/bo...

Much luck to you too Lonnie. 

Feel free to reach out anytime!

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