All Forum Posts by: Brian Yoshimura

@Mike McKinzie - Thank you, Mike.  I definitely plan to do my due diligence, and you're right, I should probably better define my goals.  I think I just needed to get a list of cities to narrow down my search to start.  I figure I'd rather understand the market in a handful of cities really well, than a truckload of cities very poorly.  I also appreciate the list of cities.  I've already started research on Charlotte.

@Mike D'Arrigo  - Thanks, I'd be very interested see your webinar.  I'll be sure to add you a collegue.

@Shuai Zeng - I've been out of state and would enjoy the opportunity to visit other cities.  I posed this question because I would just like to narrow my options down to a few cities to research and visit.  That being said, I would like to focus on A class neighborhoods, because my long term goal is to have multiple properties in the same city/area.

@Account Closed - Thank you, Andrew.  I plan to look into Atlanta.  Are there particular areas you would suggest?  Also, other posts that I have read appear to agree with your comment - that the prices are getting pretty high in Austin.

@Ali Boone - Thank you, Ali.  Are there particular areas in Dallas you would suggest?

@Hattie Dizmond - Thank you, Hattie. I plan to look into Dallas.  You mentioned inventory is low and you've experience decent appreciation.  I guess that's on par with most of the country, but I wonder if it could it be too late for the area.

@Shawn Holsapple - Thank, Shawn.  I see you're from Indianapolis.  Are there particular areas I should focus for my research?

@Chris K. - Sorry, what I meant was that I would be willing to sacrifice some cash flow if it meant the property would be in an up-and-coming area with larger projected appreciation.  This kind of goes along with a preference for A-quality neighborhoods.

I'm just throwing this out there.  

What city would you look to buy in today, or in the near future, if you...

- were only interested in a buy and hold strategy,

- were willing to sacrifice some cash flow (although it would still have to be positive) for potential appreciation,

- were only interested in "A" quality neighborhoods,

- had around 30k cash (leveraged to 150k with a conventional loan),

- lived in Los Angeles and were willing to invest out of state?

Thanks, in advance, for your opinions!

Hello @Jenkins Ramon, @Nicholas N., and @Brandon Turner. Thanks for the welcome! I'm looking to buy and hold a cash flow property in an safe city/area that has promise for some appreciation. I think it's important to me that the sfh/duplex is in a nicer area to attract desirable tenants, as I will likely only visit 1-2 timer/year and would rely heavily on a PM. It's also important to me that the city has a solid and expanding job market.

So far, I have looked a little into Las Vegas, Provo, Austin, and Orlando. Each of them seem to have their pros and cons.

I have also looked into Turnkey companies, which seem appealing, but I would like to get my feet wet and use this as a learning experience.

Thanks again!

Hello,

I've been reading posts for a little while now, but I finally decided to get off my butt and become an active member. I eventually hope to learn how to build a rental-income property portfolio. I've read the beginners guide, as well as a few other books, but I think it's about time to get some exposure to real-life scenarios.

Any advice from other Los Angeles investors would be greatly appreciated. I believe it makes the most sense for me to invest out-of-state, but I have yet to figure out where.

Looking forward to this!

Best,

Brian Yoshimura