A really nice home with some extra touches (a little granite, better flooring, nicer paint job, nicer cabinets, etc.) compared to the area will make potential tenants fall in love with the place.  2) Tenants that bring or can swing their own appliances are more financially stable (or just stable in general, ha!)

There are many variables that increase real estate returns and they are rarely addressed when comparing it to the stock market.

Days on market is about 2 months, slightly better than earlier this year but relatively speaking, it's still a more balanced market compared to rest of the Bay Area.

I also agree with @John Underwood that purchasing this with the intention/purpose of having a write off isn't a sound reason to purchase.Happy to have a call to dive a little deeper.

I am comparing both of them right now and while people seem to prefer Propstream, I am surprised to see how many comps do not come up in the search, while Batchleads and even Zillow give me more results (using the exact same filters).

However as you correctly point out this is far more risky and or its risk capital compared to buying a income property.. but the reward can be strati-spherically higher .. not just a little bit but it can be life changing profits on some of these deals.

If you are comparing the two, you may get more appreciation, but more issues in Long Beach versus something steadier in Riverside.

The second habit that has helped me track my finances is that I’ve created a personal spreadsheet that I fill out at least once a month that tracks certain financial metrics I’m interested in comparing.

Compare comps of recently sold homes in the last 6 months ( In this case, where do you find sale information?

The purpose of this post is to alert people about this $35K scam (since BP has such a high Google ranking, and hopefully this post might come up in some's search result when they are doing research on this so called "Elite Legacy Education"), and here are the details:I read the Rich Dad Poor Dad book back in high school, and I'm fascinated by his emphasis on financial education (although later on I realize man of his other books are repetitive and erroneous).