Hacker House in the Bay

[Jason Tu]

Hi folks! Happy to meet you all! 

I'm looking to buy my first rental property ever in the Bay Area! Being a young engineer in SF, I want to start investing in my own property rather than paying the ridiculous rents here. I am looking to buy a house in the West Oakland/Emeryville area and rent out the rooms to other people starting out in the Bay, as well as live there myself. What I am trying to build is a community house where people can share ideas, make new connections, and serve as a comfortable social setting to come home to. I have the down payment taken care of and I have been touring houses in the area. My budget is < $900k. I should be able to handle the mortgage payments and taxes, even if I have full vacancy.

I am pretty new to the real estate investment world, and I would advice and perspectives on what I am trying to build, the area in which I am doing it, the market right now, etc. Alternatively, if you know the area and are open to chat, I would love to meet up for dinner/lunch/gym/etc. Thanks!