All Forum Posts by: Derek Martin
Derek Martin has started 2 posts and replied 2 times.
Does anyone know what cities in the Bay Area are the most friendly and lucrative for Airbnb rentals?
Post: Experienced Bay Area Investors - asking for your advice
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To the experienced Bay Area investors out there, I'd like to ask some advice. My grandfather passed away and left many of our family members, including myself, with a lot of cash (I received about $1 mil). I'm looking to get started in real estate investing with this money in the SF Bay Area (where I live). My goal is to retire as early as possible with a very comfortable (~500k/year) passive income stream coming in.
If you were in my situation and just starting out as an investor...knowing what you know now, what would you do with the money? Where cities/areas would you buy from, what type of housing, what strategies would you employ, and why?