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All Forum Posts by: Daniel Arevalo

Daniel Arevalo has started 2 posts and replied 5 times.

Post: What to do with the equity in my home?

Daniel ArevaloPosted
  • Investor
  • Anaheim, CA
  • Posts 5
  • Votes 1

@Taylor L. Appreciate the advice, will see if that is what Memphis can provide for me.

@Joe Villeneuve Thanks for advice, will see who else I can get to know OOS and see where I can get the best deals.

@Reed Rickenbach I would love to get in touch and see what insight you have for someone like me.

Thanks to all of you for taking the time to respond really appreciate it.

Post: What to do with the equity in my home?

Daniel ArevaloPosted
  • Investor
  • Anaheim, CA
  • Posts 5
  • Votes 1

In the past year I have been trying to educate myself as much as possible with how I would like to utilize the equity in my home to invest into my first real estate investment. However, I'm still very much undecided on what path I would like to take. I reside in Southern California and the real estate market here is quite expensive unless I invest into low income neighborhoods. I've explored short term rental options in the palm springs area but not sure that I would want this to be my first experience in the real estate business although I do have good resources where I can hit the ground running (or so I believe). I have also done some research on different OOS areas that would generate positive cash flow, as this is my priority at the moment. I have daily emails sent to me of different inventory in the Memphis area which is one area I have identified with the potential to generate positive cash flow. Thoughts anyone?

Post: New Investor looking into BRRRR or Turnkey in Memphis

Daniel ArevaloPosted
  • Investor
  • Anaheim, CA
  • Posts 5
  • Votes 1

@James Wachob

Thanks for the info, I will definitely take a look at your profile for that info. Appreciate the help.

Post: New Investor looking into BRRRR or Turnkey in Memphis

Daniel ArevaloPosted
  • Investor
  • Anaheim, CA
  • Posts 5
  • Votes 1
Originally posted by @Todd Dexheimer:

Don't look at C+ or B- neighborhoods in Memphis. I would stick with A or B areas. 

 Thanks for the advise...appreciate it

Post: New Investor looking into BRRRR or Turnkey in Memphis

Daniel ArevaloPosted
  • Investor
  • Anaheim, CA
  • Posts 5
  • Votes 1

New OOS investor who would like to connect with an agent or wholesaler in the Memphis area. Looking for a BRRRR or even turnkey property in a C+ to A- neighborhood. Also, anyone who can help with areas in Memphis, that would be much appreciated. I've looked into some areas but wanted the feedback from those who know the area personally. Any advice is welcomed.