All Forum Posts by: Nico De Guzman
Nico De Guzman has started 1 posts and replied 4 times.
Post: Newbie question: how to start out if area is too expensive?
- San Francisco, CA
- Posts 4
- Votes 2
@Alexander Gutierrez @Rachel H. thank you for the nuggets of wisdom over there! Appreciate a lot the people in this community!
Post: Newbie question: how to start out if area is too expensive?
- San Francisco, CA
- Posts 4
- Votes 2
@Terri Haley thanks for the advice! Let me go back to the drawing board again on this -- probably need to educate myself better on long distancing. Love the insight on how you managed out of state properties--that was really amazing!
Post: Newbie question: how to start out if area is too expensive?
- San Francisco, CA
- Posts 4
- Votes 2
@Lee Ripma Great thanks for the advice! I might head back to educating myself on this and will listen to the podcast!
Post: Newbie question: how to start out if area is too expensive?
- San Francisco, CA
- Posts 4
- Votes 2
Hi BP!
I want to start out in RE investing but the area that I am in (Bay Area) is expensive. I find the risk to be higher for me as a newbie for getting into a loan to finance an expensive deal. I am thinking about investing out of state although my risk over there is that I will not be available to supervise the property and to not have control/supervision over my investment is a scary situation for me. Any thoughts on which route would you take if you were in my position and possible next steps advice on this?
Thanks
Nico