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Updated about 17 years ago,
Hi from San Diego
My name is Ihor and I live in San Diego. I’ve been in US for 5 years. Sins I came here I’m very interesting in real estate investing. There are many reasons why. First of all it ability to become more financially independent, to have some other source of income and not to worry about job loss, lay offs and so on. In ideal case become my own boss and not to be employee. I’m working as a statistical programmer it is not that bad as some other jobs. But beck in my country I use to have my own business for a while and now it is so hard for me to be an employee. It is almost 5 years and I still cannot use to it. It is not because you work less or make more, in my case I worked more and make less :oops: than I do now. It is about how you fill, the possibility to go up in your business if you work smart and hard. I my current position I have very little room for me to go any higher no matter how hard I will work.
I would like to learn as match as I could about real estate investing, especially in multi family. Which areas I should look? Haw to find good deals? How to estimate them? Best way to manage properties and finding good management companies? Unfortunately it is impossible to invest in San Diego. You have to put 30–40% down to break even. It does not make any sense to me. I can find better use for this money, instead freeze then in declining real estate market.
Would like to hear from you some good ideas!
Best regards,