New investors here from Bay Area (CA). My husband (@Welbon Salaam) and I are located in the East Bay. I work in the tech industry and my husband is in between jobs.

We currently own one rental (purchased in 2010) alongside our primary home. We would love to expand into more rentals. Being from the Bay Area we will be looking to invest in other CA areas or out of state, as the Bay Area is too expensive for us. Business plan is a work in progress :), however our initial strategy will be to concentrate on buy-and-hold multifamily (up to 4 units to start) properties. Looking for the best strategy for initial and subsequent funding, but this will be in another post.

REI makes a lot of sense to us as a long term investment. I think we would want to try a flip at some point as well, we have been doing all the projects in all of our homes so far (except the roof) and it has always been a fun and interesting process.

So far we are reading a lot on BP, listening to the podcast and reading books. BP seems to be an awesome resource so far, and we look forward to learning more about RE investing!

Question about Pro membership – the features look great and we definitely want to sign up for it, but as newer investors we do not want to each sign up for Pro Membership. Wondering what is the best approach – have one Pro and one regular account?

3 Votes

23 Replies

Jump to Last Reply

Most Popular Reply

42,783
Posts: 63,038
Votes

Jay Hinrichs

#1 All Forums Contributor

Lender
Lake Oswego OR Summerlin, NV

Jay Hinrichs

#1 All Forums Contributor

Lender
Lake Oswego OR Summerlin, NV

Replied March 08, 2015 22:27

@Prolet Miteva

Many great investment opportunities close to home for sure... being in Pittsburg your close to much of the Sac valley were deals are basically just about as good as anything your going to buy out of state yet your less than an hour away.

unless your going to post properties for sale I see no benefit for an individual to have a pro membership.. or maybe I don't know all the benfits as I never read about them. those that are pro having something to sell you ... I do the pro as a way to support the site. which I think has a lot of merit for a lot of people. However be aware of subliminal marketing on this site...