All Forum Posts by: Paul Lewis

Hello folks - long time lurker, finally decided to actually create an account and introduce myself.

Long story short, I've decided that I'm going to buy some investment properties. I've spent way too much time in the 'analysis paralysis' stage, and it's time for me to just execute and be OK with not trying to get everything perfect on my first deal.

I'm primarily interested in cash flow, and I intend to be reasonably hands off (I have a full time job, so I don't have a lot of spare time). Also, since I live in the Bay Area and the rent to purchase price ratio is so insane here, I've decided that I'm going to invest out of state.

So, here's my plan. I'll move pretty quickly on one turnkey out of state deal from a reputable provider here, just to get my feet wet. I know that I could get better returns by doing more of this myself, but I'm going to use this first deal as my attempt at learning the ropes. I'm reaching out to some of the usual turnkey folks on here over the next few days, with a view to making my first deal as quickly as possible.

I suspect that there are a bunch of newbie lurkers like me on this forum who are on the edge of taking that first step and executing on their first property. I'll post my experiences as I go through this first deal - you'll either get a blueprint for how to buy your first out of state turnkey property, or you'll get an amusing cautionary tale of exactly what not to do. Let's see how it shakes out!

Meantime, thanks to everyone who takes the time to post here - I'm really thankful for how much I have learned by lurking on here for the past few months. It's a great community, and I hope that I can give back even a small amount of the value that you guys have shared with me.