All Forum Posts by: Becca Hintergardt

Hi Everyone,

I'm looking to connect with other San Francisco and wider SF Bay Area Multifamily Investors.

Feel free to drop your Meet up in this thread or reach out if you'd like to network.

California is a tough place to invest- we have to stick together!

Becca Hintergardt 

Hi Adriana,

I have lived in San Francisco many years and owned a duplex there for 20 years. 

I invest in syndications in Texas but the returns have never been even close to what San Francisco has provided me- despite all the hype. 

San Francisco is a Rip Van Winkle Market. You fall asleep for 10 years and you make a million bucks.

I would suggest you house hack a duplex. Have it be a fixer so you can add value. Condo convert this so you will separate the property into 2 APN's thereby, somewhat, making it exempt from rent control  if done strategically. 

Refinance when rates go down and hold this forever. 

Buy in an area of the city where people are upwardly mobile so they will leave in a couple years as they have high paid tech jobs. 

Purchase only one bedrooms as people grow out of them fairly quickly. They leave, you raise rents and on it goes.

My experience has been, as have other investor friends I know in San Francisco, is that the asset will double in value in 12-15 years. 

Hope this helps. Feel free to DM me if you need more info on strategies.