All Forum Posts by: Robert Musallam

Hi @Stefan Morosky

Welcome to BP. The short answer is it depends on your goals and lifestyle. 

A mortgage on a $265k property will be very minimal when leveraged out. Could you offset that mortgage by using the bulk of your current property's capital gains to buy a cash flowing investment? It's possible - depending on where you invest.

Lots of unanswered questions though: It sounds like you're done with the job you're currently in but, in general, are you planning on working when you relocate? If not, how will you pay for your everyday living expenses? More specifically, do you know where you'd like to relocate to? Do you know how much money you'll need on a monthly basis when you relocate? 

Personally, when selling a house for a client, I make sure to ask all these questions to get down to the true motivation behind selling. That helps the plan fall into place. 

All things considered, the act of selling and relocating is the easy part. It's determining what you want/need next that will and should take some deeper thought. 

Feel free to reach out if you have any questions and I wish you good luck.

Hi Gayle Eisner id just call them. The last thing you need is for them to take an additional action just to get you to call. Feel free to reach out if you need some further assistance.

Hey All,

It's time for our second meet up in Cupertino, CA! Last meet up we had about 13 people join us to talk real estate. 

There's no formal agenda set for this...So, whether you're looking to buy your first investment property locally or out of state, buying a property to house hack or you simply want to talk about new markets you've been looking into, let's get together to talk real estate investing!

When: Wednesday September 6th

Where: Whole Foods Cupertino - In the courtyard outside the coffee/bar area

20955 Stevens Creek Blvd, Cupertino, CA 95014

RSVP here: https://www.meetup.com/Cupertino-Real-Estate-Meetu...

Hope to see some Bigger Pockets Members there!

Best,
Robert

Jun Yang I'd find an under performing duplex for under a million and slowly up its value. At least 2/1 on each side and if possible one or both sides vacant.

Tom Schaufele Welcome to BP! I'd love to connect and see how I can be of service, especially down in the South Bay. If you're looking for a solid lender to add to your team, I'd recommend Chris Mason solid dude, crazy smart. Hope we can connect.

I agree Vik Ahuja you should contact Chris Mason

Hey All,

I'm setting up a meet up in Cupertino, CA. There's no formal agenda set for this...So, whether you're looking to buy your first investment property locally or out of state, buying a property to house hack or you simply want to talk about new markets you've been looking into, let's get together to talk real estate investing!

When: Wednesday August 2nd

Where: Whole Foods Cupertino - In the courtyard outside the coffee/bar area

20955 Stevens Creek Blvd, Cupertino, CA 95014

RSVP here: https://www.meetup.com/Cupertino-Real-Estate-Meetup/

Hope to see some Bigger Pockets Members there!

Best,
Robert

Thanks @Chris Mason - I appreciate the love!

Hey @Rudy Figueroa I'd love to talk to you about it. I've actually done a seller financed deal in SJ so I'm pretty familiar with it. Let me know if you'd like to connect.

Hi @Lenore C.

The downtown market has definitely become a lot more attractive for people looking to live in a more urban environment. Whatever you bought it for, I'm sure it's appreciated a pretty good amount. 

Feel free to reach out directly, I'd be happy to give you more accurate data on your condo. 

Hi @Francis Kurupacheril

Welcome to BP! You're definitely in the right place to learn and grow your real estate empire! 

Best of luck on your future investments!