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Updated over 8 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Eric Phillips
  • Investor
  • Spring, TX
3
Votes |
11
Posts

New Member from Northern Orange County (Cypress), CA

Eric Phillips
  • Investor
  • Spring, TX
Posted

Hello

I am a spreadsheet junkie. I work in finance for a supply chain company. I have fallen in love with true real estate investing over the past six months. 

I bought a home in Salt Lake City, UT five years ago and then moved overseas for work. I rented it out because I didn't have to sell it, and I have always wanted to own rental property for the financial freedom. It was a cash flowing property (just barely). I thought this was investing, but I have since learned I was naive in my approach. Two years ago I moved to Southern CA and have been taking my financial future more serious. CA cost of living will do that to a person.

One thing I have learned with my current house is that a good property manager is worth every penny. I used two different managers over the past 4 years, and my current one is outstanding. 

I am looking to expand my portfolio in next six months with small multi-family housing in Utah. I have a partner who has extensive experience with rehabs that I am starting with to find, and rehab a unit.

I look forward to being a part of this community.

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