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All Forum Posts by: Margo Pierson

Margo Pierson has started 1 posts and replied 5 times.

Post: How to express gratitude to mentors

Margo PiersonPosted
  • Rental Property Investor
  • Anaheim, CA
  • Posts 5
  • Votes 2

@Thomasina Pearce you could DoorDash/UberEats them a meal, and talk over that kind of lunch.

Post: SoCal newbie investor here!

Margo PiersonPosted
  • Rental Property Investor
  • Anaheim, CA
  • Posts 5
  • Votes 2

@Joshua McMillion thank you Josh!

Post: SoCal newbie investor here!

Margo PiersonPosted
  • Rental Property Investor
  • Anaheim, CA
  • Posts 5
  • Votes 2

@Stephen Brown thank you for your feedback!

Post: SoCal newbie investor here!

Margo PiersonPosted
  • Rental Property Investor
  • Anaheim, CA
  • Posts 5
  • Votes 2

@Chris Davidson thank you for your response. The numbers I am trying to get to work are the total monthly cost/rent, so I dont end up in a bad deal. I'm waiting until EOY to have the money saved up for a down payment, so it will be minimal down. Unfortunately I can't house hack because I can't leave CA, so that eliminates FHA option. Portland just doesn't seem to pan out on numbers for me due to such high prices and I've realized until eviction moratorium is over I probably shouldn't look there.

I’ve noticed the mid-west seems to be the best option via other feedback on here, but also have been analyzing TX, NV, and AZ.

Being a Vet, I’ve been considering around military bases also.

Post: SoCal newbie investor here!

Margo PiersonPosted
  • Rental Property Investor
  • Anaheim, CA
  • Posts 5
  • Votes 2

Good morning/afternoon BP family! My name is Margo, originally from Portland, OR but currently reside and own a townhome in Anaheim, CA. I have been reading posts in the forums for awhile now, and figured I would say hi. 

I am new to the REI world, although I have owned and sold several residences that I lived in as my primary residences, so buying property is not completely foreign. I have been reading books and posts here, and trying to soak up all the knowledge and experience like a sponge before I commit to anything. My goal is to get into buy and hold 2-4 unit multi-family rental(s) by EOY, but I havent quite settled on where yet. I have been looking at places back home, but I cannot for the life of me get any of the numbers to work out when doing analysis on properties there due to high prices and super high property taxes. Im a little nervous to look too far away on my first venture, but may have to do that.

Any advice or feedback is welcomed with open arms. Have an amazing day!!