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Updated over 6 years ago on . Most recent reply
Newbie from SF / California Bay Area
Hi Everyone!
I'm Kathy -- I work in tech in SF as a software engineer making mobile apps. I don't own anything myself but I've always loved real estate (since my parents dragged me around looking a open houses when I was 8). My local market is a doozy so I read David Greene's book on long distance investing -- which brought me here! :)
I'm here to learn, meet more people, and see how I can be helpful! (I've already gotten so much out of lurking and reading the podcasts!) My short term real estate goal is to buy a SFH before the end of the year through a turnkey provider to get my feet wet (Memphis Investments seems amazing. I'd love to hear from anyone whose worked with them!) while I research what work best for my goals of having financial independence. (My partner is interested in BRRR / I like the idea of going slightly higher end SFH and going for a combo of appreciation + positive cashflow but many seem strongly in favor of multi-tenancy for scale so I'm still figuring out where I land on that).
Thanks,
Kathy
Most Popular Reply
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- Lender
- Lake Oswego OR Summerlin, NV
- 63,142
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Remote rehab for someone with no experience is about as risky as it comes.
MI will take good care of you.. better to get REAL returns than paper returns that never pan out.
or jump into a long distance rehab only to have the contractor walk off with your money and materials or both.
once you get some experience you may want to choose that path.
or there are companies that will do the BRRR but very few and you have to pick the right one ..
- Jay Hinrichs
- Podcast Guest on Show #222
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