All Forum Posts by: Account Closed

Thanks for your responses, David, Shannon and Steve.

@David, your blog post was awesome, it gives a great overview of passive investing. I will do my research and get back to find potential GPs here. 

I realized that I used a couple of terms loosely in my post though (passive, apartments etc.). I am open to actually owning a small property in one of these cities, within my budget, and then renting it out through a property management company.

@Shannon DuPree Thanks for sharing the great opportunity. Let me get back to you after a quick assessment of the area. 

@Steve Kontos I agree, I would love to connect with more investors (pref who were in the same situation as me) and understand their decision process. I will PM you with more targeted questions and look up local REI clubs here.

Thanks again everyone! This community is awesome, I didn't expect such great responses in such short time. I will quickly evaluate my options and get back. 

Hi, 

I am looking to invest in the range of 300-350K. The objective would be investment, so I would be looking for good rental properties. 

I live in San Francisco, but can't afford anything in the bay area, hence I am looking at areas like Austin, Houston, Portland etc. No particular reason to select these cities.

I am looking at more of a passive investment, so something that doesn't involve frequent travels to the location. 

I wanted advice on how to get started with it, specifically,

- How to shortlist properties ( I was thinking of 1 or 2 bedroom apartments as they are easy to rent out)

- Should I go with a property management company/agency for the end to end process (buy then rent) or buy first then look for property management company

- How risky is it to rely on property management company completely and manage remotely

- Any other advice

Its my first post to BiggerPockets so apologies if its not as per the guidelines. 

Regards,

Ajitesh