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Updated almost 7 years ago on . Most recent reply
Newbie seeking investor friendly local agents in north OC
Hi folks.
I am looking into both local and out of state investing. My heart says to invest in the Portland area where I have family or Las Vegas, where I lived for 10 years. But my brain tells me that it would be smartest and most convenient if I could invest locally. I live in Seal Beach. My target area would include Los Alamitos/Rossmoor where the schools are excellent, or Huntington Beach/Long Beach which are both a stone's throw away.
I am starting to put feelers out there to start looking at deals.
I am likely going to be a buy and hold investor, though I am open to all forms of investing. I plan is to very strict in my criteria, as I want positive cash flow ( to reinvest), but am not looking to put down more than 30 or 35% down. This may be hard to achieve in north orange county.
I am open to both multifamily and SFH's.
Currently I have some money parked in some out of state syndications with a trusted friend. While syndication is solid, I want more control and more long term upside on passive (?) income.
So my goal is to introduce myself to some local investors/agents AND out of state in Portland and Vegas. While the cash flow in certain markets in the midwest/south make those areas tempting to jump into, I really don't want to make frequent trips to place I have connection with.
Thanks!
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Hi Yong,
I'm very active in the Long Beach apartment market I've been seeing some good opportunities to add value or buy with positive cash flow. If you're looking for multifamily, I'd suggest taking a look up there