New Member from Southern California

[Jeff Howard]

Hello,

I am an absolute newbie excited to learn about potentially investing in our (my wife and three boys of 4,6 and 10) first real estate investment.  My wife and I are both 37 years old.  We will be selling our current home and purchasing a new primary residence in the next 1-2 years and I want to learn about what it actually takes to operate and create income from owning rental properties.  We will have approximately 100-150K to invest to start out, but we want to take it slow and steady and potentially grow it into something my wife can operate as the kids get older.  I am particularly interested in learning how to organize our real estate investments through our small business and maximize our tax advantages.  We are spooked by prices here in Orange County CA, but I am not opposed to looking in other areas or even states, but both prospects are intimidating, and I feel like we are poised on another bubble at the moment.  Thanks for the help and I am excited to learn about a new subject!

Jeff