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Updated 3 months ago, 09/30/2024

User Stats

5
Posts
7
Votes
Kyle Pascual
7
Votes |
5
Posts

Investor Groups - Real Estate Professionals

Kyle Pascual
Posted

Hello! I'm a First Time Poster, but long time reader on these forums. 

I was curious if anyone has recommendations for investor groups or networking clubs that can help me invest out-of-state. I'm currently a grad student, but am looking to invest in multifamily properties outside of CA with my current savings ($25k to 50k, depending on how stocks are going). I don't think that is enough to invest in CA, but hopefully can find people in other markets that can help me. 

If this is the wrong approach please let me know what you think is the right one. 

Thanks!

User Stats

183
Posts
75
Votes
Dustin Tucker
Lender
  • Lender
  • Savoy, TX
75
Votes |
183
Posts
Dustin Tucker
Lender
  • Lender
  • Savoy, TX
Replied

@Kyle Pascual

First of all I would get out of stock and sit in cash for the short term the Fed as you know just drop rates by 1/2 of a percent last week over the last 30 years anytime that has happened the economy has been in a recession within 6 months and the stock market has had a massive correction. You can couple that news with the news out of China today that they have decided to cut their interest rate, lower Bank Reserves, (banks can lend more money) and make it easier for people to buy houses and they are also actively pumping money into their stock market which is to say we were going to have the massive inflation going forward.

A couple of fun facts for you.

1. Less than 2 percent of Americans own physical precious metals gold and silver.

2. The currently the spot market for silver is oversold by a ratio of 400 contracts for every one physical oz.

One of the investment strategies I currently like is purchasing physical silver taking it to money medals in Idaho they will give you a margin loan against the silver for 75% of the value. Take that money and purchase Bitcoin.

I told you the story about China because they're QE is going to be a boom for Bitcoin.

I know we're on a real estate forum, but in my opinion of over 15 nearest investing in real estate you really need $100,000 minimum to make your first investment, especially when you are looking at out-of-state passive investing if you are dead set on real estate I would recommend reading some books on wholesaling I'd use your money as earnest money to put the properties under contract

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CTF Funding
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User Stats

86
Posts
43
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Replied

Hey Kyle,

That’s awesome that you’re looking to invest out of state (OOS). I live in Miami but invest in Birmingham, AL, so I completely understand the appeal of lower prices and less competition.

That said, OOS investing isn’t for the faint of heart. You need to know the market well, have enough reserves for inevitable expenses, and closely monitor the asset’s performance. A strong local team is key. While it’s not passive income like stocks, buying value-add properties in OOS markets has been the best wealth generator I’ve found.

I also own a property management company and brokerage in Birmingham. If you’re interested in chatting, send me a direct message. I’d love to help you succeed based on my decade of real estate experience.

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User Stats

1,838
Posts
1,337
Votes
Rick Albert#3 House Hacking Contributor
  • Real Estate Agent
  • Los Angeles, CA
1,337
Votes |
1,838
Posts
Rick Albert#3 House Hacking Contributor
  • Real Estate Agent
  • Los Angeles, CA
Replied

You can go to the events section here in BP and see what unofficial events are happening. There is one I attend on occasion in the Valley.

One option is house hacking here in LA. You get better appreciation and you can use the equity to invest out of state (that's what I did). Especially at your age you have time.

User Stats

5
Posts
7
Votes
Kyle Pascual
7
Votes |
5
Posts
Kyle Pascual
Replied
Quote from @Danny Gonzalez:

Hey Kyle,

That’s awesome that you’re looking to invest out of state (OOS). I live in Miami but invest in Birmingham, AL, so I completely understand the appeal of lower prices and less competition.

That said, OOS investing isn’t for the faint of heart. You need to know the market well, have enough reserves for inevitable expenses, and closely monitor the asset’s performance. A strong local team is key. While it’s not passive income like stocks, buying value-add properties in OOS markets has been the best wealth generator I’ve found.

I also own a property management company and brokerage in Birmingham. If you’re interested in chatting, send me a direct message. I’d love to help you succeed based on my decade of real estate experience.


Yes, this is very helpful. I would love to keep in touch. One of my partners is already invested in Alabama!. I'll send a direct message.

I'd like to build a team out-of-state and possibly gain new partners to invest alongside. Nothing in stone right now, since I'm still in school, but preparing for after graduation (6/2025). 

User Stats

5
Posts
7
Votes
Kyle Pascual
7
Votes |
5
Posts
Kyle Pascual
Replied
Quote from @Rick Albert:

You can go to the events section here in BP and see what unofficial events are happening. There is one I attend on occasion in the Valley.

One option is house hacking here in LA. You get better appreciation and you can use the equity to invest out of state (that's what I did). Especially at your age you have time.


Thanks for the heads up! I do like the idea of house-hacking, but I'm pretty rooted in LA at the moment. I can't move at the moment, but I won't rule it out!

User Stats

756
Posts
518
Votes
Bradley Buxton
Pro Member
  • Real Estate Agent
  • Nevada
518
Votes |
756
Posts
Bradley Buxton
Pro Member
  • Real Estate Agent
  • Nevada
Replied

@Kyle Pascual

There are many states to invest that are less expensive than CA. Beside looking at the numbers think about your goals, time, energy, and lifestyle to manage any investment. Working with a partner or family member on your first deal to spread your risk and learn valuable lessons. 

User Stats

1,120
Posts
1,439
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Samuel Diouf
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
1,439
Votes |
1,120
Posts
Samuel Diouf
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
Replied

With $50k you could buy a cash flowing duplex in multiple Ohio markets. A lot of investors like investing in Columbus, OH because of the city's rapid growth and because of the fact that you can still get properties to cash flow. I moved from Florida to start investing in Columbus, Ohio. 

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Reafco - Samuel Diouf
5.0 stars
2 Reviews

User Stats

5,446
Posts
6,411
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Remington Lyman
Agent
  • Real Estate Agent
  • Columbus, OH
6,411
Votes |
5,446
Posts
Remington Lyman
Agent
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Kyle Pascual:

Hello! I'm a First Time Poster, but long time reader on these forums. 

I was curious if anyone has recommendations for investor groups or networking clubs that can help me invest out-of-state. I'm currently a grad student, but am looking to invest in multifamily properties outside of CA with my current savings ($25k to 50k, depending on how stocks are going). I don't think that is enough to invest in CA, but hopefully can find people in other markets that can help me. 

If this is the wrong approach please let me know what you think is the right one. 

Thanks!


 That budget will work in Ohio

  • Remington Lyman
business profile image
Reafco
5.0 stars
12 Reviews

User Stats

809
Posts
923
Votes
Alfath Ahmed
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
923
Votes |
809
Posts
Alfath Ahmed
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Kyle Pascual:

Hello! I'm a First Time Poster, but long time reader on these forums. 

I was curious if anyone has recommendations for investor groups or networking clubs that can help me invest out-of-state. I'm currently a grad student, but am looking to invest in multifamily properties outside of CA with my current savings ($25k to 50k, depending on how stocks are going). I don't think that is enough to invest in CA, but hopefully can find people in other markets that can help me. 

If this is the wrong approach please let me know what you think is the right one. 

Thanks!


 That budget is going to be enough for the midwest. Most of investors that invest here in Columbus are based in Los Angeles. You can typically find properties here that cashflow positive in good locations for around $180k to $200k.

User Stats

107
Posts
79
Votes
Gary Nelson
Agent
  • Real Estate Agent
  • Branson, MO
79
Votes |
107
Posts
Gary Nelson
Agent
  • Real Estate Agent
  • Branson, MO
Replied

Hi Kyle,

I’m putting together an investor group for folks interested in the Branson, MO market. I’ve also built a website with a ton of resources on investing in the area, like market insights, networking opportunities, and local expert connections. If you’re looking to dive into Branson’s real estate market, feel free to message me, and I’d be happy to share more details and chat about how we can collaborate!

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Gary Nelson Real Estate, EXP Realty, LLC
5.0 stars
33 Reviews