Investor from Nampa Idaho

[Mike Morehouse]

Hey everybody,

I joined Bigger Pockets recently as a way to increase my REI knowledge and make some connections with like-minded people in the business. I'm just starting out with investing, using it as one of several potential income streams to allow me to retire early from my day job and free me from somebody else's time clock. Currently interested in multi-family and possibly single family buy and hold rentals using conventional financing, but having a hard time finding properties on the MLS that will cash flow right away. Still looking for that first good deal, and learning as much as I can while I look. Glad to be here!

[Cody Stone]

Welcome to the site @Mike Morehouse. Cashflowing properties are getting harder to find around the valley. Searching for off market properties from motivated sellers could be your best bet in finding an excellent opportunity. It's easy to search out specific property owners here locally by going to Listsource and buying a list. Write some letters to the owners and see if they'd consider selling and that you are interested in buying multifamily units. 

Just make sure the investment makes sense from the day you buy it and that improvements that are made are only icing on the cake. 

Cheers,

Cody