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Ben Tsao#3 New Member Introductions Contributor
  • Investor
  • San Francisco Bay Area
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New Investor in SF Bay Area, CA hoping to flip and gain lost capital

Ben Tsao#3 New Member Introductions Contributor
  • Investor
  • San Francisco Bay Area
Posted

Hi folks, I'm newish to investing. I tried my hand at a BRRRR in Concord, CA but am getting raked over the coals on the property and am selling at a significant loss. I'm hoping to flip some properties either in CA or out of state to build back my lost capital.


I tried looking at Cleveland, OH (even visited in person) but got cold feet and couldn't make the plunge. I imagine I would prefer flipping over buying-and-holding for now (esp in CA given strong tenant protection), but am open. 

It's pretty clear I made some early mistakes, but hoping to learn and grow from them.

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

Cleveland's dope yo. Come back more prepared and you may feel more confident. Check out The Ultimate Guide to Grading Cleveland Neighborhoods to learn the lay of the land so to speak. 1,000's of investors have used this guide to help them minimalize risk when they invest in Cleveland.

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