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Updated over 4 years ago on . Most recent reply

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Daniel Barbosa
  • Rental Property Investor
  • Vacaville, CA
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Looking to start out of CA investing

Daniel Barbosa
  • Rental Property Investor
  • Vacaville, CA
Posted

Hello BP peeps,

Let me quickly introduce myself. I’m a 27 year old medical device sales rep who wants to build passive income and quick the 9-5 grind asap lol. I currently own 2 homes and 2 plots of land in CA, but have realized I will never be able to get to my goal at the current rate of acquisition Im at due to cost of RE in CA. So now I’m looking to invest in my first market outside of CA that generates monthly cash flow on buy and hold properties.

I have about $200k in liquid capital that i am working with. My goal would be to find a great BRRRR opportunity and use this same capital to acquire multiple properties generating $500-$1000/mo in income.

I’ve done some basic research but was really hoping to connect with people who have first hand experience in successful markets across the country.

Please help a brotha out lol thanks everyone!!!

Most Popular Reply

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Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
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Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
Replied

I started with SFH in 2009-2015 which I was working my engineering gig. Then went into syndications once my net worth went over 500k.

If i were you I would just take the 200k and buy 1 turnkey (30k down) then one you are a little more experienced buy 5 more.

  • Lane Kawaoka
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