All Forum Posts by: Jesse Carreon

@Mark Bommarito I’m from L.A. also. I’m looking out of state too for my first rental property. Elizabeth city, NC has caught my attention. Probably gonna get my butt kicked on first deal but I just want to get in the game. Although I gotta say I might look into Palmdale - Lancaster area if I can get approved.

@Frank Patalano

Getting approved. Talking to lender again today.

Can anyone recommend a good property management?

@Frank Patalano no more excuses for me. I’m going forward with my first rental property. I plan on buying something in NC

You guys all sound like pros. I'm way out of my league. I'm gonna have to lose hard on my first investment probably. Oh well. No one gonna hold my hand on this one.

Thanks for the comments. I've been to Wisconsin as currently operate in the field for my job fixing printing presses. I want to find a nice location (I've been looking at Manitowoc and two rivers) and I am willing to spend more if needed. My particular case is that I am sick of traveling for my job and missing out on my children growing up. I want to use the opportunity afforded to me by the equity in my current house and just "go for it." I wish I had someone to guide me in a better direction but this is all I can think of.

After much contemplation I finally decided to begin the process for buying an investment property in Wisconsin. I'm selling my home in Whittier, California. (I should cash out with at least $150K) Im gonna move to Wisconsin in to a multi family (4-unit) home (50-70K) and let the tenants pay my cost of living. Any objections?

I understand. And I'm all ears. I take everyone's input seriously.

@Frank Eimiller I just went through the "pigs" post you recommended. It appears to me that some "pro's" decided to move on from the low end housing. but I gather that not all 30-50k homes fit your description of "pigs". I must say though. My perception of housing prices and neighborhoods is affected by the outrageous prices here in California. You would probably consider my house a "pig". 

Jeff G. Hi. I am considering doing similar to what you did. I would love to hear an update on the Sheboygan property. I am being told that it is unwise to buy cheap properties and rent them out. I hope to be able to do this from California where I reside.