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Updated almost 5 years ago,

User Stats

6
Posts
2
Votes
Jacob Scarpaci
  • New to Real Estate
  • Los Angeles
2
Votes |
6
Posts

Newbie in Los Angeles

Jacob Scarpaci
  • New to Real Estate
  • Los Angeles
Posted

Hello BP!

My wife bought me Brandon Turner's: The Book on Real Estate Investing which brought me here. I've nearly finished the book and, honestly, feeling a little overwhelmed. 

Some background on me: 

--Freelance video editor living in LA. I'm interested in supplementing my income with real estate. 

--The rents seem to be skyrocketing in LA so, in order to survive here long term, it seems we'll need to purchase something soon.

--I was fortunate in having my grandfather leave me a paid-off home in Oregon several years ago. According to Zillow it's worth around 230k now. 

I'm trying to learn as much as I can right now. From what I have read so far, the House Hacking scenario seems to make the most sense in getting started. My goal would be to add enough properties so I wouldn't feel as much pressure from my day job and have the freedom to take only high-quality jobs. 

Any beginner advice would be greatly appreciated! Especially tailored to Southern California. 

Thanks!
Jake

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