All Forum Posts by: Salvador Mariscal

 Hey Ace,

Appreciate the feedback, it definitely helps! Being new to the industry i didnt even consider the some of the additional fees. 

Thanks again for the advice!

 Hey Bjorn,

Thanks for the feedback, your perspective on the matter has given me a lot to consider, and will take it into serious consideration moving forward. Thanks again!

 Hey Reed,

I appreciate the feedback. I also agree that the numbers i mention don't reflect the entire picture. In fact after taking a closer look, i realize i would actually be in the negative. Thank you for pointing this out, as it will help me be more accurate and precise in the future.

Hello everyone,

I'm new to real estate and recently purchased my first property in Coachella, CA for 335K with the intention of renting it out long term. After investing an additional 50K on upgrades, the house was appraised at 400K.  We decided to put it in the market, and though we've had several showings we have yet to receive any offers. I'm starting to wonder whether I should stick to my original plan or just sell for a small profit.

As a first time investor, I'm feeling a bit unsure on what the best move is. I would love to hear your thoughts on the matter, especially is you have experience with the Coachella market or have been in a similar situation. Is the rental market strong in this area, or should I look to sell sooner rather than later?

Any advice or guidance would be greatly appreciated. Thank you!