Updated almost 9 years ago on . Most recent reply
New Member from Castro Valley, CA
I work in the biotech industry, have a daughter and a son on the way, own a townhouse at one of the most expensive markets in the country, San Francisco Bay Area.
Specifically, in Castro Valley.
My parents live with me as well as my sister and I have been realizing that working a full time job will not get me enough money for retirement as I take care of my parents and try to safeguard the future of my kids. I have been interested in real estate but have not done anything about it until now, and I'm hoping that the new commitment to this path can gain me financial freedom.
My goal is to own enough rental properties to replace my current income. My plan is to do thorough research first (I have been listening to the BP podcasts, will start to read books suggested by the guests, watch webinars, try to analyze deals everyday). I was thinking of getting my real estate license. I would love to house hack but I can't because I'm taking care of my parents as well as my sister, then there are my kids as well. It's a full house. I'm hoping to be able to post a success story someday. I have all the excuses (no time, no energy, no capital) but finding this community has motivated me to get over it and at least try. Good luck to me. Thank you for reading!
Most Popular Reply
congrats on joining BP! I too started to realize that my job wasn't going to provide enough financial stability for my parents and my growing family. Honestly investing in the Bay Area, like anywhere else, just needs research and you will find a great deal. Be patient, do your homework and have a network of specialists working for you.