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All Forum Posts by: Steven Trang

Steven Trang has started 2 posts and replied 17 times.

@Nick Clurman Welcome Nick, man how I would like to be in your shoes with your Redwood City house doubling in value! Good luck with your future endeavors!

Post: 1% Rule in California

Steven TrangPosted
  • CA
  • Posts 17
  • Votes 4

@Elizabeth Colegrove Hey Elizabeth, I actually remember listening to your podcast! Great discussion amongst you, Brandon, and Josh lol. Thanks for responding as well. 

So it seems like most are fine with a property hitting the 1% rule in California as long as all the numbers look good. 

Post: 1% Rule in California

Steven TrangPosted
  • CA
  • Posts 17
  • Votes 4

@Radhika Miriyala Thanks for the feedback, I really appreciate it!

Post: 1% Rule in California

Steven TrangPosted
  • CA
  • Posts 17
  • Votes 4

@Trevor Ewen Great insight! Thanks for your suggestion. Yeah, Fresno is definitely further than I would like but it is still closer than out of state investments. I'm on the fence of investing here in California or going a turn-key out-of-state route. 

@Franklin Romine That's great. Which city are your investments in and when did you get started? Yeah I will definitely do more in depth numbers on any potential homes, but was just curious on what others thought regarding the 1% rule in those markets

Post: 1% Rule in California

Steven TrangPosted
  • CA
  • Posts 17
  • Votes 4

Hello all, I have seen some SFH's and MFH's that meet or are close to the 1% rule upon first glance in the Sacramento, Modesto, and Fresno markets. Just curious, would you invest in a SFH or MFH in any of these California markets if it is barely cash flowing?

@Laron John I'm interested in SFH and MFH...the goal is to end up with MFH as most of my holdings. I haven't decided yet on which market, but Sacramento would probably be the area for California and Indianapolis if I were to invest out-of-market.

Welcome Laron! I am in the Bay Area myself but am interested in buy and hold investing. Maybe we can link up in the future. Good luck with your endeavors, see you around!

Post: New Member from the Bay Area

Steven TrangPosted
  • CA
  • Posts 17
  • Votes 4

Welcome Rheonna! Although you are new to Bigger Pockets, you have more experience than a bunch of other newbies like myself. Good luck on your endeavors and see you around here!

Post: Newbie in the Bay Area, CA

Steven TrangPosted
  • CA
  • Posts 17
  • Votes 4

@Chris Music Thanks Chris, If I ever get into about flipping, I will contact you!

@Brie Schmidt Wow CONGRATS!! You are an inspiration to many...