All Forum Posts by: Monica Abeyta

Hi Joshua! I am in the same boat as you. The deal analyzing has yet to click with me too. I am following this thread now and hopefully someone can lay it out in simpler terms. Good Luck!

Hi Mike! I have just been given a recommendation for two real estate lawyers but they are in Orange County. I have not used them yet but the recommendation comes from a Personal Business Lawyer of mine. Hope this helps. Let me know if any of these work out for you. If not let me know what you find and send along a recommendation for them as I am on the lookout for one. Good Luck!

https://www.ptwww.com/

https://www.dcslaw.com/

Thanks so much for this! Awesome!

@Luis Vaca I was just on meetup.com looking for REI groups there but will look into facebook as well. I was leaning more towards house hacking but am still sorting out whether out of state is better all around. There are many great duplex's in LA from what I have seen but I am trying to get the best bang for my buck. lol

The out of state is appealing but I am not sure how to handle it since I am completely new to investing. I have seen websites like roofstock.com, midsouthhomebuyers.com and ohiocashflow.com and was wondering if I should start with some property on there but am not sure about those sites so will need to do further research. 

So many things to research and it's a tad overwhelming. lol

@George Blower Thanks!!

My husband and I are looking to start out in buy and hold. The problem we are having is whether or not to invest where we are or out of state. We live in Los Angeles and real estate just seems so unobtainable out here. We have saved 30k so far and can possibly double that as my dad is willing to invest with us if the deal is good. We are looking at a duplex to 4 unit buildings in the range of 500k-600k but not sure if only 10% downpayment will cut it. We wouldn't mind house hacking if possible though.

Anyone have experience starting out with low downpayment in Los Angeles? We have full time jobs and decent credit scores lowest being 700. 

I am just not sure how to start or where to look or what to look for. I am currently reading Brandon Turners book The Book on Rental Property Investing and scouring bigger pockets for more information. 

Would investing out of state be a better start since our money would stretch further? Or should we keep it in Los Angeles to property manage better?

Any advice or information would be much appreciated.