All Forum Posts by: Bryan Tasumi

What is the average rent per bedroom in Bay Area (Stanford, San Jose, SF)? I am finding many under $1000/month on craigslist. I thought the prices were higher for rent prices per month in the Bay Area. Am I mistaken?

 Thanks for your response. I have searched and it looks like the average rent for bedroom is less than $1000 in the San Jose and even Stanford areas. Is that correct? I have looked at many below $1000/month on craigslist. I thought 1 bedroom would be much more expensive in the Bay Area but am I mistaken?

Is it possible to cash flow in Bay Area by renting out individual rooms? Is it possible to house hack and positive cash flow by renting out individual rooms? I want to know what percentage of houses in Bay Area can cash flow positive by renting out individual rooms and if this would be feasible even in today's market. 

Bump. Anyone other opinions? Smart or stupid to become an agent to buy my first investment property myself through self-teaching and books?

 So is it a good idea for me to get my Texas real estate license and buy my 1st property myself?

Becoming a real estate agent to buy 1st house hack stupid idea? 

I really want to become a real estate investor and buy multiple properties. However, I am not sure if I want to do real estate as my main job forever. Is it stupid to get an real estate license to buy my own rental properties? I also want to test being a real estate agent (I'm fairly young, 25 y/o). If I get a real estate agent license I don't have to depend on another agent to show me all properties, submit offers fast, etc.

Would it be weird if you are an agent looking at properties? Does this give you an advantage with buying houses or a disadvantage? 

Which one is better? House hacking or Investing + Renting?

I am moving to Houston soon and would like to house hack or invest in real estate and rent. I am not sure which one will come out further ahead and be less risk for a newbie. I am 25 yo with about $150k saved up. Any advice? 

Is Cash flow per door (after all expenses, mortgage, cap ex, etc.--i.e. everything) a good indicator of a good deal? Can you analyze whether a deal is good or bad based solely on cash flow per door? If so, what is the amount of cash flow per door you need? Will looking at cash flow per door always translate into a good cash on cash return, cap rate, IRR, etc?

Any examples of when cash flow per door (after all expenses, etc.) doesn't work? 

What's the fastest way to build wealth in real estate?

I am just getting started in real estate investing. I am currently renting and do not have any properties whatsoever yet. I have a good down payment (150k-200k) but not sure where I should start. I am planning to move to Texas. What is the quickest way to build wealth in real estate? Is it to buy commercial (e.g. apartments, self-storage)? Is it to run hotels? Can real estate bring as much cash flow and wealth as a physician salary? I am around 25 y/o and I want to build wealth + cash flow / passive income as quickly as possible. 

How is real estate cash flow/passive income taxed? Is it better to live in a state with income tax (e.g. California) or a state with high property tax (e.g. Texas) to minimize taxes on the passive income/cash flow generated from rental properties? How can I do this quantitative analysis when choosing which states to invest in? 

What states have the best tax laws for investors to optimize the amount they get to keep with real estate investing? What states have the worst tax laws that investors should try to stay away from? 

I want a way to compare apples to apples properties in different states with regard to the tax differences to see which state would allow me to keep most of the passive income/cash flow. Is there a way to do this? Has anyone done this comparison/analysis before?

Thank you!