All Forum Posts by: Navid A.

Not sure about sonoma county but in Marin county they have a new lottery system. They are giving out 1200 licenses/yr. You can enter lottery in December of each year. The draw is actually this coming Fri for 2026

The market for STR seems saturated in popular/touristic regions, however, if you have a unique property and offer affordable pricing, you may get descent occupancy.

The STR market was great a few years ago but now too sure now unless you have a great location. Personally I would want to manage the rental myself at least in the beginning to make sure you get good ratings.

Dm me. I am somewhat familiar with KC market. 

As an investment point of view buying a condo would not appreciate like a Single family home. The HOA will only go up and you have no control over it..I would ask yourself would you have bought this condo if you lived in a better area and not a "rough" area? I think the motivation to get out of a rough area would be an emotional decision. Specially moving to a property that is next to water.

Cutting your expenses by 3 would most likely bring down your quality of living.

I understand your budget in the 800s may not go far in Bay Area but have you looked at house hacking? You maybe able to afford a MF in a descent area (not as nice as Alameda but not as rough as where you live now). If your job allows you to move (or even work from home) say move to North Bay, you maybe able to buy a MF or SF that would appreciate more and you won’t be squeezing yourself financially. 

Hi Susannah,

I was in your shoes a couple of years ago. I have done a few deals OOS but now I’m planning to invest here in the Bay Area. Buy and hold in A and B areas out of state as long as you have a good PM and can actually visit the area for inspection and initial purchase makes sense. I would stay away from any flip projects out of state. Message me if you have any questions. Darius if also a great resource!

I don’t think you can go wrong with buying in Vancouver if you can afford the mortgage and have a long road to regiment. Especially if you could find a deal where you could add value. Where about in Vancouver are you looking? Buying for cash flow out of province maybe headache as well.

I have been investing in KC in past couple of years. DM me.

House hacking in California with 100K budget in a more undesirable area maybe your best bet if you decided to invest in California. That way you can self manage (learn the game) and have the appreciation factor. Otherwise, I would buy a rental OOS in an A or B appreciating areas with less headaches (tenants, evictions, repairs).

I live in Ca and bought some rentals in Kansas City in 2021 and 2022, and so far so good. I started with more than 100k though. If I knew what I know now, I’d only buy in good areas due to headaches..Appreciation and not cash flow is your best bet if you have a good W2 income. 

The first thing I’d do, is to get familiar with the sub markets buy looking at sold properties, class A-B-C areas, rents etc.. this could be as simple as downloading Zillow or redfin app. It took me 6 months of research before buying my first OOS rental.

I would house hack hack and invest locally. You could put down very low DP on a MF (duplex or triplex) and your buying power is much more. For example you maybe able to buy up to 700K with 5% down. But you would need to go to cheaper parts of Bay Area. Also depends on your W2 if you could afford the mortgage. I would def look into house hacking. I live in Bay Area as well but invest in KC market. But if you are younger and can afford to move around I would invest locally.