All Forum Posts by: William Orrock

@Account Closed thank you for your help on this matter. I will check into what you are saying!

Thank you everyone this has been so helpful.  At this time I am not looking into self management, I would hire a prop. management company for all my out of state deals.  @John Casmon @Ellie Perlman @Gus Kazek 

Keep the info coming guys! Thanks so much!

Sorry Lane I forgot to put your name in there at the end.  Thanks for your input.  How about Hawaii?

Thanks a lot guys for your opinions until now. I am thrilled to hear about where you guys are coming from.  Turn key companies can be really awesome, but I’ve heard horror stories and those are the ones that ruin it for guys like you.  Maybe we can chat more about Alabama and Tennessee sometime here soon.  Thanks for your time Clayton and Chris.  

I have been wondering what market to invest in? I live in California and with its Laws from my understanding, it is geared more towards the tenants than the landlord and it can be crazy expensive to purchase and then taxes on top of that. I am sure there are places in and outside of California that are lower in taxes and as well as higher. However, as a newbie I wanted to get a few opinions on where a great place might be able to start.

Would turn key be a great start for a newbie or not?

Looking for both equity and cash flow and they do not need to be necessarily group together.

Thoughts anyone?

My self as well for the recording! Thanks

Okay that great to know, but what is happening is the deals I’m looking at seem great and then when I run the calculations, they seem to be not so good or a negative income.  What if they are a good deal, but because I am not 100% sure do that I am calculating correctly.  @David Lee Hall, III

Hello fellow investors: I am really getting used to using the calculator. However I am not sure if I am using it right. What I am is I watched the last webinar on how to do it, but the market Brandon was using was a much cheaper market than where I am looking. My question is how do I find out what these are in my area?

Future Assumptions

Annual Income Growth (%)

Annual PV Growth (%)

Annual Expenses Growth (%)

Sales Expenses (%) 

I current live in California, and I am just checking out different markets. So I am guessing because the economy here in California is say much different than Florida, Texas, Midwest. So how can I calculate or where can I find what the above topics are in my area in California, then in other states. E.g. is the annual income growth rate in California 3% or 6% or is it like the mid west 2%.  Again, I am new and still learning, any help in this matter would be more than helpful!

Thanks everyone! This is amazing advice.