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Updated over 11 years ago on . Most recent reply
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New investor from Orange County, California!
Hello BP community! My name is Rick Wheeler from Orange County CA! I am a 21 year old college student who has limited background in RE, other than listening to my mentors talk about their properties.
My goals are currently to purchase a multi-family unit for a buy-and-hold strategy, and maybe do a few flips if I get bored! I would love to purchase something in CA to stay local, perhaps in the Inland Empire, Orange County, San Bernardino, Temecula are etc. If push comes to shove I have even considered branching off into the Phoenix, Arizona market.
I joined the BP community to hopefully contribute as much as I can about my journey along the way, as well as connect with other like minded investors, mentors and RE junkies!
Most Popular Reply
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Glad to see plenty of OC locals on the site!
Dick Rosen Thanks for reaching out, we will be in touch if I make my way over
Marco Santarelli Thanks for the kind words and support! I will definitely be asking a TON of questions! I am just trying to narrow down my market right now.
Mehran Kamari I initially was thinking Phoenix, but am now leaning towards Texas. The reason I chose Phoenix was that I do believe it is a sunbelt state on the rise with a lot of potential home appreciation. However, I became more and more discouraged after looking more into the hedge funds purchasing billions worth of property. I dont think that will be very good for my vacancy rates!
P.S I have seen a ton of your replies on other members posts and have found them very helpful!
Brandon Turner huge fan of all your posts and pod casts, but I am shocked I never came across this one! Thanks!