All Forum Posts by: Tristan Romero

Hi Everyone my name is Tristan Romero and I am currently living in San Jose CA with my parents paying no rent. My girlfriend and I have saved $30,000 in cash reserves and I could get another $10,000 from borrowing against my 401k. I am currently in the process of becoming a Real Estate Agent and weighing these two options.

Option 1 Move to the general Sacramento Area to house hack a 2-4 multifamily unit house using an FHA loan allowing me to keep a good portion of my saving for reserves or any cosmetic work.  And after one year repeating the same process.

Option 2 Stay living with my parents paying little to no rent and invest out of state while being an agent in the Bay Area collecting bigger commission checks to purchase other properties.  

In whatever option I choose I am hoping to scale quickly and create a a massive real estate portfolio.

Thanks for any advice anyone shares in advance!!!

Hi Everyone I am trying to get a meetup going in San Jose for anyone who would be interested in sharing investing ideas and any realtors to talk about the Bay Area market. I am close to getting my first investment property and also weeks away from being a Realtor myself. I am hoping to have a great time talking real estate and look forward to meeting anyone who shows up! Please connect with me on here if you are interested in going. 

I am currently looking to purchase my first rental property in Roseville CA where many houses have pools. Being that pools can create a big liability is this something I should stay away from as a new investor?