All Forum Posts by: Joann Wu

Thanks, Leslie!  Just read up on that as I have never heard of it.  Are you an investor and how has it worked out for you?

Hi, Zach!  Thanks for your reply. I am still in the research stage, but the main goal is obviously to turn a profit without a lot of headache. =) How is the market down in FL?  Are there a lot of distressed properties there?  And do you know contractors and the best areas to do this kind of thing?

Hi, everyone!  My name is JoAnn and I am looking to get into real estate as a "passive" income stream.  I know getting started will take a lot of work and risk, but since my kids are starting to leave the nest, I figure it is time to start earning income again.  I stumbled on this site while i was doing some research.  I am interested in flipping or buying distressed/ foreclosed properties to remodel and rent out.  The only experience I have with this is as an investor.  We live in the California Bay Area where the real estate is crazy, so I know it would be tricky to do anything close by, but one target area for us is to look into real estate near universities where the demand for rent is high and there is a lot of turn over so we do not have to deal with rent control issues.  Any advice is welcome and appreciated!  Thanks!