He explained that the majority were in A-class neighborhoods, but the younger tenants are becoming enabled & impossible to deal with.

When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.

If STRs are not permitted but neglect to follow policy and enable the tenant to sublease the townhome, you risk receiving HOA fines. 

I enjoy sharing my success stories, showcasing how lucrative deals and wise investments have enabled me to make a positive difference in my life and the lives of others.

The internet and social media are powerful tools that enable these bad actors to get in front of their victims.

I just recently moved back home to NJ for work and decided to move back in with my parents (not fun but ironically closer to where my job got transferred rather than getting a place) so I am saving a ton more money that will hopefully enable me to make my first deal this year.

I negotiated the initial deal, brought it to a Bigger Pockets investor and then once we closed on it, I did all the project management and coordinated with the contractors as much as possible enabling partner to travel and be as remotely as needed.

I negotiated the initial deal, brought it to a Bigger Pockets investor and then once we closed on it, I did all the project management and coordinated with the contractors as much as possible enabling partner to travel and be as remotely as needed.

Here are some considerations for both options:Investing Out of State:Affordability: Certain out-of-state cities may have more reasonably priced real estate, enabling you to get into the real estate market sooner.Cash Flow: Compared to pricey locations like San Diego, turnkey houses in other cities may offer higher cash flow.Diversification: You may diversify your real estate portfolio by investing in several markets.House Hacking in San Diego:Local Knowledge: Having knowledge of your local market might be beneficial.

If hiring a property manager frees up your time and enables you to concentrate on activities that generate revenue, it can be worth it.For your next house hack, think about working as a group.