All Forum Posts by: Atish Shah

Thank you Sean. I am heading from LA. Won't be able to make it in time to attend the meetup tonight. I have subscribed to the group on meetup. Hope to attend on of these in near future.

Thank you @Account Closed, will keep pursuing the "impossible"

Very well said @Arlen Chou, I totally agree with you. Good food for thought!!

@Account Closed, sorry I did mean median rent

@Jen L., do keep us posted when pull the trigger

@Nick James that looks like a great deal, of course only after a lot of sweat equity was put in. I would be up for acquiring a property needing extensive rehab. I will send you a pm. Let's continue the conversation there. And, thanks for offering to help me out!!

@J. Martin

Thank you for chiming in. Actually, if you read my post, I never mentioned about good school districts/low crime and cash flow. I understand that's difficult in our market (I won't say impossible) to achieve both. The topic of Hayward/Castro Valley school just came up in conversation. lol

What you and Brian suggested totally makes sense!!

Thank you Brian. That makes complete sense. I will run the numbers as you suggested.

@Diane G. hahah, that is why i said that it is somewhat difficult to achieve in the bay area. Some some investors have been able to achieve that in Oakland, amongst other cities/towns

@Jerome Kaidor , as a rule of thumb, I am looking for the gross rent to be 1% of the purchase price. This is somewhat hard to achieve in the bay area with market deals

Thank you @Jerome Kaidor

@Jorge Jimenez I am looking for strictly non-owner occupied multi unit. Ideally a 4plex with monthly rent around 1% of the purchase price. I haven't been looking actively yet though.