All Forum Posts by: Linda S.

@Marco
Thank you so much for the detailed reply :) I've never thought one can buy a turnkey property without ever flying out to its location, even on closing date :)
I've been reading lots of posts and gathered lots of useful info. But still not sure what to do. Everything is so vast. My goal is buy and hold for potential appreciation, rent it out using PM (as I imagine it won't be in same or close by town).
Regards,
Linda

Hi,
I've been reading and reading and still have yet come to an answer.
My goal:
- Better return (my saving are in stock, mutual funds, some in 2% CDs now)
_ Buy for hold, potential for appreciation, reduce my regular engineer income tax
- Rent it using PM (I am in Redwood city, and it looks like my investment won't be in a near by town. I also have full-time job and mom of 2 young kids)
- Been looking into Sacramento, Roseville, Tracy, Manteca (using redfin, craigslist)
Should I buy in these areas to be somewhat close by?
Should I do turnkey out-of-state? Looked at MemphisInvest as some suggested.
Haven't seen anything even close to the deals mentioned.
I am very flexible, just want an investment strategy better than what I have now.
Appreciate any help.

Thanks folks for your welcome. You guys are great!
@Marco Santarelli Please share strategies for doing it out-of-state. Do you do turn-keys? Do you fly out to look at the property in person? How do you find local connections?... Thanks much.

Hi everyone,
I've a network test engineer for over a decade. I've always fascinated about investing and want to learn ways to invest, but never really had a enough time or energy. I am having more time now as my kids are being more efficient, so I've been following the RE market for a few months and I am really excited to obtain my first rental property, but I am still missing a lot of the know-hows. So thanks to all the wonderful folks who share info here.
I know the basic of property analysis. I am in the Bay Area, and with my limited knowledge, don't see how it would work around here. So, now I know I might need to do out-of-state. Will try to read as much as I can from BP. Any guidance appreciated.