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Updated over 5 years ago,

User Stats

4
Posts
3
Votes
Scott Williams
  • Rental Property Investor
  • Spring Valley, CA
3
Votes |
4
Posts

**New San Diego Based Member**

Scott Williams
  • Rental Property Investor
  • Spring Valley, CA
Posted

Greetings everyone. I am not new to the real estate world from the aspect of observing, watching and even from time to time offering my thoughts on some real estate situations. I grew up watching my dad invest and try various different forms of real estate investment from development to flipping to rentals. So I have seen the ups and down, my brother recently has got involved purchasing a couple places with decent returns. So this really is something my family has taken as a passion and we enjoy talking about it, for me I have huge aspirations but we'll see in time if that happens. I have tried to get my family to join forces to join me in the SoCal market but they are content in their comfort zone right now. My father has been trying to get me to take a more active approach and he thinks out of the three of us I am the most likely to truly accomplish something within this world. I have been hesitant to jump in one reason is I am not keen on anything outside of perfection and this game is a game of risk % so it has delayed me especially living in southern California it is extremely expensive to get involved own here and a mistake here is huge. I was able to purchase a SFR as the market was taking a turn up, bought at 400k now valued between 585k-620k (I stick to the lower end so 585k). I am active duty military and my wife is an attorney (right now stay at home mom with our son). I have decided to get more active on here, hoping to find and build relationships/connections/network to help my real estate ventures evolve from more of a sideline approach to more involved player. As I start to become more active, I find myself asking more questions finding more risk and wondering is my choices the right ones especially when your family is putting their trust in you. One is do I stay and operate in SD or do I go out of state, I have family that is willing to help with out of state stuff since they are located outside of CA. Overall, my objective is to supplement my income so when I retire my family isn't hit with a huge financial impact and I can focus more on this as a career. I welcome advice or just new connections that could help down the road.

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