Brit mum starting out in REI
Hi everyone!
I'm Francine - a British mum of two who recently relocated to LA for my husband's work. Over the last 6 months I've found myself applying endlessly for jobs in communications/PR/socials and getting no where so I've decided it's a sign that I should finally get into my lifelong passion of REI which would also give me the flexibility to spend as much time as possible with my babies too.
I ran a successful STR in the UK (a basement flat attached to our home) but I'm very new to how it works out here!
I recently completed a short REI ‘masterclass’ but now want to get stuck in and read/listen/ask as much as I can from those on the ground.
I’m currently looking at getting a STR in Joshua Tree but also keen to learn more about wholesaling. Any/all advice for a newbie very much welcome!!
Thanks so much
Most Popular Reply
Hello Francine,
I hope you're doing well. That is great to hear about your passion and how you are ready to pursue your lifelong passions for Real Estate Investing.
Short Term Rentals in the United States can be a lucrative endeavor, whether you own the property or are doing arbitrage. With California, we always recommend checking state and city local ordinances, as well as any HOAs if applicable, to make sure you are able to utilize the short term rental strategies that you learn.
If you haven't done so already, we may recommend looking into LLCs and Trusts for asset protection and anonymity for your Real Estate endeavors.
Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.