All Forum Posts by: Tim Ryan

 Hey Kevin,

Since I definitely want to look out for your best interest, I repeat that investing out of state is the best option when you currently live in the very landlord Unfriendly state of CA.

In addition, I never wanted a quad to live in as I just never liked the idea of living next to - above or below others.  But that's just me I guess.

Now Travis knows someone who would regret that.

Haha, I hope you both can roll with me here. Just having fun.

Hi Kevin,

Thanks for sharing your story. I hope you will get some good advice on here.

I read that you said you don't want to invest outside of OC.  I will give you my advice anyway. Invest outside OC.  In fact, invest outside Calif for sure.

I suggest you continue to rent and buy an investment property first. You'll have a property manager do the management (so you being close to it is not needed).

Yes there are risks for some people to go out of state but if you learn the techniques like I have, you'll see it's actually easier and far less risky.

I agree with this Jonathan. But then you'll also need an Entrepreneurial minded person on your team. If not, a deal will never happen.

Ying and Yang

 @Chris Kay go to Meetup groups. Real estate investing (you won't find many contractor groups) but they will be at the real estate investing meetups

Hi Chris,

If you are not a contractor, get one. Or an experienced flipper/rehabber.

What you don't want to do is bring in partners who are just like you. I've seen this and it's the blind leading the blind.

 Hey Anderson,  you need show up in the market often. Calls and emails won't do it. Plane, Train, or Automobile and meet in person.

Dang that's a bad layout. But I could easily make this a 3 bed, 2 bath within the existing sq ft.  But @Wesley Wilk if you havn't done this type of rehab and you are not a real estate investor (so this is your first go) then I would not take something like this on.

You'll need to learn real estate investing first, then embark on strategies.

Ironically, I called myself a real estate investor for a year before I bought a property. Because I got trained and knew that it was just a matter of time I'd find a deal.

@Matt Powers  Have you done any training, schooling in real estate investing?  That's the first place to start.

I can tell you what to invest in and where - but you won't listen unless you really understand this business first.

Nah,  I didn't have license for years and did many investment deals. Then two years ago I decided to get my RE License. It was a waste of time and money.

For one thing you won't really learn anything valuable to an RE Investor.  Unless you go out and get clients, which is a job and a tough one, then don't waste your time and money like I did.

I've since put it on hold

Interesting. I looked at the GoFundMe page and watched the video. Cool idea. I've rehabbed old downtown buildings in a nearby city to Milwaukee.

I'll see how I can assist Stormi.