All Forum Posts by: Sheeva R.

Hi all! 

My husband and I are just getting acquainted with this awesome board and were hoping to get some advice. We moved to the Bay Area a few years ago and live in a new three bedroom townhome we rent for 3900/month in mountain view. We have been saving up for a downpayment and have about 120k so far. We would like a single family home w a little more space and a yard for our family. I am wondering from a financial perspective does it make sense to try to buy a place in the area or should we try to find a good rental that is cash flow positive with the money we have saved and continue to rent for the time being? Also the question I have is now a good time to buy in Bay Area or should we wait until prices soften? Any help or insight would be appreciated!

These are amazing flips!! What types of analyses do people do prior to purchasing with regards to the area? What is the best way to figure out which areas have the greatest potential within ones geographic vicinity. Also, what is the best way to figure out how much to invest in the property and how much to "fix it up" such that it is actually worth it for the investor?