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Updated almost 8 years ago,
San Fran Area Rentals for Early Retirement
Hi, I'm Paul. I moved to Sunnyvale, California one year ago. I work as a Product Marketing Manager for a tech company. I turn 30 in September and would like to buy my first property around that time.
But let's back up. Haha that started feeling like a description for a dating site.
My main goal is to reach financial independence (aka "retire") in the next 10 years. Original strategy was passive index investing but I now see I can throw some gasoline on the 🔥 by investing in real estate.
The best strategy for this goal seems to be rental incomes. My goal is about $40k per year which is enough for me, my girlfriend (soon wife),our 2 dogs, and eventually, kids to live on forever.
Rent ratios here are terrible so I'll likely invest more than an hour away or even further (out of state). Share your stories if you've done something similar and I'd love to chat!