All Forum Posts by: Daniel F. Harb

Hello, @Jody Schnurrenberger!  Happy New Year!

Thank you for your amazing input, beautifully written.  :)

I am going to PM you.

Daniel F. Harb

Excellent, @AJ Singh. Thank you for those precise neighborhoods.

Best of profits to you!

Daniel F. Harb 

Absolutely helps, @Steve Kontos, thank you! Love the nice bullet format. I'm probably going crazy over~analyzing, but with your bullet points... I'll try to keep it simple.

Thanks, Steve, and best of profit to you!  $$$

Daniel F. Harb

That would be sweet if @Alex Craig did one in Orange County, California! I wish I could make this one, but I have a 12 hour shift in the hospital on Thursday, the 11th. I get off at 9PM. Nice to see you, Alex! :)

@Sean McCluskey, if one of these happens in our backyard, we'll be there! Best to you, Sean!

Keep us posted, Alex, about O.C. Cali, and thank you! Hope business is awesome for your team!

Cheers!

Daniel F. Harb

Thank you, @Judy Best. I appreciate the input! Thank you for your thoughts and I would have to agree, I definitely don't want to be in a crime area.

Thank you again, @Jay Hinrichs! That would suck to take a financial hit be it 2K or 20K. No Bueno!

Hey @Caleb Heimsoth! Thank you for the info in the Frayser area. Good advice. Little by little, I'll put all this info together and figure out a State and City to "Pull the Trigger" on my first OOS property. 

I am in no rush. I want to do things right and spend some time doing heavy due diligence .  :)

Best to all of you!

Daniel F. Harb

Well said, @Russell Brazil. $600,000.00!! That answers the question!  $$$

Bravo!

Daniel F. Harb

Thank you, @Matt K. for the excellent information. Love that "Not dollar value , it's the Quality". I will lean on that information! Really appreciate your time.

@Jay Hinrichs! Thank you, I knew you would chime in, and I love the wealth of information that you so freely give. Beautiful analogy with regards to the lowest priced neighborhood in Los Angeles. There are parts of South Central LA, or East LA that I would not even go into. If I "Had" to go there, I would not get out of my car without my S&W 9mm or my other "Equalizer"(Sig Sauer .45). Wow, amazing how you brought clarity to that! 

Thank you, @Andrew Johnson, for your input! You are my neighbor in Encinitas and it is so great to see successful investors in OOS in my own backyard.  :)   I really appreciate the words of wisdom in how to analyze areas and numbers when investing in a different State.

Just a matter of time before I start my RE journey of investing OOS, and STILL amazed at being a part of this incredible community called BiggerPockets!

Best of profits to all of you in 2018!

Daniel F. Harb

Happy Friday, BiggerPocketeers!

In light of the incredible information over the last few days here regarding starting OOS investing, what is a great "PricePoint" for starting out in a different State? It seems to me the lower end (15K~25K~35K) is a no~go for someone like me that is going to start investing OOS in the next 4 weeks. I know it must vary from State to State, but there must be a good starting number for me and others. I do not want to get "Torched" financially for a first time investor, OOS.

I want to do things right starting out of the gate, I don't want to be that one who posts "Here's my experience in getting burned in investing OOS for the first time". I live in Orange County, California.

So, whether in Indiana, Arkansas, Tennessee, tell me your thoughts on a good entry point? $50K? $75K? $100K?

Thank you in advance, everyone, and I would love to hear from all RE investors alike.  :)

Daniel F. Harb, ARRT,RT(R)

Ha! Rightly said. It's frustrating that the videos were not left up. "Let it be known"!

Let the Buyer Beware.

Best to you,  Steve!

~Daniel 

Nail on the head, Steve Babiak. Well done.

~Daniel F. Harb