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All Forum Posts by: Seung Oh

Seung Oh has started 2 posts and replied 8 times.

Post: HELP I live in California

Seung OhPosted
  • San Jose, CA
  • Posts 8
  • Votes 13

@Louis D. I noticed that you are in California as well. Where are you looking for investment outside CA? Are you planning to use property management to handle the property after purchasing it? 

Post: HELP I live in California

Seung OhPosted
  • San Jose, CA
  • Posts 8
  • Votes 13

@Angelo Mart I really like the Raleigh Durham triangle area but they have risen a lot as well.  Airbnb model might work but I don't know if it's possible to rent it out for a profit given the pricing there at the moment. 

@Louis D. Yeah I read "Rich Dad, Poor Dad" which led me here! I more or less agree about the economic prediction you mentioned (not that I am an expert). But growing up I have seen my family and other families suffer through the boom and crash cycles of the economy and I am fairly cautious about investing as a result of it. 

Post: HELP I live in California

Seung OhPosted
  • San Jose, CA
  • Posts 8
  • Votes 13

I am looking for few things... 

1. Tax Shelter: high income in the bay area means I am paying a lot of taxes and would love some tax break but buying a million dollar home in the bay area when the rent is cheaper doesn't sound appealing to me. So I am wondering if rental properties might provide some tax shelter or relief for me. 

2. Diversification: I don't feel comfortable putting all my life savings into a million dollar house or all into index fund/ ETF stocks. I would like to go half into stock and the other half into real estate to soften the blow when the market falls. 

3. Passive Investment: Personally, I am not good at investing or business and less I am involved the better! haha I am willing to learn, read, and research a lot but I wouldn't be interested in spending my weekends fixing or flying to see properties, etc.

4. Long term investment: Cash flow would be nice but honestly I make good income and I am not strapped for cash flow. I think low to medium risk long term investment where I would see my investment grow 8-10 percent every year would make me happy. 

Post: REIT vs Investing in SFH Rental Properties

Seung OhPosted
  • San Jose, CA
  • Posts 8
  • Votes 13

Syndication sounds great but it almost sounds too good to be true!  I will check out syndication school. Is there any other books on this topic to learn how to evaluate deals?

Post: REIT vs Investing in SFH Rental Properties

Seung OhPosted
  • San Jose, CA
  • Posts 8
  • Votes 13

how do people get into something like Mutifamily syndication? 

Post: HELP I live in California

Seung OhPosted
  • San Jose, CA
  • Posts 8
  • Votes 13
Originally posted by @Anna McGill:

The bubble will pop, that's what bubbles do. I would recommend investing only in a market that you are 100% sure will appreciate with time. 

Hi Anna, 

How can anyone be sure that a market will appreciate for sure? Any articles or methods to determine this? It seems like all the major metro areas with good jobs are in a bit of a bubble right now. Where are people investing in that's likely to appreciate and not a bubble at the moment? 

Post: HELP I live in California

Seung OhPosted
  • San Jose, CA
  • Posts 8
  • Votes 13

Hi everyone,

I need some advice! I am nurse in California and I worked pretty hard to save a down payment for a house in the bay area.  I am pretty close to saving up for that 200k down payment for a million dollar house in south San Jose.  However, I am realizing that the rent is a lot cheaper than the mortgage and I don't know if I really trust this real estate market/ bubble.  I don't feel comfortable going all in and hoping the real estate market here continues forever! I am hoping to put half of my savings into stock and use the other half into rental properties in other states.  

Any advice on how to get started and where? I like the Durham, NC area but it seems they have already gone up in price quiet a bit.  Any advice or recommendation would be great, thanks! 

Post: REIT vs Investing in SFH Rental Properties

Seung OhPosted
  • San Jose, CA
  • Posts 8
  • Votes 13

Hi everyone, 

I am new here and hoping to learn how to invest in real estate. There's a lot of blogs out there promoting REIT or things like Fundrise but I am a bit skeptical and I am leaning towards investing in single family homes and renting them out in the midwest or the south. Can someone explain to me the benefits of investing in single family homes?

Let's say REIT is giving me return of 10 percent annually... can a rental property beat that? What are the pros and cons? What are the tax benefits of owning a rental property versus investing in REIT.

Basically I want to see if I invest $100,000 in REIT versus rental properties, which option would put me ahead?