New investor but experienced in Real Estate

[Louie Silva]

Hello,

With over 20 years of experience in Commercial Real Estate across both the private and public sectors, I have gained invaluable knowledge and expertise. Now, I am ready to take the next step, launching my own real estate business to build long-term wealth. Despite the current market uncertainty, I am excited for this new journey. I’ve learned that every downturn presents opportunities, and I am prepared to seize them.

[Jason Wray]

Louie,

The REI market is for sure on fire and it will continue to get better with mortgage rates falling and property value increasing in most states. Looks like you are in California which is not the best spot to buy REI due to the taxes, over priced homes and political chaos. If you care to venture out of CA and look into other states it can be very rewarding and profitable.

States like Indiana, Ohio, Florida, TN, GA, TX, VA, NV, and a few others you can still get a 2-4 unit for under $200K with good rents and low taxes. Most of my investors who live in CA have been buying in IN, OH, FL and NV over the last 3-4 years. Florida is a hot market and its all year round with the short term rental market seeing some of the best returns to date.

If you ever have any questions feel free to reach out I enjoy helping other BP members save time and money!  Good to network and build your circle to help expand your options.