All Forum Posts by: Tom Henry

 @Jack Orthman I also live in Los Angeles. Do you see any investment opportunities out here?

Thanks Nick! I had a feeling there might be some  database on here but I hadn't found it in my quick search.

Best,

Tom

Hi everyone,

There is a lot of information on this site about what to look for when evaluating rental properties. I'm hoping to hear from experienced investors about your daily work flow and what tools you use to stay organized when looking at tons of data and properties all day long. 

If you have any spreadsheet templates that you find useful for any aspect of  the rental property industry please share them here!

Thanks,

Tom

Hey Aaron,

Thanks for the reply. I'd like to invest in those areas because they are areas that I know well. I'd like to stay away from long distance investing for my first investment because I expect things to go wrong and I'd like to be able to visit the property frequently if needed. (I don't really consider LA long distance because have family there that could help out and I visit often)

With regards to house hacking, I don't want to be locked into a place at this point in my life. I work full-time in the bay area but I would like to freedom to move back to LA if this current job doesn't work out. 

All of that being said, I'm not opposed to investing long distance and I'm not 100% opposed to house hacking as long as there's a 1-1.5yr escape plan for me.

Where would you invest if you were me?

Thanks again for the reply!

Hi everyone,

I'm hoping to get into real estate investing using the BRRRR method in California.

I have about $200k of my own money saved that I'd be willing to invest (if the deal is right). I live in San Francisco and I grew up in the Los Angeles South Bay, so I would like to invest in/around those areas if possible. I know those areas are very expensive and highly saturated markets which makes finding a deal very difficult. I'm reaching out here to see if anyone has advice for me as a first time investor. 

I currently rent in San Francisco and I can't imagine living there for longer than two more years so I'm hesitant to purchase a place for myself at this time.

I'm open to all suggestions, but ideally hoping to invest in/around the areas I mentioned above.

Thanks in advance for taking the time to respond to my post.

-Tom H