All Forum Posts by: Account Closed
Account Closed has started 40 posts and replied 518 times.
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
@Account Closed
Austin did when I was buying btw 2008 and 2012.
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
And if you continue investing on deals that do not cash flow, you will...run out of money!
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
With strong cash flow, I generate decent returns regardless of what the market does, but in my markets it has gone up. Cash flow = risk management. It provides you staying power.
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
@Account Closed
I can predict cash flow prior to acquiring a property with 95% certainty. Try predicting appreciation at this level!
Also, people buying in the Bay Area in 2007/8, got no appreciation. They got hammered and were forced to hold an expensive property for 7 years before values were back where they bought it at.
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
@Account Closed
Untrue. Return in real estate comes from cash flow and sales proceeds. It's your choice how you get that return. There is a lot of money to be made in markets with low purchase price, especially in markets like Austin, which have increasing rents and strong appreciation.
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
@Account Closed
Price rent ratio is a ratio that helps you predict your ability to generate cash flow in a market...you should look for low price and high rents. San Francisco has the highest prices in the country and very low rents in comparison, hence it's very difficult to find deals that cash flow.
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
http://recenter.tamu.edu/pdf/1794.pdf
Read the link above. Fortunately smoking grass will likely be legalized soon in your neck of the woods :-)
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
@Account Closed
Which metric?
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
Dallas has averaged 5% appreciation per year for the last 20 years. Google it.
These charts demonstrate that you're incorrect about Dallas participated in the bubble.
In addition, all of the other markets i'm invested in have also surpassed 5% per year during the time I've been invested.
Best of luck to you.
Post: Hello from San Francisco! Is the Bay Area right for me?
- Investor
- San Francisco, CA
- Posts 577
- Votes 203
I'm going to stop educating you. If you'd like information on out of state investing, I suggest you ask nicely or do your own research.
Best of luck to you.