Quote from @Ven Bud: After hearing to lot of bp episodes on negative cash flow, I have a question.I am currently living in my primary residence and planning to purchase an investment property, and obviously it is going to be a negative cashflow (bay area), but I am of the opinion that as long as the rent on the investment property is atleast going to be greater than my current primary residence mortgage it can still considered as positive cash flow investment.The investment property is going to be in a much better location (for office commute, bay area proximity) than my primary residence.

Hey Jacob, do you plan on expanding the portfolio?

On the other hand, self-education through books, podcasts, and free resources is cost-effective but requires discipline and a clear plan.

This strategy balances tax efficiency with proper estate planning.

The 1% rule is best only used as a quick and dirty evaluation used to pick which property you plan on running additonal calculations on.

Ideally, also experienced in Family Planning trusts would be a plus. 

Prioritize properties with rental potential, plan for reserves and tenant strategies, and stay patient as you network and learn.

If youre saying condos are trading at $220 a square foot....Id be planning on a value of $110 per square foot on a co-op.

PS: I have a good realtor from Cleveland area which I plan on using.

Hello everyone,I’m currently in the planning phase for a development project just outside of Santa Fe, NM.