All Forum Posts by: Kalei White

Go put your 600k in to a short term treasure bill and collect your 5% until you have educated yourself enough to know exactly what,where, and why a piece of real estate works for your specific situation.

Yes! Absolutely. I already have that money in t-bills! Hence I don't have this capital until next summer :) I plan to learn from now until then

T-bills are extremely liquid. You can sell them without loss before the expire if you want and still get all(most) of the interest owed for the period of time you held them.

oh, lol, of course they are! I don't know why I thought I had to wait for them to mature.

0 Votes

San Diego, California

Quote from @Robert Comstock:

Yes! Absolutely. I already have that money in t-bills! Hence I don't have this capital until next summer :) I plan to learn from now until then

0 Votes

San Diego, California

My partner is going to buy a condo here soon that has no possibility for househacking, unfortunately. We're not married, so I will be paying him rent.

0 Votes

San Diego, California

Quote from @Carlos Ptriawan:

Quote from @Kalei White:

If you had 600k to start in rental property investing, what kind of home would you go for? I will have that much available to me in one year.

To give some more info, I live in San Diego where you can find a 1,000-square-foot home in a safe, decent neighborhood (although inland and less upscale) in this range. I am just starting to analyze some listings in the county, but I am also open to looking outside southern California.

My goal is to build my real estate portfolio in ten years to the point where I can live off of it. I know that's ambitious, but I think it's do-able, right?

- househacking/ADU in san diego
- invest in local san diego HML, let me know if you need introduction
- buy 2 asset 30% LTV in san diego, flip, rent it out for two three years, then sell

if you want serious money dont move money out of CA except if you're GP lol

what do you mean "unless if you're GP"? :)

0 Votes

San Diego, California

Thanks everyone! I will try to find a few deals and use leverage.Now to determine the WHERE :)

0 Votes

San Diego, California

If you had 600k to start in rental property investing, what kind of home would you go for? I will have that much available to me in one year.

My goal is to build my real estate portfolio in ten years to the point where I can live off of it. I know that's ambitious, but I think it's do-able, right?

5 Votes

San Diego, California

All Forum Posts by: Kalei White

Kalei White has started 1 posts and replied 6 times.

Post: Would you buy your first rental property all cash or use leverage if you have 600k

Post: Would you buy your first rental property all cash or use leverage if you have 600k

Post: Would you buy your first rental property all cash or use leverage if you have 600k

Post: Would you buy your first rental property all cash or use leverage if you have 600k

Post: Would you buy your first rental property all cash or use leverage if you have 600k

Post: Would you buy your first rental property all cash or use leverage if you have 600k