All Forum Posts by: Mariah Petzoldt

 I always start with asking the agents for property management recommendations. Then I ask other investors in that market for recommendations. Last, I will do a google search. If you send me a message I will send you a Property Manager questions list for the interviewing process. Best of luck! 

I work with a TON of investors and agents that live in WA state. Lots of investors that house hack or have ADUs etc. I'm happy to help point you in the right direction if you want to message me. 

Hey Jacob, Going to visit all of those markets sounds like a ton of work. I've invested in many markets without visiting them because I found reliable boots on the ground teams. I would suggest to research online as much as you can first to narrow your markets even more. Spend some time on Google Earth and walk some neighborhoods. Have you already spoken to and identified your teams in these places? You can narrow down your agents over the phone and they can give you a ton of info to make certain that they have properties that meet your criteria. There are a few factors to keep in mind with all 4 markets- you will be dealing with a lot of snow and cold weather issues, lots of old properties which are more costly to renovate and tenants don't move in winter. Also I would check the population growth for all the markets and make sure people are still moving to these areas. You don't want to buy rentals in places that people are moving away from. That's my 2 cents. Best of luck on your investing journey! You can check this free event too. It might help. https://www.biggerpockets.com/...

Hey Russell, 

There are many ways that you can go in real estate investing and it really will depend on what you and your wife are comfortable with. Your money will go further in other US markets but you will need to have teams in place there. 

Step 1- figure out your overall GOAL with investing. Are you looking to retire early? Replace an income? Make an extra 200k via rental income per year? Set a Goal with a Due Date like "I'm going to replace my 200k W2 income in 5years with rental income." 

Step 2- Buy Box- what type of property will get you to your goals? Do you want to go after 4 STRs and self manage them and be in the hospitality business to make 200k per year? Or buy 3 16unit apt buildings and outsource management and not deal with tenants to make that 200k? -then you figure out what market has those types of properties that fit your criteria.

Here is a free event that might help https://www.biggerpockets.com/... 

Finally! Something in SCV! Thanks for organizing. I'll be there. 

@Danny Grey

Hey Danny. I hear what you’re saying, but the tax incentives have always been there to film elsewhere. I lived and worked in Atlanta for 3yrs before moving to CA. Other cities film too. The real difference is -the infrastructure isn’t there to sustain the amount of filming, the sheer volume of productions- anywhere else...yet. It doesn’t have much to do with pretty locations as much as studios, unions, man power etc. Unless Viacom, Disney, or Netflix move out I don’t see it making a difference.

I see many references to tech jobs but what I will add is that there are over 2million of us working in the Movie and TV industry. Unless you edit, there are not many remote positions in our industry so you can’t very well take it with you to TX. Trust me, we looked into it. Hollywood shut down for a few months for the first time ever this year. We felt that. But it is open now and it is one of the main attractions of CA. Yes there are other states that film, but none as big and steady and Hollywood. People will always flock here for it. There’s no business like show business!

@Remington Lyman

Thanks!

@Brandon Goldsmith

Thanks!

@Steven Wilson

You can ask the seller for a list of things to be addressed upfront? That is helpful! I’ve never heard of that. Good to know. Thanks!