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All Forum Posts by: J Yong

J Yong has started 4 posts and replied 13 times.

Post: trying to get started

J YongPosted
  • Real Estate Investor
  • Pasadena, CA
  • Posts 17
  • Votes 0

thanks all for your insightful perspectives. I will look up many threads and try to learn as much as possible before getting on first investment property. Seems better to look locally first property since maybe more familiar with it. But then like I said, maybe tougher to look in so. cal but per some other posters, if look still might be possible, just do your due diligence.

Post: trying to get started

J YongPosted
  • Real Estate Investor
  • Pasadena, CA
  • Posts 17
  • Votes 0

well actually started googling after attending a local worskhop here in arcadia. It teaches about real estate, takes place at the city's chamber of commerce. The person seems to be reasonable but then what do I know right? Anyways, the opportunity is this, $500 down to invest in a sfr in Sunny Hills which is in a community near Panama City, Florida. There is potential there it is reasoned because of a new large airport that is being built and some other happenings. If you look at the powerpoint on the site on my prior post, I think it describes everything in detail. There is going to be a meeting tomorrow here locally where can get in for $500. Again too good to be true or can be for real? The way the incentives work it seems a good deal, first year mortgage free in incentives. And free to rent out that year so like 2 years ahead. Would you bite? I am tempted but being a first property always thinking too much maybe. Inputs appreciated.

Post: trying to get started

J YongPosted
  • Real Estate Investor
  • Pasadena, CA
  • Posts 17
  • Votes 0

trying to get started in real estate investing, in googling, came across this site, cashflowbargains (you can add w and com to it to get it) where there appears to be some great opportunities in Florida and Tennessee. Would you assume these deals to be for real? Anyone tried these websites and the deals that they list? Would you recommend one get a first investment property out of the state where one lives? i am in so. cal and most property here is out of my budget. Any inputs appreciated. Thanks and have a good day.