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 about 7 years ago on . Most recent reply
Hello! First post on BP
Hello everyone. I've been reading the posts here on BP for a while and have finally decided to introduce myself. I live in the Bay Area in California and invest in Sacramento. I own and manage SFR and MFR properties. I stumbled upon BP when I began searching for new ideas in where to continue investing. I've been considering moving on to higher cash flow markets as my previous strategy, using 30 year fixed loans to purchase properties, no longer seems to be able to provide cash flow in the are I'm working out of.
It seems like I keep hearing good things about Indianna and Texas and a few other states. I'm now looking to buy using all cash, setting a budget of $100k, if that's possible. I'm also looking to rely on property managers since managing from out of state will no doubt prove to be much more difficult than what I'm used to. Two methods currently peaking my interest are Turnkey or the BRRRR strategy.
I'd love to connect with anyone who has recently transitioned into working with these strategies. I'd also love to connect with Agents or Property Managers in good cash flow areas. Also, if anyone ever wants to know something about Sacramento property I'd be happy to help. I'm looking forward to getting in some fun conversations here on BP and learning with you all. Cheers!
Most Popular Reply
#3 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
- 19,532
- Votes |
- 28,435
- Posts
#3 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Originally posted by @Eduardo Arteaga:
Hello everyone. I've been reading the posts here on BP for a while and have finally decided to introduce myself. I live in the Bay Area in California and invest in Sacramento. I own and manage SFR and MFR properties. I stumbled upon BP when I began searching for new ideas in where to continue investing. I've been considering moving on to higher cash flow markets as my previous strategy, using 30 year fixed loans to purchase properties, no longer seems to be able to provide cash flow in the are I'm working out of.
It seems like I keep hearing good things about Indianna and Texas and a few other states. I'm now looking to buy using all cash, setting a budget of $100k, if that's possible. I'm also looking to rely on property managers since managing from out of state will no doubt prove to be much more difficult than what I'm used to. Two methods currently peaking my interest are Turnkey or the BRRRR strategy.
I'd love to connect with anyone who has recently transitioned into working with these strategies. I'd also love to connect with Agents or Property Managers in good cash flow areas. Also, if anyone ever wants to know something about Sacramento property I'd be happy to help. I'm looking forward to getting in some fun conversations here on BP and learning with you all. Cheers!
Welcome aboard.