All Forum Posts by: Taz Zettergren

@Jimmy Rojas I always recommend trying to start out locally so you can get a feel for how real estate investing truly works. If possible I'd try a house hack at first, if that's not feasible then I'd look at out of state investing. There are companies that allow you to invest extremely passively in areas that are very affordable. Those kind of companies handle purchasing the home, renovating it then selling it to you and even property managing for you on the back end. In the southern/middle part of the country you can get into a great area for under 300k. Feel free to reach out with any questions you might have. Best of luck on the journey! 

@James Khail welcome to the forums! It all comes down to what your comfort level is. I serve a couple hundred clients who live in CA and they prefer to invest passively in real estate in areas like Texas, Oklahoma, Little Rock, AR and Memphis, TN. You can get into a great area for under 250k and the laws are landlord friendly. It all comes down to the team you're working with and more importantly the management company who is going to be married with you through the longevity of the investment. If you have a good base it can lead to a long and fruitful partnership. Feel free to reach out if you have any question. Best of luck on the journey! 

@Josue Ramos I would recommend areas like DFW, HOU, SAN, OKC, Tulsa, Memphis or even Little Rock. The higher appreciating plays of these will be in TX or OK but with the higher interest rate that comes with the dscr loan I'd be prepared to put more money down. 

Are you looking to actively invest or do it passively? 

@Dallis Thomas send me any pictures you have for this please. Vacant or occupied?

@Shrikant Kakani welcome to the forums! It really depends on how active or how passive you want to be in the investment. For those who are able I always suggest for them to house hack so you get the full experience of what to expect in a rental property as you are in the trenches doing that work yourself and it comes with a lower cost of entry for a more expensive asset. 

If you are looking to invest passively I would suggest looking in the southern/middle part of the country where the price points are much more friendly as well as the landlord laws areas like Memphis, Little Rock, DFW, Houston, SAN or Oklahoma. There are companies that are vertically integrated that can walk you from start to finish with the investment so naturally the interests will be mutually aligned. Feel free to reach out if you have any questions. Best of luck on the journey! 

Thanks for the kind words @Dan Thomas hope you are well! 

@Ed Henson As others have mentioned there is a plethora of information on investing and experiences in here, use that to your advantage. Welcome to the site and best of luck on the journey! 

@Blue Presley sorry to hear about the losses in your family. I'd recommend keeping them and doing what Greg mentioned, that said I'm a real estate guy and not an avid stock/option trader. Feel free to reach out if you need a few references for contractors and property managers. If you do decide to sell give me a call I'd be interested in evaluating myself. 

Best of luck! 

@Jagan Reddy Memphis is certainly a street by street city. It really depends on which part of 127 they're considering. Feel free to DM and I'll give you my two cents

@Zachary R Beale congratulations on making it to that point in life! Definitely take your time and do your research before jumping into anything but similar to what others have mentioned if you don't already have a primary I'd try to grab one of those with the VA loan if it's feasible. Not sure how you feel about living around others but a 2-4 unit would be a great investment but also a great way to learn about real estate investing and which direction you'd like to go with moving forward.

From a rental standpoint I prefer properties in the suburbs that are long term rentals because it's a safer more consistent play. There are tons of people who have success with short terms though.

Best of luck on the journey!