Hi from Pasadena, CA Newbie

[Ulf Israelsson]

Greetings:

First post. My name is Ulf Israelsson, Swedish born, physicist, interested in part time real estate investing - for now.

My interest is to buy and rent out for the long term SFR properties in that outlying areas of Los Angeles that generate cash flow. It seems to me that prices are at that level in some areas.

Initially, I don't mind using some of my own money, but eventually I want to attract investors for profit sharing.

My goal is to generate a cash flow of $15,000 per month in the next 5 years.

I am hoping that the expertize self-evident on this website and in these forums can serve as a general mentor to me as I embark on this very exciting adventure. In particular, I am interested in connecting with investors and RE professionals with integrity in the Pasadena/ LA area.

Regards,
Ulf Israelsson