All Forum Posts by: Adine Mateo

I purchased my new build a year ago. I used my VA home loan at a 6.375% ranch style 3 bedroom 2 bath 1316sqft
Purchase Price: $268,552
monthly payment is $1930  I do not pay property taxes. 

I'm selling the home to move back to the west coast. Selling at $278,999

Should I keep the house on the market ( delay my move )  and keep it as my primary residence while I save to buy a multi-family? 

or rent it out and downsize my life to save more.

If I rent it out my property taxes will go up to 6% since it will turn into an investment property. 

I did the rental calculator and the median rental price is $2,075. The highest being $2661. I live 20 minutes from a military base. I think if I market the home to the military it should rent. But I need to make some cash flow for it to make sense to pay the property taxes at the end of the year. 

Open to your thoughts/feedback on this? 

 Thank you Elizabeth I would look into hanford area. Are you investing in SF homes or multi? 

Good Evening,

I'm currently doing my research on multifamily 2-4 Units in California.I would like to get my first property in California because I feel more confortable doing the property management myself and once I get the swing of things I would love to invest out of state. So these are the cities within California that have some pretty good deals. If you know of any more places I should look into please let me know. 

Lancaster/Palmdale 

Bakersfield

Inland Empire

Beaumont

Murrieta.

 any thoughts on my list? Thanks in advance 

I'm stationed at Edwards AFB.

Hi, I’m new to BP trying to figure out what are the top states to invest in. I know every states has there good and bad neighborhoods. What states do you guys invest in? Any advice will be great. Thanks.

@Petru Popovici just saw this post and I see you live in california I do as well. I want to invest in out state as well is way cheaper than california. If you dont mind me asking how did you find this property. I'm new to this whole thing trying to learn as much as I can. Any info would be helpful. Thanks.

@Paul Timmins Thank You so much for all the information I have my home work cut out.

@Derek Smith I'm so happy I found this page. Now I have plenty of free information. Good Luck to you as well.

David- Thank You.

Daniel- Thank You. Most people charge for advice and I so happy I found this site. I know I will meet and connect with some awesome individuals.
Sydney- Thank you for you service Sir. If I have any questions I will let you know. Thanks once again.

Hi, My name is Adine I'm currently active duty Air Force living in California. For a while now I been interested in real estate. Specially in investing in duplexes, triplexes or quads to me there the easiest way to get your feet wet. I found this website a few days ago and I been reading alot of great information that is keeping me extremely motivated to keep going and I will eventually find the right property for me. I'm open to any advice you guys have. - Adine