All Forum Posts by: Cole Albrecht

@Jeremy Luongo The hard part for me is how to do it here in ventura when the price of units are so expensive, where in utah the same house will go for almost half the price which makes it easier to make a larger down payment.

I am still learning alot about the Real estate investment business but with the few calculators that i have ran properties through both here and in utah, the cash flow is larger in utah.

I also struggle with the fact im not quite ready to move out of state so would it be worth my while to wait till i move to invest or should i jump on the property i get the best deal before i can move.

Hi Everyone, let me start by giving a little background. 

I work roughly 50-60 hours a week, mostly on the road in different states working. (Making it hard to sit down and do as much research as i would like) I currently live in Southern CA, ventura county area. 

I have some money saved up that i would like to invest into real estate, the cost of homes of any type are quite pricy in my area and with the amount i have saved i can pretty much only afford a mobile home. 

A goal of mine is to move out of state to Southern Utah (St. George area) which is almost half the price of where i currently live.

My biggest interest is in duplex or triplex homes. My question for you all is should i try to find a property out of state even though i have no connections out there or should i start out here, while im still here. 

Also as my first property do you suggest purchase by with 20% down in a conventional loan or which loan would you suggest. 

Thanks.