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Updated 12 months ago on . Most recent reply
Newly married planning for the future
Hello my name is Ben and I'm newly married man planning for his future. I have a big background in construction and am more than willing to get my hands dirty. I'm in a mentorship of the robuilt airbnb community and am eagerly looking to make something happen in real-estate. I'm hungry and always willing to learn and I tend to think outside the box. Not positive on what real-estate path I want to take, just as long as it's profitable.
Most Popular Reply
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@Benjamin Barraza congratulations on tying the knot!
Have you thought about out of state investing? I'm originally from San Francisco, CA and started investing in 2021. It was pretty hard to find properties where the numbers and landlord laws made sense which is what ultimately led me to investing in Columbus, OH.
Not to mention the upcoming legislation on the November ballot that can really hinder your returns from rental properties. Check out this link for more info. California Prohibit State Limitations on Local Rent Control Initiative (2024). They're calling it the "Justice for Renters Act." They tried passing it back in 2018 but failed and now they've renamed it and are trying it again.
The numbers and landlord laws out here made sense then, and they still do today. I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.
Happy to share my experiences. Good luck on your REI journey and property search!!
- Mike Paolucci
- [email protected]
- 614-892-9184
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