All Forum Posts by: Kevin Wilson

@Trenton Miller That’s my sense but I’m looking at all angles; partnering, leveraging capitol, modified house hacks and even out of state. Hopefully BP educated and inspires accordingly

@twana 

@Twana Rasoul I own a primary residence already and married with two kids and soon to be one on the way so it would have to be an ideal multi-family setup. Definitely thinking Single family with an accessory dwelling unit may be an option though 

Thanks @Kyle Smith! 1st responder just sounded better than 2nd responder ;) 

I appreciate it and will probably take you up on your offer as I get rolling.

@Ricardo Gomez thanks for the advice and the reply!

@Todd Rasmussen

Thanks for the tip. Any major added cost issues/tax preparation with out of state investing? Means of doing so without the need to travel out of state?

Thanks CJ! Excited to learn more!

John, I’m all about innovation. Thanks for sharing!

Name: Kevin Wilson

Age: 39

Location: Oceanside, CA (San Diego County)

Career: Police Officer

School: MBA - Cal State San Marcos

Bacherlor’s Geography (Geographic Information Systems) - San Diego State University (Go Aztecs)

Current Home Owner, Father, Husband

Short-term goal: 1 Property.

I stumbled on Bigger Pockets about a week ago and love the podcast and material. Feel like I’m scratching the surface. I’ve been wanting to break into real estate investing for some time but seems to be just out of reach, especially in Southern California. Hoping for tips, tricks and insight on getting in at the ground level.

California has allowed for adding Affordable Dwelling Units (Granny Flats, Mother-in-law, guest house) to be placed on property of Single Family Homes. Does anyone have experience adding a ADU to a property as a rental for generating cashflow as well as increasing equity? Pros vs Cons? Affordability?

I’m a LEO in San Diego County. Own a home that I can pull $50K out of which doesn’t seem to be enough to break into this market. Not sure I’m comfortable for a first time investment going out of state. I’m thinking partnering is the best bet.Suggestions?