I am from San Jose, CA working in the tech industry. I discovered BP through videos on YouTube funnily enough started watching the Morris Invest videos and when I did some digging on them ended up here.
Looking to do some buy and hold outside of CA to generate some cash flow. I am very conservative financially so looking to take the slow and steady path. Currently in research mode. Read "Rich Dad Poor Dad" and working my way through "Cashflow Quadrant" and the other books by Brandon are sitting in my queue.
Currently struggling with deciding on an area to invest in, already decided to invest in b or c class, not sure about duplex or SFH yet. Per a lot of articles trying to stick to the landlord friendly states, but I have heard good things on the forums about KC so looking at that as well.
Will look for some meetups once I'm done with the above.
Some of the resources I've been using to narrow down states in case someone else finds it useful:
https://www.neighborhoodscout.com/in/indianapolis/... - Useful to get some high level info about crime rates, schools ... all the basics when selecting an area. Just substitute the state and city and you can look at different areas
http://www.jchs.harvard.edu/sites/default/files/Ha... - A little high level but does mention some states in there.
http://www.usmayors.org/wp-content/uploads/2017/05... - Employment info a bit dated but aligns with the price rises seen in those states.
Welcome to the BP community! I have enjoyed learning from the podcasts as well. Thank you for your links!
Thanks @Jeff Kao will be updating this post with anything else I think will be useful.
@Lloyd Gomes @Jeff Pollack
Here’s a link to a San Jose R/E Investor Meeting that I found on BP. I have not been to this meeting, yet:
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you