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Updated over 11 years ago on . Most recent reply

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

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!