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All Forum Posts by: Michael Bangsal

Michael Bangsal has started 14 posts and replied 48 times.

Post: Newbie from Santa Clara, CA

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

Welcome @David Greene

I'm a small business owner, not too far from you - located in Milpitas.

This is a great place to expand your knowledge on real estate investing and help you figure out what strategy works best for you. Recently I attended a seminar in Brentwood, hosted by David Greene, one of the Bigger Pockets Podcast host. 

Let me know when you have free time and we can set a time to discuss real estate. 

Post: Choosing an Investment Property That's Best For You

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

Very informative seminar!

@David Greene you mentioned you will be holding these once a month -  do you have a date for the next seminar?

Post: Choosing an Investment Property That's Best For You

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

See you there @David Greene

Post: [Calc Review] Help me analyze this deal - Indianapolis

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

@Jay Hinrichs Notable points you've made.

Are you still investing in Indianapolis, and use the criteria you've suggested? 

Post: Reccomendations needed from Austin locals to buy & invest

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

I've been thinking and looking into moving out of CA for the obvious reason of high cost of living. When it comes to investing, the barrier of entry is also very high. 

So I'm thinking AUSTIN, TEXAS. Ive been reading into this city and the pros outweigh the cons for me.

I've decided to go there myself this August and experience it myself.

Anyone from the area have suggestions on parts of town I should look to purchase a home and also areas of great cash flow for rentals.

*The size of home you can get in Austin for the money compared to CA is just ridiculous.

Post: Bay Area Commercial & Multifam (BACOMM)

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

Hi Tom Wilson,

Would this meetup benefit an aspiring investor like me? 

Post: 35K Profit on my first flip! Before and After pics!

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

Excellent story!

Post: Is cash flow subject to tax?

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

@Levi T. Thank you.

Post: Is cash flow subject to tax?

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

@Christian Bors lol Thanks.

Do you have any reference where I can read more about this area?

Post: Is cash flow subject to tax?

Michael BangsalPosted
  • Self Employed - Cell phone repair
  • Milpitas, CA
  • Posts 52
  • Votes 17

Hi Bigger pockets community,

Quick question. 

Do you have to report your cash flow on rental properties?

Is this income taxed?

Appreciate your input in advance!