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All Forum Posts by: David Huffmire

David Huffmire has started 2 posts and replied 3 times.

Post: Starting out with $50,000

David HuffmirePosted
  • Posts 3
  • Votes 1
Quote from @Eliott Elias:

Your back yard, start in an area you understand and have close proximity to. Buying the deal is easy, everything in between will kill you. Make sure you are present. 

Unfortunately I’m in Southern California, not much I can do with 50k.  

Post: Starting out with $50,000

David HuffmirePosted
  • Posts 3
  • Votes 1

Alright, I’m ready to start out.   really want to try the Brrrr method, I have 50k saved up right now, can have access to more soon.  Trying to get an idea of what city is a good place to start? Any recommendations? Groups you all have used to help with the research and rehab? 

Post: Repeat investing, down payments

David HuffmirePosted
  • Posts 3
  • Votes 1

I’ve listen to a lot of great podcasts about investing in multiple properties and growing a portfolio.  Which is exactly what I want to do. 
However, it takes me about two years to save up a 20% down payment enough for a small property in the south so my question is this, 

what strategies are being used by people to accumulate enough money to cover the upfront cost of each additional property in their portfolio?? because I’d rather not go at a rate of one property per two years. I’m in California and only looking to buy in the south where I can afford it.