All Forum Posts by: Matt Banahan

@Dan H. The plan will definitely be for long term and the appreciation you mentioned is a main factor in looking in the local area as my primary location for buy-and-hold rentals. 

Saw that your main expertise is with multiplexes in Escondido and didn't have as near of an ROI on out of state holdings -- could you provide any insight into your experience there? Does it go back to your local team / knowledge in Escondido or other factors?

Appreciate the insight.

@Curtis Chism Appreciate the background on your friend. That situation doesn't sound fun getting rid of 25 units. Do you mind if I ask where he had them?

After reading Brandon's 'Rental Property Investing' book -- definitely have a huge focus on building a great team. It seems that's a main topic of most people on the forums

Would love to hear opinions on purchasing in the more expensive Los Angeles / San Diego areas for first rental property to keep it closer? Or look at lower priced markets out of state?

Hesitant in out of state due to the obvious distance of the property -- but can make better use of funds with possibility of purchasing multiple properties vs only one in local area. Also keeping an eye out to 'house hack' with a duplex while living in one unit. Just beginning my search but realize that's harder to come by in the LA / OC area.

Appreciate all of your insight!

Extremely helpful! New to real estate -- reading Brandon's 'Rental Property Investing' book and having this glossary all in one place is such an amazing resource.