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All Forum Posts by: Mathew Tomas

Mathew Tomas has started 3 posts and replied 5 times.

Post: What Is Your Net Worth Or Passive Income Goal?

Mathew TomasPosted
  • San Jose, CA
  • Posts 5
  • Votes 1

@Russell Brazil my goal is to have a real estate empire im 21 and I plan to be a multi millionaire by 27

Post: Investment opportunity in Texas?

Mathew TomasPosted
  • San Jose, CA
  • Posts 5
  • Votes 1

@Joseph Cacciapaglia I'm looking into rental properties for SFH and MFH. Since Texas is so big I'm not entirely sure where I should start looking. I was possibly looking into Houston.

Post: Investment opportunity in Texas?

Mathew TomasPosted
  • San Jose, CA
  • Posts 5
  • Votes 1

I’m looking into investing in Texas and I’m from California. What are the best areas to invest and are there any current investors in BP from Texas?

Are states without any property tax better to start investing? What are some cons and pros and if it’s overall better then why don’t everyone just invest in them?

Post: *Newbie* Where to really begin?

Mathew TomasPosted
  • San Jose, CA
  • Posts 5
  • Votes 1

Hi everyone, this isn’t going to be your typical newbie question such as “how do I first start?”. Rather it focuses more on the smaller details that usually do not get asked or answered during podcasts.

1. How do you first figure out the value of property around your area? Is there a calculator that provides that or you just analysis the average of houses listed around you. How do you know if a house is below market value and above market value?

2. Do you guys create your own contract for tenants or do you find one in the internet to use?

3. I’m sure this question gets asked a lot but how do you start investing in a VERY expensive market(I live in San Fransisco). Should I move to a less expensive area? I would love to stay in California but it’s so expensive here.

4. Should I learn the whole process of buying a house to get a better understanding of how financing for a house works and such?

5. What are some guides and tutorials that go into detail with literally the intro to real estate investing? I’m just sort of confused on how the whole process works especially with getting the property financed.

6. Is wholesaling looked down upon? Would it be a good business to get into at California especially since I don’t have any money to begin with.