New member/investor from Los Angeles

[Rick Martin]

Hi, I feel like my head has been in the sand for not having found this site sooner.  After reading/listening from afar, I jumped in with a PRO membership.  Like many, I am looking to invest in out-of-state markets. I’m researching areas (Cleveland - and other cities in Ohio, Indianapolis, Kansas City, Jacksonville, Atlanta, Milwaukee, Chicago etc) ,and will be looking to build relationships.  Do I go boots on the ground, or turnkey?  That I am trying to decide.  I also want to dig under the hood here in SoCal as well, and will need help doing so.  I’ll be looking for Urban multifamily and suburban SFRs (hoping for C in B neighborhoods and B class). The short-term/vacation rental market intrigues me as well.  Although I have done a handful of real estate deals in the past, I am looking to reboot with more of an informed approach. Thanks!

[Rick Martin]

interesting @Anahit Gasparyan.  I want to do something local, if the numbers can work.

@Ken Scarbrough I'm looking to speak with knowledgeable, local people, so we will talk.

@Ivan Barratt I put the cart before the horse, as I am still narrowing down cities, but was tired of being a passive member on the forum, so jumped in. , price point depends on if I can get a good value in an emerging area, not looking for war zones, but would like to be educated on the working class areas.  For a range 60k-150k, returns, minimum 10-12%. Financing may be another post... to exhaust all bank loans ( I'm qualified with an LA lender), or start developing a relationship with a portfolio lender right away.

@Shawn Ackerman I got the @ symbol down.

@Tom Ott Overwhelmed?  Yes definitely overwhelmed, but I'll pull in the reigns.  It is obviously an awesome way to network.