New member, looking for a market

[Joe Henry]

Hi Everyone,

I've already posted elsewhere but thought I'd say hi anyway. So far I am loving bigger pockets and the community is so responsive, its really great. 

I've just starting searching for my first purchase which will be a duplex, triplex or four-plex, possibly a live-in situation. I'm looking to build a portfolio of solid cash flow properties in the mid-value range (80k - 280k).

I'm temporarily living in LA (though will probably not invest here) and looking for a good city to start investing in. I'm totally open to moving mostly anywhere in the US, although I prefer the warmer states.

Great to meet you!

[Grant Greene]

Joe:

Good morning, and welcome to BP! Here's some food for thought:

Before you make your first investment, meet with a mortgage/financial professional. They'll ask you to share your short- AND long-term goals, and then they'll help you construct a plan that will do two things:

1. Achieve your short-term goals that will produce proceeds and resources that will,

2. Give you the wherewithal to pursue and achieve your long-term goals

Many investors start off "too hot", and they either overdevelop their first property or they spend their money too fast: either of these behaviors will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals. Since you're not paying a mortgage pro for consulting, it's in their best interest to give you a solid plan so you're successful.

I wish you the very best!

Grant