All Forum Posts by: Nader Soudah

I passed the 4 mortgage ceiling a few years ago using First Bank; San Mateo office. I pass along my lenders info as she's very helpful. Message me anytime. 

Matt, several CPAs I've spoken with have suggested at least starting with an umbrella policy to minimize risk.  In fact, more have leaned towards umbrella policies instead of LLCs to lower tax liabilities but I'm not 100% sure which is the right path.  It would be great to hear from others on this topic. 

Hi Steven, 

A friend and mutual investor referred me to this forum so I'm new.  I am actually in San Mateo as well and you're right, it's crazy CA.  

I agree on the 4-plex but have found the point of entry a bit steep and they tend to be old.  I've invested in a few new construction single family homes out in the valley (top school districts in CA) and have seen decent returns and a strong rental demand over the last several years.  If I look at what the 4 houses cost me and their average 8-10% return out of the gate, the entry point was a lot easier (less cash).  The math on a 4-plex usually looks better but I have not found one in a great school district (drives higher rent) and/or their entry price point is too high.

Also, my own opinion of course, the equity value (certain neighborhoods & lot sizes) climbs faster in a SFR than a multi-unit... but I am no professional.