Trying to figure out what's next

[Tony H.]

Hi BP.

It's been a while since my last post. Things have been busy with new baby!

Anyhow, I purchase a duplex last year (time flies). Everything is going well so far. I am now trying to see what options do I have for my next venture. Here are the list that I thought about:

- Buy a land and build a home for rentals or maybe sell it.

- Get another duplex.

- Flip house

- Invest out of state in duplex or single homes.

I am in the bay area. My current primary home is needing an upgrade (due to additional family member). However, I dont see that we can afford upgrading in Bay Area now. Everything is so overpriced. Even if we sell our current home (roughly $700-750k), we wont be able to afford anything.

Therefore, I thought I should just utilize my equity to invest more and create cash flow.

Hopefully I can get some insights from some of you. I am not comfortable doing any of the options above (except getting another duplex to rent out), since I have never done it! and it seems more complicated than just buying a property and rent out.

Thanks BP!