All Forum Posts by: Sean Autry

Thanks, Christine.  I sent you a PM.

Ed- Yes! One of my main concerns is finding a PM I can rely on, and that charges a fair price.  Any recommendations are welcome.

Luisito- Thanks for the info.  One of the great things about Vegas for me, is that it isn't too far.  I'll keep you in mind when I actually start the property search.  Which will hopefully be in the next 2-3 months.

Since you seem to know the LV market, do you know generally what vacancy rates look like out there?  And How long it takes to fill a rental if the rent is priced at market?

Chris E.- Yeah, I guess you're right.  That was a very general question and the answer depends on a lot of variables.  Guess I'll find out after my first couple of properties!

Nick Lee- Thanks for the input!  This site is great.  I'll definitely be active here (well, as much as a newbie can be). Eager to get to the point where I can be as much of a contributor to the site as I am a benefiter (if that's a word).

Hi All-

Newbie here from So Cal.  I'm loving this BP community so far.  There's a lot of excellent information on here, and everyone seems to be eager to share their experiences.

I'm new to REI, but very eager to build an out of state rental portfolio (out of state because I'm priced out of Cali). Goal is 10 properties in 5 years producing ~$250/unit. Question to the seasoned investors: does that sound realistic?

Anyway- wish me luck!

Sean

Let me refine my question a bit (make easier to answer).

I'm looking at Las Vegas as an option.  It's in my price range, and it's close enough to give me some comfort.  Same questions apply:

Does anyone have experience in Vegas rentals, and how has it gone?

What are some important things to consider that a newbie may not be thinking of?

And my biggest fear: how can I find a property manager I can trust to take care of me?

Hi All-

New here to the site, and so far I'm loving it. There's a lot of good knowledge here, and everyone seems happy to help.  Here's my situation:

I'm a first time investor from So-Cal.  I'm priced out of this market (except for some rough neighborhoods), so out of state seems like the best option.  Are there any other So Cal investors out there with out of state rentals that can comment on their experiences? What are some main points I need to consider before I pull the trigger?  And how did you find a property manager you can trust to get the job done at a fair price?

I'd like to pull the trigger in the coming months, but frankly I'm a bit paralyzed with fear about being so far from my first investment.

Thanks!