All Forum Posts by: George Zavala

I am confident that a duplex is the way to go! I crossed paths with a buddy of mine who I haven’t seen in a while. I mention my dilemma and he invited me over to take a look at his house. He is just starting out as well. He picked up a duplex in a ok neighborhood, but what he did was rented out both units and hacked his garage. He turned it in to a decent size one bedroom one bath apartment. I’m assuming it’s best to skip a property management co. Since he lives on site? I like the idea of what he is doing, and quickly jumping on a second property within a year or to. I know many of you will say one step at a time, but I can’t help to think ahead lol.

@Jake Ernst Multi family duplexes are very popular out here and it is actually the way I’ll go rather than a condo. @Cody Barna unfortunately air b&b is not an option for me, house hacking is definitely an option considering the Discounted labor I can get from many of my subcontractors, however, I feel that might just be a bit too much for me at the time considering the baby’s arrival. @Joaquin Camarasa, you are absolutely right, out of state is definitely not an option. At least not at the moment. I really appreciate your time and advice, it means so much more when it comes from experience individuals. 

Good afternoon, here is the deal, a few years ago my wife and i discovered biggerpockets.com. Ever since we did a lot of reading and researching on property investing as possible. We both agreed that real estate investing was the path we were gonna take, however, as a last minute option i decided to start a swimming pool remodeling business instead. things have been going amazing business wise ever since. Recently, we found out that we would be having our first little one and are considering buying our first house/condo. we live in San Diego CA and as you may imagine, cost of living here is a bit over priced. So with all this said, my question is, giving the circumstances my wife and i are in, would you go ahead and buy that first property or would you consider renting and maybe invest in a out of state rental property instead?? i must say, rents here average from $1,200 to $2,200, i am blessed enough to have a lease of $800 for a decent apartment. thanks in advance, your time and help will be much appreciated.