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Updated over 3 years ago on . Most recent reply

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Joshua D Velazquez
  • Rental Property Investor
  • Salem, OR
0
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8
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Looking for help in Portland OR

Joshua D Velazquez
  • Rental Property Investor
  • Salem, OR
Posted

Hello everyone my name is Josh and I'm looking to get into real estate full time! I just put in my 2 weeks notice so January 25th will be my last day and I have $20,000 saved up from the 9-5 job, so now I feel ready to buy my 1st investment property. A little more about me, I'm a single 29 year old guy living in Salem Oregon looking and willing to move anywhere around the country to buy a great deal. I want to start a family in the next 5 to 10 years but before I begin building a family I want to build a real estate business. I've been listening to the bigger pockets podcast for years on my commutes, so I'm hyped and ready to jump in but still a little nervous and unsure where to even begin. I've lived in Salem Orgeon practically my whole life and the best properties here seem a little out of my budget. The reason why I feel the need to move is because I want to find a more affordable market that will give me great cashflow. Which market should I consider moving too? Any wise advice would be much appreciated from a young guy looking to start my wealth building journey. Thanks for taking the time to read this, and thanks a million for any advice you might have for me. God bless and many many thanks in advanced!🙏🏼

Most Popular Reply

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101
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43
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Liwen Gu
  • Real Estate Broker
  • Salem, OR
43
Votes |
101
Posts
Liwen Gu
  • Real Estate Broker
  • Salem, OR
Replied

Hi Josh, I live in Salem OR as well :) You say that you want to get into real estate full time, what are you planning on doing to generate regular income? How will you be able to qualify for a loan to buy your first investment property? 

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