Introduction from new member in Los Angeles area

[Xander Snyder]

Hi everyone,

I'm brand new, just getting started with Bigger Pockets. Have attended one webinar, and bought Brandon Turner's book on rental property investing.

I have some background in real estate - my family has been in real estate in the LA area for 40 years, and I've invested in a number of RE deals managed by different general partners. I've also done a very small amount of angel investing. I have a background in finance, so I'm familiar with the analysis side of deals, but aside from the home I live in, I haven't bought any rental property outright for myself, and am certainly less familiar with a lot of the maintenance aspects - how to figure out what repairs will cost what, finding dependable contractors, and just knowing what needs fixing when you walk a new property. 

I'm in the process of converting my garage into an ADU unit to rent out & house hack, and am interested in learning more about out of state investing given the sky-high prices in LA. Perhaps understandably, I'm pretty tentative about completely outsourcing the process, given how dependent you become on the property manager & how often property managers offer...er...subpar performance. I am very interested to learn about how folks have managed out of state investing, especially if someone you've pulled it off without a property manager and how.

Looking forward to meeting folks and learning from your experience.

X