All Forum Posts by: Robert Musallam

Hi @Maria D. Welcome to BP! Way to go on getting your license! That's a huge step! Are you going to represent people in transactions or use it purely for your investments?

Either way, best of luck to you on your future investments!

Hey @Bryan C. Welcome to BP! 

This may be really out there but one strategy you and someone in a similar situation to you could consider is buying a fourplex jointly as Tenants in Common. It would be dual house hacking, while you rent out the other two units. 

Just trying to suggest an out of the box strategy for someone in your position. As @Arlen Chou said, big money can be made here and if you have the ability to play here, you should exhaust every option available to you to try and make it work. 

Best of luck in whatever you decide. You're certainly in the right place to start your journey.

Hi @Robin Blevins Welcome to BP! Take @David Hutson great advice and get to your local REIA meetings and start making connections!

Best of luck to you moving forward!

Hey Emery Green welcome to BP! Lots of good information and great folks here to get you going! Where about in the Bay Area did you buy? Sounds like you did really well for yourself!! Anyways, best of luck to you in Baltimore and on your future investments!!

Hey @Anoop Kundra

Welcome to BP! Sounds like you have a lot of experience you could add to the forum!  What type of units do you currently own in the area? Are they all single family or do you have multi units as well?

Even given our hot market, I still believe there are deals to be found in the Fourplex/5+ multi family space. 

Best of luck on your future investments and See you around the forums!

Hi @Kiran R. 

Nice job on the market timing! The conversations I'm having right now with sellers in your situation is to consider taking advantage of the tax exclusion (as @Dave Foster astutely described) and funneling the money into a true investment property, such as a 2-4 unit. I think using your capital gains to expand your real estate portfolio would be the best use of your gains. 

What you'll have to decide is whether or not you're looking to expand into that 2-4 unit realm or if you'd prefer to keep the easier to manage, single family unit. 

Best of luck and feel free to reach out if you have any questions!

Hey @Leland S. Welcome to BP! Dive into the forums, podcasts and webinars and find what type of RE investing works best for you. Attend a local meet up and pick investors' minds on how they do it. Best of luck to you & feel free to reach out if you have any questions!

Thank you very much for the mention @Account Closed I'm not as strong on the East Bay but I'd be happy to refer you to an agent if you're interested.

Either way, best of luck on finding an agent and I hope they find you a deal!

Hey @Stan Chin Welcome to BP! Lot's of great info here for you to get started. Feel free to reach out if you have any questions & best of luck on your exchanges!

@Mimi H. Hey there, feel free to reach out if you have any questions. I'd be happy to walk you through the process here locally.