Ryan Cox - San Francisco - New to BP - Let's generate some $ Flow

[Ryan Cox]

Hey BP - Ryan Cox!

I'm from Austin and have been living in San Francisco for the past 3 years as the West coast director of sales for a technology firm.  I don't have any previous experience working in real estate or related industries.  I am looking to diversify my investment holdings and develop a real estate portfolio.  I have an interest in apartments but I am here to learn what strategy will best help me to meet my short term and long term goals and to learn from all of you.  My goal is to develop a cash flow business while growing equity.  My brother in law is a buy and hold investor who lives in Tulsa.  He turned me on to the Bigger Pockets podcasts and the website which have been a great place for me to start.

Looking forward to developing some great relationships and learning a ton!

Ryan

[Kelby K.]

Hi Ryan and welcome to BP! What areas/cities are you looking to invest in? We moved from the Bay Area to Austin last year and transferred some of our investments here and around TX for the cash flow and appreciation reason you mentioned. The entry point is much lower here and the cash flow is much better. However, the appreciation compared to CA isn't as rapid. For us it was more of a conservative and long term approach to building a real estate portfolio. This scenario fit our current needs well. We found it helpful to recognize the balance that we were looking for and this helped us research the areas we planned to invest in. 

Best wishes!