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Updated almost 9 years ago on . Most recent reply

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34
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8
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Samir Pathak
  • San Francisco, CA
8
Votes |
34
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New member from San Francisco, CA!

Samir Pathak
  • San Francisco, CA
Posted

Hi everyone!  

A good friend has been subscribing to this site for a while and convinced me to join!  I currently live and work in San Francisco, but recently sold my last primary residence in San Jose!  I lived it in for a few years and rented it out for the past couple (incredibly lucky with two fantastic sets of tenants!).

I decidedly to sell my place to take advantage of the Two-Year Ownership and Use Rule and because the market has been doing very well.  I want to take that profit to use it to diversify assets and build a healthy rental foundation.

I have some short, mid, and long-term goals (as naive as they may be for just starting) as follows:

  • Short-term: Buy 1 property per year
  • Mid-term: $2,500/mo in residual income
  • Long-term: Own 1+ multi-tenant properties

I'm very new to real-estate as an investment outside of the two years I rented my home.  I know as I hone in my investment types and locations, these goals will change (and they may be ludicrous now), but you have to start somewhere!

Excited to join this community, learn a ton, and spread the knowledge that I learn as well!

Cheers,
Samir from SF

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  • Investor
  • Honolulu, HI
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  • Investor
  • Honolulu, HI
Replied

https://www.biggerpockets.com/forums/521/topics/30...

Here's who you are looking for.

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