New Member From Southern California

[Johnathan Wright]

Hi Everyone,

New to BP and excited to learn as much about REI as I can from this knowledge community! I'm currently looking to network and find my first deal in the Los Angeles, Long Beach and Orange County area. I'd like my first deal to be close to home; there's just something about being able to drive by the property, at least in the beginning. I'm also born and raised here and have a decent understanding of the market and communities where I'm looking.

I'd also love to learn about the proper way to get started in terms of setting up corporations and understanding/maximizing the tax laws/incentives (and landlord/tenant laws!) so when I find that first deal I can pull the trigger properly.

It's tough getting started here since the barrier to entry is high, which leaves less room for error- at least in my situation, so I'm trying to find that diamond in the rough! Ideally that would be a multi-family (duplex or triplex) unit, but open to SFH and condo's.

Thanks and looking forward to starting some conversations and most importantly LEARNING!