I have successfully flipped two of my own homes over the recent past- one in Los Angeles, CA and another in Melrose, Mass.I’ve been in the music business for most of my adult life and it’s been very good to me, sending me to live in great cities such as New York, Boston and Los Angeles.

I spent $200K cash in 9 months because I was "promised" a $1M fee for being the middle-man in trading historical currency, as well as a $15M line of credit to finance my other businesses (I also had a music development company and traded stock options online). 

Eventually, they lost it all when the music stopped.Can't hold onto something that doesn't make money.But an investment property that cash flows doesn't need to appreciate to avoid taking a beating.

Some advice: 1) Do not use listing prices as a comp for Escondido multiplexes (only look at sold prices - do not think it is a deal just because it is listed lower than other listings) 2) Do not forget cap expenses in calculations 3) higher density areas usually result in more work than lower density areas 4) South Escondido is trending in much better direction than North Escondido 5) even in Escondido finding SFRs that have positive cash flow is not easy 6) Tenants in certain areas value having adequate parking 7) Lourdes is not close to as good as it was last year, it is no longer clearly the best Mexican food :=).Good luck

If anyone wants to talk real estate, strategies, goals, music, or traveling, (or ya know, whatever else), definitely reach out!

As long as you are a library card holder with a participating system, you can "borrow" ebooks, audiobooks, music, movies and more.

I listened to information and motivation and podcasts, not the same music over and over.  

I liked the music and it was a way better channel than I would have guessed.

A Mexican facility feels so concerned that they won't take OUR currency.

Her neighbors on both sides play loud music very loudly until late into the evening and they both constantly smoke marijuana and cigarettes, which are both items in direct violation of the lease agreement and the landlord does nothing to stop this behavior.