Newbie in Los Angeles
Hello BP!
My wife bought me Brandon Turner's: The Book on Real Estate Investing which brought me here. I've nearly finished the book and, honestly, feeling a little overwhelmed.
Some background on me:
--Freelance video editor living in LA. I'm interested in supplementing my income with real estate.
--The rents seem to be skyrocketing in LA so, in order to survive here long term, it seems we'll need to purchase something soon.
--I was fortunate in having my grandfather leave me a paid-off home in Oregon several years ago. According to Zillow it's worth around 230k now.
I'm trying to learn as much as I can right now. From what I have read so far, the House Hacking scenario seems to make the most sense in getting started. My goal would be to add enough properties so I wouldn't feel as much pressure from my day job and have the freedom to take only high-quality jobs.
Any beginner advice would be greatly appreciated! Especially tailored to Southern California.
Thanks!
Jake