All Forum Posts by: Michael Guydish

I plan to do my first deal in the next year or so and I want to start running numbers on properties now to practice and see whats a good deal and whats not a good deal. I plan to do long term rentals with multi-family and single-family properties. My question is how exactly do I do this? Whats the secret formula to see if a property is worth investing in? Any information will help. Thank you!

I am a beginner and I want to do my first deal next Summer or two. What are some good markets to look in CA. I understand that living near the ocean wont be reasonable for my first deal. I was looking at areas like Sac, Fresno/Clovis, San Bernadino, or Redding. I do plan to house hack but, Im just in a pickle on location. Can anyone provide me with info on how to analyze if a market is a good market to invest in numbers wise? Especially in CA. Where and how to run numbers etc. Thank you!

@Ali Boone Thank you! Ill give it a read.

@Ali Boone Hi Ali, thanks for reaching out. I would actually like to house hack my first multi-family property while I am getting my Career started. So yes, I will definitely want to house hack to start.

I am very new to Real Estate Investing. Right now I am just saving up as much as I can while finishing College. I want to start by purchasing a multi-family property to house hack. HOPING IN CA IF POSSIBLE. My questions are: 1) What markets in California should I look at to find a quality multi-family for a reasonable price? 2) As a beginner, how much should I save up before looking for a multi-family property? 3) Where can I search for multi-family properties online??? Thank you, I hope to hear from you!

Hi, I currently live in Santa Cruz, California. I have about a year left of college until I want to eventually pick a market to start my real estate investing career. I do have some markets in mind such as The Coast of the Carolinas, Oregon, or Texas but I am keeping an open mind to other places too. What markets are you in and why? What markets are great for investing in? California makes it difficult for us beginners.

@Henry Davis Thats awesome Henry! Stay motivated! I would have never thought about investing in Real Estate that young. The college house hack is definitely a great idea. Wishing I was able to do that in my college career. Good luck brother!

@Mike Bargetto Thank you for the kind words and welcome! I am excited and nervous for this journey ahead! I am happy to see there is investors like you in my area to look up too! Thanks again Mike.

@Kalen Mills Definitely something to consider! Thanks for the response.

Which strategy is better? I have heard that you can make a fortune with Short Term Rentals but they are headaches and a lot of work. But I also hear that Long Term Rentals could be headaches too but are more passive. I hear a ton of Pro’s & Con‘s about each strategy. Which one do you prefer and why??