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All Forum Posts by: Kevin R Moses

Kevin R Moses has started 1 posts and replied 2 times.

Post: Newbie Looking for advise

Kevin R MosesPosted
  • Posts 2
  • Votes 1

Thank you Jim, Mitch, Natalie and Jerryll, for the feed back. 

It seems a bit daunting at first but I know with the right help and research I will get through this learning curve quickly!

Jim: thanks for the advise. I am looking to join a local group of REI or start one of my own here in the next month.

Mitch: Thanks, Thats kinda what I was thinking but wanted to see what others with experience thought.

Natalie: I see you are a KW agent. My Wife Kimberly Moses is a Agent here in Vacaville CA, (Vaca Vally KW office) I love the culture and attitude that KW creates. Cheers. I will Definitely  Check out Set for Life

Jerryll: Congrats on the Dream house purchase. I always liked the idea of room mates and have had a lot of great ones in the past. Although not sure if I can get the wife on board with the RM mates.

Post: Newbie Looking for advise

Kevin R MosesPosted
  • Posts 2
  • Votes 1

Hi, 

I am Kevin. 

I don't own any real estate yet but I am looking to make my first purchase in the next year. I am looking into out of state real estate because I live in the Bay Area in CA and things are way over priced here. I am in the middle of David Greene Book "Long Distance Real estate Investing" and loving it. I am thinking of buying a multifamily duplex or triplex to start out. I have been considering just paying all cash for my first unit. Not sure if this is a wise mover or not.  I can see the upsides of no debt and a lot less risk, with higher Cash flow every month but not sure if this is a mistake and I should take the money I have and try to buy a couple places at the same time and finance them. looking for advise from experienced investors out there.