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All Forum Posts by: Sam S.

Sam S. has started 1 posts and replied 3 times.

Post: Starting off as an Out-of -State Investor

Sam S.Posted
  • Rental Property Investor
  • Orange County, CA
  • Posts 4
  • Votes 2

@Alex Gray thanks for sharing, Alex. Those are some great insights! The northern neighborhoods you mentioned are all good areas that I've seen lots of potential for, and probably the area I would like to focus in on. Glad to see another prospective investor at a similar stage in the journey!

@Logan Freeman Yes, pretty much focused on SFR for the time being. The referral is appreciated, I'll look to connect with Brock. Is there an area you focus in?

Post: Starting off as an Out-of -State Investor

Sam S.Posted
  • Rental Property Investor
  • Orange County, CA
  • Posts 4
  • Votes 2

@Logan Freeman thank you, Logan! The neighborhoods north of the river around North Kansas City have been intriguing to me, such as Gladstone, Northmoor, and Avondale. I've also been interested in South Kansas City and the areas around Longview Lake and the 470/435 junction. The numbers seem to be positive in both these areas I am looking at while still being at a conservative price point. Any thoughts?

Post: Starting off as an Out-of -State Investor

Sam S.Posted
  • Rental Property Investor
  • Orange County, CA
  • Posts 4
  • Votes 2

Hello BiggerPockets community!

It's taken me a while to make my first post on this forum, but we're finally taking the next step! I love the utility and sense of community this website provides, it's really enlightened and exposed me to so much more than I expected. As for myself, I work full time as a transportation analyst in Orange County, CA. This is a job I am very passionate about and enjoy, but is also flexible and allows me to allocate time toward my other goals, like investing in real estate.

My countless hours of real estate education and research to this point have led me to the Kansas City market, where I would like to obtain a SFR rental. My thought process is to start by investing in out-of-state markets with a focus on cash flow, given the high barrier of entry in California. As time goes on and I've built up my portfolio and equity, then I would like to start investing closer to home. Has anyone else adopted this approach for similar situations or markets?

I'm working to make my first transaction in the forthcoming weeks/months, so naturally a little nervous, but also enthused and excited!

Sam