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All Forum Posts by: Brianna Gardner

Brianna Gardner has started 2 posts and replied 4 times.

I live in LA and have super cheap rent. $400/month. I'm getting married in 2 years and when I move in with my future husband, whether it's a home we buy or an apartment we rent, my cost of living will increase significantly. He lives at home so I can't move in with him, and I live too far from his work.

I'm trying to decide if I should take a leap and buy a mountain/lake property for under $400k first to try and start earning extra money while I can take the risk with my cost of living so low. Is this a good strategy? I'm worried once I buy my own house I wont be able to save aggressively for future investment properties and I wouldn't be able to take the risk since I'll have my own mortgage to worry about.

In 2 years I would have about $60,000 cash to buy, renovate, and furnish a place in the mountains. I've done the AirDNA data analysis and according to their numbers I could make around $2k/month in profit.

@Mike Lambert oh wow, really? How have you heard of this? I need to find more information about them.

Hey Mike! Thanks for all this extremely useful information. Do you know anything  about the company Anah? We looked at their property and it seems like a good deal - $332k for a 2BR penthouse with private pool and ability to lock off, free shuttle to ziggy’s with free beach access too. 

I am looking to buy some property outside Los Angeles (where I currently live) to rent out as an airbnb. I have a theory that the secondary homes will be the first to get offloaded. If there is a "crash", do you think this assumption is correct? The market in the areas I'm looking is still very hot, and the cabins are selling double for what they went for 5-10 years ago. I'm waiting until end of 2021/early 2022 in hopes they will see a drop. Do you think this is a good strategy?