All Forum Posts by: Ben Kunzel

Thanks for the warm welcome everyone! 

Have already got some great advice in the past couple days from this post alone. 

Narrowed it down to Memphis, Dallas/Ft. Worth/Houston, or Indianapolis. 

Now trying to decide... to turnkey or not to turnkey... Reading a lot of strong opinions both ways, but I'm starting to think it would be a nice way to ease into the process and learn while still getting some cash flow and capital. 

@Anita Ahuja I am in the same boat as you, brand new to this and from SF looking to buy multis out of state (though I don't have NEARLY 200k saved up - good for you!). I'm also having a tough time trying to decide where to get started. Liking the advice on this thread so far.

@Ethan Anderson (also from the bay area) suggested looking for a partner first and letting that decide where you invest. This makes a lot of sense to me. Finding a motivated individual who you can really trust who knows an area well, who can run the day to day operations as a property manager/partner would make it a whole lot easier being far away from the investment. 

Good luck! Would love to hear how you come to your decision. 

Hey @Dave Friedman are your current deals in the bay area or out of state? 

Will definitely keep in touch! 

Thanks everyone.

@Boris Liubovitch thanks this is exactly what I'm looking for at this point!

Hello

I am new to the forum and just wanted to introduce myself. 

I have spent the past couple months getting more and more excited about rental real estate investing (reading books, listening to podcasts, etc...) and I finally feel ready to take the leap. 

My business plan in brief is to focus on small multi families out of state (looks difficult, if not impossible, to do in the Bay Area). In the next couple months I want to have an investment city or area locked down and continue to practice evaluating deals with the goal of buying my first property within the year. 

My long term goal from this is to be completely financially free within 13 years (when I am eligible to retire from my federal government job).

It would be great to hear from anyone with a similar plan who lives in the Bay Area.

I am looking forward to learning a lot from you all and hopefully I will be able to return the favor in the future!

Brand new to REI and the forum (this is my first post!) But I would be very interested in this as well.