All Forum Posts by: Dan Baker

I'm a little green, mostly single family live in flips. Ive recently been focusing on buy and hold.  @Account Closed has a great point about the multi's, they are not a great appreciation move, and if your are ever planning on selling, it will most likely be to other investors. I feel like paying more is not always the better move. It all depends on your goals and the ROI you are looking for. Not saying you cant rent from yourself, house hacking is amazing!! But I feel like appreciation isn't something you should be focusing on, its the flowing of cash through your business is what you should be looking to achieve. You mentioned that you were looking into an fha loan, just keep in mind that the mortgage insurance can be a little expensive unless you planning on a value add Refi. There is a great video that talks about why you shouldn't do a 2-4 as your first investment. hope that helps. https://www.youtube.com/watch?v=lf9_SOZdOjs (sorry not on bp)

@tekla 

@Tekla DeMercado

Im also buy and hold, and understand wanting the freedoms, I think most of are shooting for that. but I guess what is was asking was are you going to focus on single family's, small multi's, or are you looking for something a bit bigger? 

Welcome to BP. This I a great place to learn and need other Savvy people. I would be interested in hearing what strategy you finally decided on, and where your looking to focus. Good luck on your ventures, hopefully hear from you soon

Roxanne Quane if you don't mind, I'd like to hear about your friend who invests in the ghetto. I'm trying to learn about section 8 housing and was wondering if it's something I want to get into. Hoping you or your friend might be able to help.

Welcome hope to see you about soon!

Originally posted by @Sergey Tkachev:

Hi @Dan Baker, welcome back soon to Sacramento! :)  In addition to some of the areas mentioned already, be also careful around some of the north Sac areas, like Del Paso Heights, Norwood, etc - there can be some deals there but make sure you know the neighborhoods well if you venture there.

 Thanx I will keep that in mind. I know the schools in those areas are very low end. Figure the  neighborhood would be about the same. I appreciate your input

I haven't needed to go pro yet, but plan on in the future. I have a analyzer serenely not as good as the BP but it works for now. When it get closer to the time to pull the trigger again then I'll probably go pro.

Embert Madison jr Totally agree with you there.

Great job! Keep it up!

Welcome buddy! This is a great place to be.