My second property I purchased was a 2-family 5 BR , 2BTH home in East Orange NJ bought for $240,000.

I currently flip homes mainly in LA and Orange Counties.

@Steven Torrez, Comparing your 401k returns with real estate returns may be like comparing apples to oranges. 401k returns are very passive with little input from you.Real estate returns can be alot better or worse depending on your strategy,talent,leverage, and level of involvement.REI can also be as active or passive as you want.As for your question about borrowing from it to get started and avoiding PMI costs, that makes total sense to me.Last year I converted my 401K to a self directed Solo 401K, and it has worked out very well.

1) Case Shiller Chart for SF, LA, and Atlanta2) Population Net Inflow for SF, LA, and Atlanta between 2010 - 20143) Peak and Trough Date and Peak to current declines4) Inventory Chart of four cities in Orange County

I'm based on Orange County CA, small business owner and work in advertising, television, media.  

Bainbridge, Chagrin Falls, Reminderville, Aurora, Auburn, Russel, Middlefield, Mantua and possibly a little into cuyahoga, beachwood, orange, lyndhurst, pepper pike ect.

My husband and I are house hacking in south orange NJ.

What he did was to get his company that had transferred him to Orange Co., CAto contact my Property Manager with backup.  

Hey all wanted to revive this thread a bit as my experience with my current property manager in Bakersfield has thus far been a nightmare (won't answer calls/emails, haven't yet been paid) and so I'm looking to dump them asap but want to make sure I don't make the same mistake twice.Some background - I own a multi-unit in East Bakersfield that nets $2500-3000 a month, so looking for recommendations from people who own similar or smaller type buildings in the area (I think comparing experiences and reviews between my property and a larger 160 unit (for example) is like apples to oranges unfortunately).

Hello I am a newbie from So Cal. I am looking to learn learn learn here. I have been in the mortgage industry over 10 years now. I am not just getting my feet wet in the REO world. I am hoping to create solid relation...