Castro Valley, CA · Member since 2018 · 14 posts · 19 votes
Hello everyone,
My name is Steven Smith and I am from Castro Valley, CA. I currently work as a Systems Engineer for my company.
I'm very very new to real estate investing. I just recently found this site a few weeks ago and have really enjoyed the great info BP provides. I've decided to go all in and learn about real estate investing instead of thinking about it. I'm want to learn how to find, analyze, and buy good rental properties outside of CA (It's too expensive here). I'm very happy to have found BiggerPockets!!
Rental Property Investor · Honolulu, HAWAII (HI) · Member since 2011 · 4k+ posts · 2k+ votes
8y
Steven Smith I’m an engineer too and used to work in seattle where the prices are too high. I started with sfhs to get started and that is what I suggest but try to scale up quickly and get out of sfhs as soon as possible.
Investor · Seattle, WA · Member since 2015 · 77 posts · 46 votes
8y
Welcome, Steven! Consider whether you might not be able to swing a house hacking a place that needs some cosmetics, and renting out rooms. Owner occupied rates and lower money down can make things possible. Then ride the appreciation train to give you equity to pull out and invest with cash elsewhere.
Lane, why don't you like single family rentals? Just more scalable in multifamily?