Jay Baker

I’ve been investing in real estate since 2003 and own and operate many rental properties in and around the Bay Area. I’m happy to give advice to anyone looking to get started in the industry. It’s a somewhat risky but rewarding way to make a living. My #1 tip for new investors is to make sure the numbers check out. There are many things that could go wrong with renting but if you’ve got solid numbers you can usually ride them out. The best way to calculate rental yield and cash flow online that I’ve found is https://www.calculaterentalyield.com/. My #2 tip for new investors is to know your location and market. Is it a place that’s easily rentable? Is it in a desirable neighborhood? What’s crime like in the area? How’s the job market? You’ve got to have good answers to all of those questions before jumping in. If you follow those two tips you’ll be in great shape to make some money!