Newbie from Encinitas, Ca

[Jamie Henkin]

Hello! I'm excited to have found this new resource.  I'm Jamie from Encinitas, CA.   I've been searching for ways to be able to quit waitressing and pursue my acting career full time.  I believe real estate investing is a great vehicle for that.  I know it will take time, patience, and perseverance. Right now I'm looking at buy and hold strategies and house hacking.

I'm currently working with Norada Real Estate to buy a turn key property in Memphis.  Single families are around 40k with 6K down which is what I can afford.   My thought would be to hold onto this and refinance later on to purchase a duplex in my area.

Looking forward to connecting with others on this forum

[Mike D'Arrigo]

@Jason Eberhardt historically Memphis has been a popular market due to affordable prices and strong rent ratio's but personally, I think there are markets in the Midwest like Indianapolis and Kansas City which offer similar returns but with stronger economic and demographic fundamentals. The comparison table below might be helpful. Feel free to reach out if you'd like more info on either of these.