Updated over 12 years ago on . Most recent reply
Newbie from San Francisco
Hey everyone, just starting out here. Total newbie to real estate investing (besides a couple of months of reading and listening whatever I can get my hands on). I have a short term goal of getting my first property within the next year. I'm naturally a bit apprehensive about taking the leap as I feel like I know next to nothing about getting a good deal. Anyway, I'm here to learn and make some connections!
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@Roman Rosario good article on SF. As an SF residential LL it will be interesting to see if rents drop in the next 2-3 years as a result of new construction. I have my doubts because I think a lot of the upcoming projects will shift towards condos. These big guys usually like getting their money put. But, there are several large projects that are rental only- the monstrosity at mid market and a few micro unit bldgs (270-450 sq ft units at insane rents IMO) come to mind.
Do you have any more info on this? Cheers.