All Forum Posts by: Nam G.

@Katie Drab Thanks for sharing..I saw Tyler's post and am following it..The latest update was that he finally received his first rent check after 4 months of deposit earlier this month..hope his experience with them goes well..I'm asking around about Roofstock too. Thanks again for responding to me, and good luck to you as well

Hi guys,

I am brand new to investing in any asset (not just RE), and looking on guidance on how or where to begin to do this. My goal is to make cash flow. I have never invested in any assets before, so I come with a reasonable level of nervousness, but a bigger dose of optimism! I did a Roth couple of years back, but at returns at 2%, this is not the way to go to rely on it for cash flow. What I do have is enough savings to consider purchasing a rental property, but out of state (I’m in California). My friend recommended Roofstock or Clayton Morris’s Morris Invest.

I’d appreciate if people could guide a newbie like me – where can I start investing given my goals? Should I be looking at some other asset class? I'm pretty good at understanding financials and risk evaluations. At this stage, I'm already a little into analysis paralysis zone, so I'm eager to just get started!

Would love it if someone who also started out as a newbie from a non-RE background could share what was useful for them..For example, is it wise to start with an asset such as an out-of-state rental property? Any experience with Roofstock?

Thanks so much for any advice people have for me!

Cheers, Namita

Hi Katie, How did the experience go? Would be great to know. I am thinking about considering them for my first rental property.