Advice on finding mentor? SoCal RE Investing
I'm a property manager in West Los Angeles looking to get into the game. I'm slowly underwriting deals but I'm not certain which market to begin in. I work and manage in West Hollywood & Los Angeles. The laws here are brutal (I know firsthand). I'm considering more landlord-friendly markets within California (and preferably driving distance). I'm hoping to get some guidance and accountability in my corner. Please feel free to share suggestions and experiences. Thanks!
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#1 Starting Out Contributor
- Flipper/Rehabber
- Pittsburgh
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#1 Starting Out Contributor
- Flipper/Rehabber
- Pittsburgh
Hi Callaghan. I'd go to meetups and network. Go to as many as you can. Ask questions, get business cards, talk strategies. If you can't find one you like start your own with other Callaghans.
And I like that you're looking within driving distance so that you can be in-person and hands-on. Many CA investors immediately assume they should purchase something in the midwest solely because of the lower price point... and then they immediately lose money on it.
I hope this helps. I'd be happy to connect if you have any more questions. I'm on here to help new investors not lose money.