All Forum Posts by: Yi Chung Chen

Nope, haven’t bought any yet

Want to thank everyone for all the amazing feedback.  I'm continuing to educate myself listening to podcasts, reading as much as possible, and running numbers to get a good feel on what works in bay area vs. what works OOS.

anyone comes across any great deals/projects, please feel free to reach out.

Thanks for all the amazing advice everyone.  I just took a peek at some multifam in San Jose, looks interesting.

Anyone have experience with multi-fams in this area?

Johnson, yea, torn between continuing in this area or testing OOS...

if you know of any syndications let me know :)

yea, waiting for Sunnyvale to drop some and will probably make the switch at least on one of them.

Joseph thanks for the tip on investing in San Antonio fourplex.  what kind of cash on cash would i see there with 25% down?

Sue, i'm unable to add ADU/JDU as both my properties are townhomes.... So that's another option, wait for a downturn in bay area and switch my townhomes for single family homes. Appreciate the other tips :)

Recently sold 1 property in Santa Clara, CA.  have 2 more in San Jose.  We live in 1 of them + rent out 1/2 to wife's C-corp business.  other one is cash flowing $1.3k/mth, but only because we put $500k downpayment.  So market value is around $1.9M with $850k equity.

have up to ~$1M in cash i can start investing with right now.  was thinking put 1/2 in stock market and 1/2 in more real estate?  Started looking at investing OOS.  have a friend with property management company that manages 400 doors in Maryland, so looking at investing in MD, buying some $150k condos that will cashflow $250/mth/condo, ~6% cap rate.  

Since i already have $400-500k in stock market now, should i put less of the above mentioned $1M in stock market and put more into more real estate?

OOS seems to have better cashflow, but appreciation in bay area still seems possible if you can find good deals.

Any advice would be greatly appreciated.  

Thanks!