New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago, 09/05/2016
New to investing, San Diego area
Hello Everyone,
I've read through a few threads on here and decided to join the site. I am active duty U.S. Navy, about to separate in December this year. I am interested in becoming a real estate investor to build wealth. I picked up a book from my aunt who invested in real estate a long time ago and currently owns several rental properties across the U.S. and it peaked my interest. I closed on my first home last year in November, it's a tri-story town home in Eastlake, CA. It's currently rented out but isn't producing any positive cash flow, I am breaking even with it. Looking to meet with some investors and learn the ropes. I am a little concerned about starting off in San Diego, cost of living is very high- and the market seems to be extremely competitive. Currently on deployment until Nov. so I'm looking for any advice I can get, and if anyone has any documents I could read I've got nothing but time while underway to read and learn as much as I can until I get back.
Thanks!
Richard