All Forum Posts by: Evan Snyder

Hey all, anyone know of any good markets in Cali? I’ve realized SoCal is impossible to cash flow in, so I would like to find other markets in Cali that work.

It’s scary to buy my first property out of state and I would like to start in Cali if at all possible :/.

Also, does anyone wanna come watch dancing with the stars with Brandon and I?

@Mark Baldwin

Ya man let’s figure stuff out together and try to identify some good areas for us to invest in or partner or somethin. Send me a message with your email or something man

@Kwame Williams

Wow that would be so awesome to see an example. Would you mind? Can I buy you lunch? Haha

@Nathan Maier

Thanks Nathan, I appreciate the time.

@Nathan Maier

Thanks Nathan. I wish I could just BRRRR. That's what got me super interested in investing in the first place.

@Aaron K.

Damn. Ya I gotta come up with a plan. I wish Brandon or someone would really address SoCal or expensive areas. It gets really disheartening hearing “this works everywhere!” From podcasts and YouTube videos and stuff.

@Ali Boone

Dang that’s nuts. So I essentially gotta learn to invest out of state. How did you start this? Just get on Zillow and look around at different states?

Hey all, first time on the forums here and am trying to soak in everything I can.

So, I live in a city that's really expensive to buy single family residences or multi family. I want to get into my first deal, and was recommended to go the FHA route and wanted to house hack, but I can't find anything out here. Getting a duplex would be amazing, but I can't find anything that isn't in a bad area or just totally run down. Every place I've looked at doesn't nearly meet the 1% rule or give me any sort of break even on cash flow (even if I was just going to rent out!). The lowest prices for something decent come up around $350k, and there is no way in hell I could charge ~$3.5k for rent each month.

I've analyzed like 20 deals that are all negative cash flow and negative ROI. Super frustrating and makes me want to go back to watching dancing with the stars.

Any ideas for me? Should I just look in neighboring cities? Thanks so much for your time.

Evan