Central Coast of California newby Investor

[Ronda R.]

Hi everyone - I am a newby investor. I live on the Central Coast of California, half way between San Francisco & L.A. I currently own a rental in Albany Oregon that I have owned for the past 8 years. I purchased it with an interest only loan intending to sell it in 5 years when my daughter started college and use the equity for school. Instead the appreciation has been minimal but the cash flow after the fixed/interest only became variable, has been $600 a month, which was accidentally awesome. That will end in February of next year so I just put it on the market 2 days ago. I also just closed Friday on a fix & flip in Hawaii with my sister-in-law. It should be ready to put back on the market in early December. I really want to purchase more fix & flips and fix & holds to create cash flow. I have been looking in my area (Paso Robles, Atascadero, San luis Obispo & Morro Bay) but prices are so high I find it very intimidating and difficult to find something where the numbers make sense. My sister-in-law and I just got back from a trip to Akron Ohio on a reconnaissance mission. Found this forum while sitting in our hotel room researching areas after looking at houses all day. Hallelujah! We actually called Dell, an investor from Akron, we found on this forum, the next day. He gave us some good advice and pointed us to an area I love!  I am here to learn as much as I can and have immersed myself in reading and listening to pod casts (LOVE Josh & Brandon!) 

[Aaron Mercer]

@Ronda R.! He (and his team of agents) is the one you need to be chatting with out that way if you are looking for a one-stop-shop, with purchase, rehab and management all wrapped up. His company is investor focused and can set you up in anything from a SFH through to a 43-unit apartment. It is the property management that will be the most important aspect in the long run, and although we don't work with HWPG, their reputation is second to none.

Good luck1