Los Angeles Member, Intro Post

[Brandon B.]

Hi Bigger Pockets Posse

Prior Coronado San Diego based Veteran & Father of two boys (one who is currently driving letters all over our stainless fridge) from Pomona CA. Nov 2017 my wife & I bought our first SFR for what we thought was an "OK" deal in a competitive market. At the time our eyes were set on a tri-plex in Leimert park, which we were priced out due to a bidding war as well as others. That led us to settle for a roof over our heads in Los Angeles before prices got any more out of hand. Hind sight I feel like we paid too much for the area & for something we aren't in love with.

As someone new to real estate I feel like I can do all the listening/reading & use all the calculators however, without real experience I can't be be fully confident in knowing what I have. Our SFR is a 900sqft City Terrace flip. 3 bdr 2 bath on (just shy of) 10k sqft near Cal State LA. Used my VA loan for 495k on a 30 year at 4.125

I come to you all for some guidance as to what would be the smart play in the situation I am in. Do I hold? Do I sell & buy elsewhere? Is it rentable? Was I robbed? All tips, ribbing are/is encouraged haha :) thanks for reading

Extra facts: I work in the Petroleum sect. Travel often to Martinez/Oakland CA, St. Louis MO, Detroit MI, Indianna, Houston TX (where I am currently) All of which I have been looking at homes.

Goals: Collab/Build my network, Buy 1st MFR + grow portfolio, Elevate my finances enough to quit my job, focus on my degree & start our family business.

Hobbies: Play with my boys, Motorcycles, Hike Palos Verdes, Skate around Venice, Snowboard, Run PCH etc

-Brandon Brown