All Forum Posts by: Kyle Kelley

I was 26 - it's the place I still live in and since we got in at such a great time, I have been able to access the positive equity in it and am now closer than ever to finally realizing my goal of owning my first investment property within the next couple of weeks! 

You are the same age as I was so I'd say you are doing great! But if I could have I would have been investing in smaller (also cheaper - in the sense that they cost under 75K, not cheaper as in run down or beat up) property, primarily duplexes or SFH, because it allows you to gain valuable experience and learning lessons while not necessarily having too much on the line, or "skin in the game" if you will - However, when you move across the country to live in Los Angeles, extra money is kind of hard find the first couple of years - but I made it through and here I am!

Thanks @Yliana Guzman ! Best of luck on your new journey as well! 

Very nice! Yep, Cedar Point - America's Rockin Roller Coast!

@Terry Hershberger  Excellent! What part of Ohio? Im originally from Sandusky

Got it! Thanks @James Syed 

@James,  would it be possible for me to join a "local" real estate investor association even though I am not local to the area? Meaning I am living in Los Angeles area but have no plans to invest here, so would need to join the Cleveland/Columbus area associations.

Also, how do you mention someone in a post?

Thank you Paul! I absolutely will take a look at that and once my first property is closed I hope it will pay dividends. I realize I will need to lean heavily on property management for the first few years and lets hope I can find a good one 

Does having access to the MLS really make a large difference in the ability to find properties / good investment opportunities? And if so, what is the best way to gain access to it and effectively use the resource if I am not a RE agent?

Hi Jerry, 

Do you Cash-Out refinance, NOO, free and clear properties under 50K? Also, do you provide conventional or ARM loans for properties valued at less than 50K?

Thanks!

Hi Bigger Pockets people! 

My name is Kyle Kelley and I am a brand new investor in the sense that I am hopefully closing on my first investment property in a few weeks! However, I have been following along with the articles on the site as well as educating myself on all things Real Estate/Investing ever since I graduated. I never had the means to actually get involved in real estate, but knew that the moment I would, I wanted to be ready to go and not scared to jump right in. Which is basically how I scored (hopefully!) my first investment property! 

Being in the greater Los Angeles area, my investing will be taking place out of state and therefore I will be a long distance landlord for the first few years. I understand this is not the most idea route to take in entering the real estate world, but my initial strategy is to focus on turnkey/recent rehabbed and tenanted properties located in regions within my price range. Specifically looking in the Cleveland/Columbus Ohio area as that is where I am originally from and relatively familiar with the area.

Hopefully this forum will be even more of a resource than the awesome articles are and I will be able to gain some valuable insight and learn lessons from my colleagues here that have been through it all. 

Cheers! 

Kyle