Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Alex Gonzalez

Alex Gonzalez has started 2 posts and replied 5 times.

Post: Should I buy a duplex or rent ?

Alex GonzalezPosted
  • Rental Property Investor
  • Southern California
  • Posts 5
  • Votes 5

@Preston Dean I agree. After writing the details out in this post and reading it back, I realized it didn’t make much sense to shell out quite a bit of capital with the hopes of breaking even on the mortgage in the future. Thanks all for your input!

Post: Should I buy a duplex or rent ?

Alex GonzalezPosted
  • Rental Property Investor
  • Southern California
  • Posts 5
  • Votes 5

In a pickle. I’ve been looking to move out for about a year now. My partner and I are considering renting vs buying. We are currently under contract on a duplex (2 separate home on 1 lot) here in CA. One home is currently being rented and the other we would live In. The homes are live

-able but need some updating. 1950/1980 around 800~ sqft per home. Cost to rent in the area is around 2k per month. Mortgage cost is around 2600 after deducting current rent. We would be out of pocket around 70k at closing and this does not include any updates on the homes. Hypothetically, we could refinance in the future and up the rent after some updates and break even on the mortgage if we moved out and rented both units out. Wondering if it would be a good idea to buy now or rent and wait for a better opportunity to come. Any words of advice?

Post: Is college worth it?

Alex GonzalezPosted
  • Rental Property Investor
  • Southern California
  • Posts 5
  • Votes 5

@Edgar Ehrsam

I’m just now finishing school and I’m my opinion, there are pros and cons to both. If you continue with school you will remain motivated to succeed, as school demands that of you. But on the other hand, you might be working towards something that has nothing to do with your true goals and might instead push them back or delay them quite a bit. If you have opportunities to begin investing now, I would say look for a well paying full time job now, and jump right in (that is if you are completely sure that this is what you want to do and will do). Of course college will teach you great things but to add, many times, after college comes grad school and so forth.. which might seem like a never ending journey (rat race journey) that may come in the way of your investing goals.

(Of course, this is my opinion as a new grad)

Post: what help to provide investor in exchange for knowledge?

Alex GonzalezPosted
  • Rental Property Investor
  • Southern California
  • Posts 5
  • Votes 5

Thanks Cameron, I’ll let that simmer in and see what skills I have now that may beneficial for someone!

Post: what help to provide investor in exchange for knowledge?

Alex GonzalezPosted
  • Rental Property Investor
  • Southern California
  • Posts 5
  • Votes 5

Hi, I am a real estate newbie from Socal! I have been learning all I can, in the recents months, about the different sorts of investing. Ultimately, I have realized that I would soon like to invest (long distant) in the near future. Therefore, I was curious to see what help/job I can provide to an investor In exchange for knowledge. Thanks!