New Member from Orange County, CA + FREE Property Comparison file

[John Lee]

John Lee, a new investor from Southern California. Currently own one rental property and looking to expand rapidly! My goal is to generate a 6-figure passive income within 5 years. I have been soaking up information here in the short month or so that I have been here (listened to 30+ podcasts, read articles, participated in a webinar, and ordered every book). I also appreciate all of you on the forums who contribute, as I have learned just as much from you as from the other resources on this site. As a thank you, I have included a link to a spreadsheet I created that allows you to compare 4 properties side-by-side, with functionality for long-term rental, short-term rental, flipping, and BRRR evaluation. This is version 1.0 so let me know if there are any errors or improvements that can be made. The flipping and BRRR functionality is basic (BRRR will have some errors in 1-year and 5-year returns due to loss of rental income during rehab). Also uploaded this file to the FilePlace.

https://1drv.ms/x/s!AjEuXEl5QkUVhyMH1MvhReSwXbgI

[John Lee]

@Dave Visaya - Thanks for the welcome. Looking forward to continuing to learn from everyone here. I hope to contribute as well, probably more so after I get some experience under my belt!

@Peter Mckernan - Already a member at several REI groups. Joined the group from your link and hope to join the meeting on June 20.

@Polar Prutaseranee - I've seen several of your posts since you are in my area, you seem to have good experience and provide a lot of helpful information. Have a partner that is interested in flips, but he is looking to do deals in a couple of months. Currently, I'm looking into buy and hold rentals for STR (SFH) or LTR (Multi-Family).

@Jo-Ann Lapin - You're right in my neighborhood, I live on the Santa Ana/Tustin border. Hope to see you at some of the local meet ups.