All Forum Posts by: Account Closed

@Pinaki M.

I think that doing commercial real estate (investing into an apartment complex is a great idea).

It can be very challenging on the first deal (I know it since I struggled when I purchased my first 55 units community a few years ago).  

I would start by reading the :

The Complete Guide to Buying and Selling Apartment Buildings by Steve Burges

Start listening to this podcast - it is the best podcast and it is all about investing in apartments

oldcapitalpodcast.com

Roman,

I've been investing in TX for years and I think cash flow wise it makes much more sense than 

Bay Area/CA. Also, you need to keep in mind that the laws and regulations are typically tenants friendly in CA.

There are many ways to invest out of state and you can find a better product out there. You are right about the property management it is hard to find a good one but it is doable. There are good property management companies...

You can also consider investing passively into someone syndication (apartment complex, storage facility etc).

If you want to learn more about out of state investing feel free to check out this meet up group -

meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

Bruce,

I think you are absolutely right with your assessment of Bay Area market.

At the current price levels, it will be very difficult to find anything that makes sense. Besides the price to rent ratios the laws are typically tenants friendly in CA which makes it even more difficult...

I've been investing in TX for many years and I think it is still very good market to invest (Dallas, San Antonio).

If you want to learn more about out of state investing feel free to check out this meet up group -

meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

Hi Shishir,

Buying 1 apartment is probably not the best investment strategy:)

I would rather look for a single family home in Atlanta, or invest in an apartment complex with somebody (syndications).

If you want to learn more about out of state investments feel free to check this meet up group:

meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

Anish,

Investing 600K to get $100 cash flow doesn't sound to me like a good plan :)

I think you can invest it much more efficient if you just look out of state.

It will give you a much better price to rent ratio, plus in many states, laws are landlord friendly and not tenants friendly as in CA.

If you want to learn more about out of state investments please feel free to check this 

meet up group:

meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

Hi Jane,

The rule of thumb, if you want to make money, is that you rent should be 1% of the purchase price.

Meaning if you are buying 150K property you want to be able to rent it for $1500. 

You can still find properties in TX that will give you that price to rent ratio... It is harder in DFW but you can definitely look in other major metroplexes (San Antonio).

Sounds like you are interested in out of state investments and I'm hosting a meetup in Los Gatos which is dedicated to out of state investments mostly multi family (apartment complexes).

Feel free to check it out:

meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

Anita,

I think the cash flow will be a very difficult product to find in the Bay Area.

Did you think to invest out of state? In my opinion, you can find better product/returns

out of state.

I have a meetup group that actually concentrates on out of state investments mostly apartment complexes.

Feel free to take a look:

meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

Regards,

Boris

We mostly operate in DFW Texas.

Hi Cee,

I'm investing in real estate since 2007. It was a part time (I was hardware engineer for 20 years) for me until recently but now I'm concentrating of real estate full time.

Right now I'm investing mostly in apartment complexes out of state. 

If you like to learn more about it feel free to check up this meet up group:

meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

Jared,

Looks like you want to learn more about MF. 

Feel free to check out this meet up:

meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/