All Forum Posts by: Jak Dadi

Hello,

I am from Bay Area and a complete newbie to real estate investing....had saved money for downpayment of our primary home but ended up purchasing 5 fourplexes in the last 4 months since the cash flow calculations showed net cash flow of 25% or more (after expenses and mortgage)....our goal is to be financially free in five years...i.e replace both our incomes from cash flow...besides buying rental properties....what other investment strategies should i look into within the real estate arena..... we may be able to make downpayments for 2 more rental properties....before depleting all our savings and ira investments....but as we replenish our savings and make additional purchases, i want to understand what else should be look into...currently all our properties are in east bay and i am seriously looking into diversifying to stockton or sacramento and eventually arizona once i identify property managers thr