One Of My Financial Regrets In My Late 20's

[Cole Simpson]

One of my financial regrets was not buying a multifamily investment property in my late 20s. Instead of taking advantage of multifamily investment opportunities to generate more passive income...

Sam Dogen wrote this fascinating article about how to think about real estate investing during a worldwide pandemic. Specifically hitting topics such as Multifamily, AirBnb, student housing, and micro apartments. Definitely worth a read if you are trying to create passive income.

What are your thoughts? Anything you'd do differently if you could do it again?

[Jay Hinrichs]

where to start with my woulda shoulda coulda stories.. Being raised in Cupertino CA and coming of age in 1975 with a REal estate sales license at 18.. I kind of had a grasp.  But if I look back.

1. McCuen condos San jose  these were up and down fourplexs that were broke into 4 condos each building they were selling for 5 to 6 k per condo in 1975 and renting for 250 a month.. could buy them for 500.00 down and 300 a month but negative cash flow  NOPE cant do that..  today they are worth easy 500k each and probably rent at 2500.00 minimum. I knew one investor that bought 80 of them at the time   they be seriously rich now a days.

2. selling any of the 3 homes I bought in 78 to 83 in the bay area  Milpitas new construction 75k.. Palo Alto older home great street 185k.. and I bought a lot in 89 for 500k and built a 3k sq ft home on it all in less than a mil should have kept all of these.

time through the decades with well positioned real estate can change your life..