All Forum Posts by: Devon Preyer

Hello BP community I have a pretty random question!

I recently bought my first home not to long ago with the plan of living in it for about 3 years then either preferably renting or selling it. It's not a distressed property but does need some TLC mainly lawn care wise and basic updates. Although recently I think I got REI fever and been looking to get a rental property and start my investing career lol. I've been doing research for a while so it's not a new idea to me!

So my dilemma is, should I just wait it out and update my home ASAP and look for rentals after or put my main focus on building my portfolio and slowly but surely touch up my place? Sadly I’m not rich enough to do both at the same time.

@Brian Davila I would love to join! Thank you in advance.

@Reba Marabotto thank you for the information! We definitely aren’t millionaires yet, fingers crossed, but we really like the area so hopefully we can buy another relatively soon. We got pretty lucky to get our first one so hopefully our luck hasn’t run out yet. Do you know of any investor clubs in the area? 

@Nick Robinson thank you! We decided to buy in menifee since it seems like it’s an up and coming area with all the construction and new city center being built. My fiancé is still a bit timid so we decided to take the “safer” route to get our feet wet, now we are ready to jump in!

@Nick Robinson my goal is to eventually get into multifamily. For now my fiancé and I were lucky enough to recently buy our first home that we are living in and slowly renovating to eventually rent.

Hello, I am new to the inland empire area and looking to invest in the area, does anyone have any advice on what to look/watch out for in the area? I’m close to Temecula and Murrieta but should I branch out further in my search?