All Forum Posts by: Margaret B.

Yes @Jon Holdman I was referring to the Ultimate Beginner's Guide. Thank you for catching that.

Thanks for the help @Bill Gulley

@Bill Gulley

@Jon Holdman Thank you for your response. I see that I have a lot of work/research to do as I enter into REI!

@Bill Gulley Thank you for your response. I appreciate your insight. I definitely agree that good business practices and management are a must. I just don't want to leave the assets I have worked to attain over the past 30 years unprotected.

As for investing close to home, I have been told that since I live in California, I would get a better rate of return if I invest somewhere outside of California. I don't know if this is true or not. I do think investing out of state is more challenging for an investor since I have no idea which markets to research. I am still struggling with whether I should invest close to home or out of state. Do you have any thoughts?

Hi all,

I am very new to real estate investing - in fact I haven't started yet. I do have my own home and some retirement portfolios so I would like to protect my current assets before jumping into RE with both feet. Can anyone suggest a good asset protection lawyer?

Also, from the UBG, I understand I should have a real estate attorney on my team. Do RE attorneys also do asset protection or is that a separate part of law? Do RE attorneys need to live in the state in which I invest? So if I have investments in several states, would I need a separate attorney for each state?

Thank you for any guidance you can provide!

Welcome @Yesenia C. from another SoCal Newbie! Thank you for the great forum topic! I have read it with great interest being a brand new investor (no properties yet) and researching how best to start - locally or out of state.

@Ellis San Jose Thank you for your open and honest discussion in this thread!

@Aaron Mazzrillo Thank you for your open and honest discussion in this thread!

@Ali Boone Thank you for your discussion here also!

I believe the three of you exemplify the extreme value of BP and this community! I have a LOT to think about and weigh as I embark on my RE investing. I definitely will read "Building Wealth One House at a Time" by John Schaub. Thanks for the suggestion Aaron.

Thank you all again for the thought-provoking discussion!

Thanks @Mehran K. ! I haven't listened to any podcasts yet. I am still getting through the Ultimate Beginners Guide. I do LOVE this site with all the helpful tools and messages from the community! I feel I will have support as I traverse through my new career/investment choice!

Thank you again!

Thanks @Matt P. I appreciate the advice on the podcasts and REI group in SD. I definitely will look at SDCIA. Perhaps we'll bump into each other there.

Thanks again!

Thanks @Tim G. . It's good to hear from another San Diegan. :)

@Ellis San Jose

Thank you for your comments and insight. Gives me some more to think about.

Thanks James! I have started reading the Ultimate Beginner's Guide, but haven't investigated the podcasts yet. I appreciate you reaching out! I will definitely take you up in your offer of help!