New member from North California

[Ken Teng]

Hi, I am a new member in the bay area, and I am interested in real estate investment. Though a full time engineer job in the bay area pays not bad, the pressure (work-related pressure, living cost and sky-high taxes) and huge uncertainty of the hi-tech industry continuously urge me to search for alternative incomes.

Yet, it is prohibitively expensive to invest near the Silicon Valley. At least in its current state, positive cash-flow is not possible, assuming a 60-80% loan on the property. So I am looking at areas with a better ROI, e.g., Midwest. Because of my full time job, I am more inclined to buy some turnkey properties or properties almost ready for rent. As I have not done any remote investment, any advice or deal leads are appreciated. Thanks!

[Will Flores]

Welcome to BP !