Updated over 7 years ago on . Most recent reply
New investor looking for strategy advise and contacts
Hello everyone, my name is Jeremy. I currently live in Southern California with my beautiful wife and daughter. We are looking to make a move out of California in the near future and I'm looking for some advise on long term investing strategies out of state. Im currently in the Utility construction trade. In California my wages are above average and I live below my means. Unfortunately in the midwest and southern states my current career doesn't pay the same in comparison to median wages in the parts of the country we are looking to move to.
That being said im using this information and situation as a catalyst to finally get serious about real estate. I have purchased and renovated a couple homes and have done well (with more luck and timing than skill). As I said I make a good living right now so I don't necessarily need to live off of the income at this point but that is my plan in the future. I have access to some money to invest and have some of my own. Im looking to make some connections and meet some people in the industry that are willing to share a bit of their advise with me, and hopefully help them as well.
Im interested in cash flow properties (and or businesses), flips, rehab and hold and any other strategies that fit my needs and talents. I am looking to invest basically anywhere the US but primarily in less expensive areas that still attract decent renters, which im sure most people are. At this point im looking for multi family properties but I'm open to anything and im sure there are strategies im not aware of. If anyone has any advise they are willing to share I would love to hear it.
My goal now is to get as much advise as I can and hopefully gain some contacts to start some mutually beneficial relationships in the industry and to help me decide what is the best strategy for my particular situation before I dive into learning as much as possible about those areas. Thanks for reading and being a part of these awesome forums!!