The New Guy from Sherman Oaks, Ca

[Bryan Glaser]

Hello Hello,

I'm Bryan and I'm new to REI. I made my way here from Northwest Indiana and I have been working towards my RE license currently. I've always been interested in investing but only recently found BiggerPockets. I've definitely learned a lot so far but I know I have not even scratched the surface.

My Goals:

Figure out a location where I can successfully purchase and rent my first property under $100,000

Build a portfolio of investments (I've been leaning more towards land lording), though flipping sounds fun too.

Eventually purchasing a property in Southern California to live in and rent out (my idea is I should be paying towards an investment rather than throwing all that money out the window on rent).

Lastly, build enough passive income that I can feel free to pursue other passions I have in life.

Right now I find that my struggle is really trying to nail down where to start. There are so many things I don't know how to do such as finding a good deal, or a good location. I think if I can find a fellow investor in the area with similar interests it can really help me understand these techniques. 

Overall, just looking to learn and be my own boss.

Pleasure to meet all of you!

Bryan

[Bryan Glaser]

@James Wise thank you, pleasure to meet you. Looking forward to learning a lot!

@David Padilla sounds like a good idea to me. The biggest issue I am seeing is that there is no cash flow here in Southern Cal, unless you have a really big down payment. Rents don't seem to come close to what the mortgage would be.

@Ali Boone I think that is the perfect thing to do, beach bumming in Venice annnd doing Real Estate. Sounds like heaven. I'm super eager to learn more about REI, I find that I am much more of a hands on learner though. I know what you mean about wanting to do a million other things. Just finished studying for the night for my RE license test. Sherman Oaks is the best, would LOVE to own one of the small houses around here someday, the area is perfect. I definitely wouldn't mind talking more to you about some of your experiences so far in REI!