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Updated over 10 years ago, 05/05/2014

User Stats

20
Posts
9
Votes
Erica R.
  • Los Angeles, CA
9
Votes |
20
Posts

Hola from Los Angeles, CA

Erica R.
  • Los Angeles, CA
Posted

Hey gang! Wanted to drop in and say a quick hello. I'm a NYC ex-pat, happily now living in Los Angeles. My husband and I are in the process of selling our Brooklyn apartment and are looking toward what we will do with the chunk of cash we'll soon be receiving. We're very much still in the exploration phase of things, but we know that we'd like to dive in and really get our feet wet with real estate investing. I'm attracted to flipping (as I'm also an interior designer on the side, and find tasks like choosing tile and paint colors to be bizarrely fun), but we also want to look toward building long term wealth/passive income with some smaller multi-family properties. At least I think. Unfortunately things look pretty grim in LA right now in terms of finding viable deals, so we're also exploring potential out-of-state investing. I'm about 198 posts, 16 podcasts and 54 blog posts deep into BP so far and I can't even come close to answering the question: "what's your niche?," BUT we're working on figuring that all out. A couple of month's ago I had no earthly clue what "wholesaleing" even meant, and thought that "NOI" was a new rapper on the scene...so I am making some progress :) There is so much amazingly fab info on here, so thanks already x a million to everyone for sharing all of their feedback, advice and experiences. You guys rock!

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