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Updated about 8 years ago,
New Investor in San Bruno, California!
Hi there! My name is Cody and I'm excited to get started investing in real estate. I grew up around real estate, my father was a broker, and I've always wanted to get into investing for cash flow. My goal is to acquire enough rental units (either SFH or small multi-family), to replace my paycheck and focus on real estate full-time.
Before I found Bigger Pockets, I didn't think this sort of thing was possible. Living in California, especially the here in the Bay Area, prices are high and I just didn't think I could afford to invest. Fortunately I have enough equity built up in my condo that I believe I'm in a position to start investing if I look in more affordable areas.
I'll probably need to look for properties out of state, so I'd appreciate any recommendations of areas to check out, or any advice in general on the topic.
Also, I'm hoping to be able to grow as quickly as I can manage, I don't want to just acquire a single property and then have to wait years to save up for a second. That's why I'm considering the BRRRR method that Brandon talks about in the podcasts. I'm also very curious to hear opinions thoughts on this as well.
Thanks for taking the time to read my post! I'm eager to get started and to become a member of this community!