All Forum Posts by: Matt K.

 Call them, don't deliver this over a text

Present the idea, the problem you are facing, your plan to overcome said problem...and ask if they have an ideas that could help you work through said problem.

If you want to be taken seriously you better have your stuff locked down and speak confidently about it to the point where you're seen as the expert.

You might want to look into the Williamson act that could have a huge impact on what you're trying to do

Multi Family in the east bay with a mix of short term and long term tenants...or a house hack to reduce your living expense.

Sprinkle in a little Midwest properties and you could likely offset the majority of your housing expense here in the bay area.

i have a few properties in mind that would work happy to run the numbers on em if you are interested.

I wouldn't, the relationship between you and tenant can turn into something where more and more things go wrong in order to reduce the rent.

You're no longer a landlord at this point, you're the tenant employer.

Give me your criteria and location and I'll go door knock/cold call lol

Focus on the specific property and the VALUE of the deal.

Real Estate is too hyper local to make broad assumptions and market wide data is only part of the value equation.

Short term or medium term rental could work depending on location.

renting rooms could also bump in rental price again depending on location.

I looked into something similar and quickly skipped it.

A oversimplified version of what I found was:

Volume, you need a lot of it to even consider it worthwhile.

You have to navigate customs, so likely a cost since most people don't know how.

You have to factor in duties and taxes ...plus anti dumping plays a part in this.

Assuming you got through the above you still have to deal with:

Shipping and logistics. This will be slow and expensive.

Quality, you have to get samples and site inspections....to make sure you're getting what you are supposed to get.

huge headache, tons of risk, tons of hidden costs.

At 100k I'd go out of state... especially with where rates are right now.

I am in bay area but went to KC for my investments, never could get CA numbers to work where I wanted them to.

Happy to share my experience if you want, I spent a lot of effort to make it work years ago and finally decided to take the risk and go somewhere else.