All Forum Posts by: Aaron K.

@Jerry Lucker I encourage people to try free options before they pay for anything that way they can see if it helps them before spending money, that is why I am a huge believer in free landlord associations, even inexpensive ones are probably fine, I just don't want people to spend thousands of dollars on some guru's "system" thinking that is the only way to break into real estate when it is advertised as an association and not a sales program.

@Brendan M Hornung unfortunately you aren't going to get much in the $200k price range in the area, maybe a condo or mobile home at best, so if that is the price range you may need to alter your approach, borrow more, invest out of state, save up more for a down payment etc.

@Eric Henry I'm in a somewhat similar situation, in that I'm in Riverside and will likely be heading to Phoenix later this year, happy to share anything that might help about my investing journey so far.

Neither, Gamestop is one stock that most large and even moderate sized investors aren't holding at all, let alone in significant enough portions to have an impact on their RE behavior.  The reason for more OOSI is a low interest rate environment, and low housing supply driving up prices and encouraging folks to look outside their local area.

@Peter Pettersson my best advice is don't be conservative, be correct.  If you are conservative in all your numbers and others aren't you won't get anywhere.  1.5 months per year in SoCal is super excessive in terms of vacancy rate, make sure your insurance, property management, and maintenance costs aren't conservative either, SoCal insurance is cheap relative to other parts of the country, and you can find good inexpensive management here as well.

@Peter Pettersson you've said you've been looking and nothing meets your requirements, but you never said specifically what your requirements are, so it is hard to recommend cities, and you also mention potentially going OOS you need to begin to focus on what you really want and narrow it down a bit.

If you aren't comfortable managing and don't know the legalities then it may very well make sense to hire a PM, it could save you from a costly mistake if you are going from zero to one

In general yes, but for this specific house you might have trouble because the price point is so low and many lenders won't work with properties that cheap.

Redfin is better, they don't have a bunch of superfluous stuff on there like Zillow does, but you still won't get to see Private remarks and things like that.

@Robert Callaway it is very decentralized, I'd try the networking route first, but it is not easy, and as a new agent it is frustrating how much of lead generation just comes from spending money.