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Updated about 3 years ago, 10/15/2021
First time poster, long time lurker seeks helpful advice.
Hey there BP Gang.
First time poster, long time lurker here on BP Forums and all things BP in general. As most people who are just starting out in their real estate endeavors, I find myself struggling to decide on what and where my first deal should be. I live in SoCal, where properties are expensive but have lived in the area for 11 years so I am somewhat familiar with different areas surrounding me. Conversely, I grew up near the Washington DC area and am somewhat equally familiar with that area as well although I have not lived there for quite some time but visit frequently.
I am caught between having my first deal be in my own back yard in SoCal or investing out of state back in the DC area (or anywhere else for that matter). I am interested in multi units in SoCal as my first deal since it knocks out having a primary residence and a rental in one property but think more broadly when it comes to out of state investing. But as of now, I have been looking at multi units mainly. Throughout my period of educating myself, I have been learning what I know, what I don't know and everything in between. Once of things I am sorely lacking is the "who I know" and that is why I am making this post.
I am at the point where I can feel myself getting overwhelmed but I try not to let it get to me because I understand that I am a beginner and these things take time. I have made a goal for myself for the year 2022 and plan to meet that goal. I am just at the point where I need to branch out and start meeting people whether it be online or in person or both. I would greatly appreciate any and all advice. I'm happy to answer any questions you may have. I'm just trying to put myself out there. Thanks!