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Updated over 2 years ago on . Most recent reply

User Stats

21
Posts
49
Votes
Tre Irvin
  • New to Real Estate
  • Irvine, CA
49
Votes |
21
Posts

Seeking guidance/mentorship for out of state rental investing

Tre Irvin
  • New to Real Estate
  • Irvine, CA
Posted

Hey everyone! It's been a while since I've posted here. I've become consumed by my 9-5 corporate job and every day I dread it more and more. There's reasons why this has been pushed off, but no more.. I'm hoping to find someone who has experience mainly in out of state investing as I live in California (any type of REI or general business investing will suffice), and has some time when available to answer questions, and give guidance as I push to acquire my first property.

I'm looking for anything. Knowledge, guidance, direction, I would love to take a backseat to your deals, learn what makes them work or fail as I build my way into my own portfolio. Believe me, I know you may be limited on time and I'm not asking for all of it, but maybe some! I have an intermediate level of knowledge when it comes to BRRRing out of state properties, but it would help to have someone to run things by and make sure I'm moving in the right direction.

Feel free to reply, or message me if you're interested in assisting. It is much appreciated and I look forward to any type of help you may bring. Thank you!
 

Most Popular Reply

User Stats

3,673
Posts
3,452
Votes
Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,452
Votes |
3,673
Posts
Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Replied
Quote from @Tre Irvin:

Hey everyone! It's been a while since I've posted here. I've become consumed by my 9-5 corporate job and every day I dread it more and more. There's reasons why this has been pushed off, but no more.. I'm hoping to find someone who has experience mainly in out of state investing as I live in California (any type of REI or general business investing will suffice), and has some time when available to answer questions, and give guidance as I push to acquire my first property.

I'm looking for anything. Knowledge, guidance, direction, I would love to take a backseat to your deals, learn what makes them work or fail as I build my way into my own portfolio. Believe me, I know you may be limited on time and I'm not asking for all of it, but maybe some! I have an intermediate level of knowledge when it comes to BRRRing out of state properties, but it would help to have someone to run things by and make sure I'm moving in the right direction.

Feel free to reply, or message me if you're interested in assisting. It is much appreciated and I look forward to any type of help you may bring. Thank you!
 

 Hey Tre,

Yes definitely, surround yourself with a great team especially if you are planning to invest out of state. I would recommend looking into the Ohio market (Primary cities such as Columbus, Cincinnati and Cleveland), the price to rent ratio makes for great investments. Not to mention our appreciation has been 8% higher than the US national average, because of the high demand for affordable housing.

I would also recommend you read this article on OOS investing. This explains who you need on your bus! You will need to get a local, Realtor, contractor, lender, and property manager. All the pieces to making a successful business.

https://www.biggerpockets.com/...

If you want to know more, let's connect so I can better help.

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