I’m based in Los Angeles and work as a real estate agent, but I’m here to start building my own investment portfolio. I’m even open to out-of-state deals, partnerships, and figuring out the best path forward — whether that’s BRRRR, house hacking, or even the occasional flip if the numbers make sense.
Right now I’m in the learning and positioning phase, studying financing options, and talking to people who are actually out there doing it. Long-term goal: build a portfolio that has cash flow and gives me options.
If you’re a few steps ahead, I’m all ears. If you’re in the same boat, let’s connect and keep each other moving.
Welcome, Daniel — sounds like you’re approaching this with the right mindset!
Since you're already in real estate, you've got a huge head start. Out-of-state investing can definitely work if you build solid local relationships and vet your team well. BRRRR and house hacking are both great entry strategies, depending on your financing options and risk tolerance.
Keep connecting with others doing deals in markets you’re interested in — and don’t be afraid to take action once the numbers make sense. Momentum matters. Wishing you the best on your journey!
I'm in a similar boat and also working on building a portfolio that generates steady cash flow and long-term flexibility. Being a real estate agent already gives you a big advantage with deal flow and local insight, and combining that with smart financing and strategy like BRRRR or house hacking could really accelerate things. Especially if you're open to out-of-state markets.
I'm based in Memphis, where I help investors source cash-flowing deals and build teams on the ground, so if you're ever exploring this market, I’d be happy to share what I’m seeing here. Let’s definitely stay connected! Always good to move forward with other hungry investors!
Realtor · Columbus, OH · Member since 2023 · 1k+ posts · 1k+ votes
1y
Hey @Daniel Enriquez! I'd recommend looking into markets with high rental demand, like the Midwest, where the numbers tend to make more sense. BRRRR can work well if you're able to accurately estimate rehab costs and after-repair value. For house hacking, focus on emerging neighborhoods with good rental potential. It's a great way to start building wealth with minimal risk. If you're considering partnerships, make sure everyone's roles are clear and goals are aligned. This way, you can move faster and avoid headaches down the road. Long-term, stay focused on cash flow, and your portfolio will grow with plenty of options down the line.
Realtor · Memphis, TN · Member since 2010 · 425 posts · 117 votes
1y
Hi Daniel,
Welcome to BiggerPockets! I like your mindset—starting with learning and connecting is the best foundation. Being open to different strategies like BRRRR, house hacking, or flips will give you flexibility as you grow your portfolio.
I’d be happy to connect and share experiences, especially around building cash-flowing rentals and exploring partnerships. Let’s keep each other moving forward!