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All Forum Posts by: Kana Watanabe

Kana Watanabe has started 2 posts and replied 13 times.

Post: Local vs. long distance investing?

Kana WatanabePosted
  • Los Angeles, CA
  • Posts 13
  • Votes 8

Thank you, @BrianKantor. We recently finished David Greene's "BRRRR Method" and "Long Distance Real Estate Investing." Both are great resources and we like that system of checks and balances. Now to zero in on a market...

Post: Local vs. long distance investing?

Kana WatanabePosted
  • Los Angeles, CA
  • Posts 13
  • Votes 8

Hello. Newbie here. Also looking at out of state investment. Looking for a market that fits into our humble budget has been overwhelming, if not frustrating. Any search tips in this Covid era? 

*Also, How is Covid impacting long distance (or locally for you) investing?

Hello!

This is our first post. We're very excited to be here. Neither of us (my husband and I) work in real estate but we've always wanted passive income from "buy and hold" rental properties. We're interested multifamily units (i.e. duplex, triplex, etc.), mobile home properties, and traditional single family homes / condos. We live in California and know it's VERY expensive, so we've decided to invest out of state. Every market is different and trying to figure out the best one for our humble budget is becoming frustrating if not overwhelming... (sigh) However, you have to start somewhere so here we are!

We have so many questions:

- Recommendations on investing out of state? *Already read David Greene's books. Looking for additional experience / insight / perspective. (No two paths are the same)

- How is Covid-19 affecting your market? Higher prices, lower supply?

- How is Covid-19 affecting landlords and their ability to pay mortgages? Has anyone seen an increase in rent delinquency? Is there relief for rental property owners?

- Are there special loans for mobile home parks?

Thank you for taking the time to read our post! We look forward to connecting with you.

Kana & Landis