All Forum Posts by: Gonzalo Gonzalez

@Jennifer Dzera That's great advice. I'll seek out some help in the area. Thank you.

I'll be traveling a couple hours out of my area in an attempt to find investment friendly neighborhoods. I live in an over-inflated area of CA and I'm looking to wholesale my first deal in a more affordable area of the state where it might make more sense for cash investors to invest.

What should I be looking for in those neighborhoods? What would be the most efficient way to locate these areas while I'm in town?

Thanks.

@Ali Boone Thanks for the advice.

@Allen Maris The Central Valley is definitely an option. I don't go there often, but I definitely do have connections that could make visiting for business a little more palatable. Thanks for replying.

@Sam Jones I'm new to RE investing so at this point I'm looking to break into the market with my first property. I'm sure once I get that first deal under my belt, the second will be 10 times easier. I'd like to leverage someone else's money, so I'd be really interested on how to utilize private lending, if at all possible, to purchase out of state. I'm not very handy, so rehabbing out of state is not an option. I'm more interested in long term, cash-flowing investments. As far as building a team and traveling…I would definitely want to establish a team and I don't have a problem traveling two to three times a year.

@Markeilsha R. I've never heard of virtual wholesaling, but you got my interest. Do you have access to the video? Would you be willing to share?

I'm new to BP and new to investing. I do have a mortgage background and currently do hold my MLO license in CA. I live in Santa Barbara, CA and for someone that does not have a lot of capital, Santa Barbara can be a difficult place to invest especially for someone that is just trying to get started, or so I've been told. I've heard that investing in other counties or out of state might be a better strategy, but then again, that leaves many unknowns as well.

What advice would you give someone starting out in an inflated market?