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Updated over 7 years ago on . Most recent reply

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9
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4
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Brandon Benson
  • Irvine, CA
4
Votes |
9
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Newbie from Orange, California looking out of state!

Brandon Benson
  • Irvine, CA
Posted

Hello BP! Just wanted to quickly introduce myself. Recently join the forums and have been listening to podcast for a few months.

I was a realtor in San Diego for 3 years and currently work for one of the largest RE development companies in CA. Also, I have 6 years experience in property management, and some accounting, finance, and auto experience.

Out of state investing in small multifamily, and single family, buy and hold is my strategy. Value ad would be hard to manage the rehab from OOS and am looking for established, quality areas with good schools and CASH FLOW! May progress to mid sized apt buildings eventually. My wife has family in Ohio which means, I have been looking from Indianapolis through Ohio, all the way to Pittsburg. 

Always appreciate advice as the rust belt is a foreign land to me!

Look forward to jumping into REI

Most Popular Reply

User Stats

162
Posts
102
Votes
David Gonzalez
  • Realtor
  • Camarillo, CA
102
Votes |
162
Posts
David Gonzalez
  • Realtor
  • Camarillo, CA
Replied
I would suggest what ever area you decide to invest in you build your portfolio in one area. Also would suggest you focus on stable multifamily homes in A/B neighborhoods requiring minimal work. Your first couple of deals should be conservative so you can build up your systems/infrastructure and get the hang of it.

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