New member from Huntington Beach, CA

[Jerry Poon]

Hi there,

Very new to real estate, even newer to BP. I am interested in rental properties for the purpose of passive income. My current goal is to get one positive cash-flow property. I have no idea where to start, but I feel like my first one should be local for me to learn the business. I hope to learn enough here to get started.

Thanks,

Jerry

[Vala Shahabi]

Hey @Jerry Poon 

Welcome to BP! Local in SoCal is tough as property values are high and cap rates are low. If you have a large chunk of money for a down payment then it may be feasible to go local. I would stress to build your team first!

good luck!

Vala