All Forum Posts by: Eldar M.

Hi BP users,

Being involved in the pod casts, forums, and the whole learning process still did not help me to choose the right area to invest in as beginner investor .

I am a first time buyer, waiting for too long to pull the trigger on my first property. I would really appreciate some insights and recommendations about areas where I can be comfortably started my real estate investment career.

-I want to be able to manage my own property.

-I am still not sure about the purpose, it could be a flip project, or just holding for a short period to generate some positive cash flow.

-Willing to travel up to 1.5 hours away from Los Angeles (Sherman Oaks, SFV)

Thank you

Welcome to BP @Daniel Medina, thank you for your service and introduction.

I am a "beginner" as well, from the Los Angeles county area.

Good luck !

@Patrick Center 

 Welcome to BP and thank you for your service !

I am located at the San Fernando Valley as well, Sherman Oaks.

Welcome @Joseph Davis  I am relatively new as well on Bigger Pocket, and to investing in general. I definitely learn a lot every time I am here, and I hear from well experienced investors that they are discovering more and more new things as well.

I would love to hear more about the property management experience of yours. 

Thank you @James Tran  , I was was leaning towards multi family property because of the fact that I can leave for free, or at least have the tenants pay a large portion of the mortgage.

The only issue is that at my price range, I'll have to find myself living at the "not so good" areas of SFV or LA.

Any recommendations for locations ?  

I am debating between SFR and Multi ,what are the advantages and disadvantages in each as a low budget-first time buyer . I want to purchase my first property, and I wouldn't mind combining it as an owner occupied property. Interested in Los Angeles area since I am working here, can do some renovations, and manage the property myself. The budget is roughly 150,000-350,000 Please advise Thank you !

@Rick H. 

 GREAT advices guys, very informative, I might use it in the near future.

Thank you !

Welcome to BP @Kelly Heraux-Arana !

I am relatively new here as well and in the investing business as well.

It's an amazing source of information, don't hesitate to ask questions via the forums.  It's always great to see another local member.

Maybe I missed this information along the way, but who are you affiliated with, which brokerage at the moment ?  

Welcome @Lakshman V. I have a great feeling you found the best place to connect online and get ocean of information about real estate investing.

Good luck !

I love your podcasts, and I really had to mention show 77, @Michal Quarles  is genius !!!

I just wanted the podcast to keep going, there is so much to learn from the guy.  Must listen show !

@Brandon Turner, @Joshua Dorkin you guys really  doing great job with the podcasts, definitely two thumbs up !!!