New Investor living in San Diego but open to OOS

[Michael Kodish]

Hi BiggerPockets Team! My name is Mike Kodish and I am currently living in San Diego by way of Boston, MA. I have one rental property in Boston (that used to be my primary residence) but otherwise am new to the game. I decided to join the community to learn as much as possible and network with like minded people and experts. My ultimate goal with REI is to gain financial freedom and flexibility from my current 9-5 job in the medical device industry. I have done some research and would be interested in SFH, multi family, or teaming with a syndication. Hope to hear from you all soon and excited to begin the journey.

Cheers!

[Trent Stone]

Welcome!! My advice is to pick a niche and an area and become the master in it. Also depends on how active you want to be in your RE investments and how much you have to invest. Right now there are a lot of very solid appreciating markets that are good for flipping. Some areas in the south and the midwest have some great cashflow. Utah is overinflated right now, so I chose to go to Indianapolis to flip. When the market correction happens I will take the capital I earn and buy up a bunch of cheap rentals. Let me know if I can help in anyway.

[Mitch Smith]

@Michael Kodish

Hey Michael. Welcome to BP. I would be happy to connect. I live in San Diego and have been doing flips, new construction and buy and hold transactions in Indy for the last 8 years. I would be happy to share some info regarding the market there. Feel free to reach out with questions.

Thanks.

Mitch

[Twana Rasoul]

@Michael Kodish welcome. I invest locally but have a few OOS properties as well. Feel free to reach out if you want to chat.

[Maxwell Ventura]

@Michael Kodish

Welcome to BP and welcome to SD! I'm originally an east coaster myself. Philadelphia. I have many friends in Boston

Are you looking to to invest here in San Diego? or OOS?

For SFH and Small Multi, there are a handful of neighborhoods in and around the metro area I'd recommend to start your search. Happy to be of assistance.

Buy & Hold investments in San Diego are about value adds and appreciation. Value adds will take some work, as they aren't as passive as a syndication. 

What are your long term investing goals? 

Feel free to reach out to discuss. Have a great memorial day weekend  

[Mike D'Arrigo]

@Michael Kodish if you choose to go out of state, you'll find the Midwest good for cash flow. I like Indianapolis and Kansas City.