All Forum Posts by: Medi Sarwary

Im curious how the people who keep it low key feel about sharing their success here on BP, is it completely different? 

I disagree with the general consensus here. If you have firmly decided that in 11 years you want leave the 9-5 and there are no qualms about it then you shouldn't get your MBA. However, the impression I get is that you would like to further your career in the near future and at some point make enough passive income to the point that a 9-5 is not a necessity. 

The fact that you could potentially be accepted to one of the premier business schools in the country very exciting. 

There are also B schools which provide an emphasis on real estate, UCLA and USC come to mind but I know Wisconsin and a number of other schools provide this. I agree with the sentiment that the top schools are what to strive for. Thats where you can make inroads with networking and career development. However, the value of some smaller programs is not to disregarded. In the SF bay area there are two schools that come to mind (USF and Santa Clara) who have a huge footprint in the tech industry. 

Financially 120K+ is to be expected. Additionally, the commission typical for marketing and finance firms can sometimes far exceed the base salary. The few MBA grads that I know who work here in the bay area are paid well over 200k and the majority of that is through commission.  

I definitely have a bias as Im in the biotech industry and would like to pursue an MBA myself. I do get the sentiment that its better to learn the ropes of REI through doing rather that furthering the typical 9-5 career. I would say that BP has a stronger inclination towards entrepreneurship and self made careers. The typical member on BP will have the tendency to go that route, but I don't know if its an easy decision here.

I find myself drawn here whenever I have free time in my day. Its such a hive mind for knowledge 

Hi Phillip, welcome to BP!

You mentioned you will purchase with cash because of your non-resident status, have you committed to that or been in contact with any local credit unions? Some of them are more flexible than the big banks and I know the area has a lot of German immigrants so you are probably not the first to attempt foreign investment.

I tried to do the opposite in Germany and I could tell you it was very difficult to open my sparkasse account. Luckily for you language doesn't seem to be a barrier! 

Hello Michael and Erik, what are your thoughts on investing in the Netherlands at the moment? What kind of regulatory hurdles does a foreign investor come across in Holland?

Podcast 274 with Paul Morris. He's the co-author of the bestselling Wealth Can’t Wait and has extensive experience investing in RC properties within LA. 

Some people make money on rent control property, Paul Morris* comes to mind. I wouldn't touch it without a really experienced PM, someone who has extensive experience in RC properties within LA.

Generally Multifamily is the way to go but starting with a SFH is a great idea for a lot of people. Some markets only have SFH and I know many investors who are VERY successful in those markets (near downtown areas typically). They factor the vacancy just like multi unit investors do, theirs is just higher. With the income those properties provide along with the accelerated appreciation they generate (due to greater market factors on SFH) those investors have no need to dabble in multi's.

I think if you had to choose one, multi's act more like businesses so they better cater to investors but I don't think its fair to write off SFH as investment vehicles :)

Invest that money while you add to your savings. Look into money market funds or CDs. 

Unless you can somehow partner with another to provide more capital and experience you should just focus on learning and saving right now. 

Even for cheaper OOS investments, you want a larger cushion for expenses. Your're starting early so in a few years you'll be full of knowledge and flush with capital :) good luck!

Do you own your primary residence? If not then I would focus on that rather than leveraging for cash flow.