Building on existing land helps eliminate the issue of land scarcity, which is a significant challenge due to California’s high real estate prices.

Over that time we have acquired 4 properties, 6 doors. 

This will save you time and effort, as you won’t have to travel long distances to manage different properties or handle tenant issues.For your first investment, I suggest starting with 2-4 unit properties.

My wife and I purchased our first home, a multi family, to house hack in late 2024. The property is in great condition and we got it at a great price! Downstairs 2br 1bath unit we are living in. Upstairs is 1br 1bath....

I'm having a very hard time with them and on the verge of losing my earnest money on a house purchased to flip.

Used enirely OPM to buy this one, and borrowed money from a family member who is in commercial real estate to do the renovation.

However, even with this delay, there is no indication that rates will be increased further, which provides some stability for investors, homebuyers, and business owners looking ahead.What This Means for the Housing MarketHigher interest rates have undoubtedly slowed the housing market over the past year, but demand for real estate remains strong, particularly in growing metropolitan areas.

Quote from @Manuel Moreno: Hey Bigger Pockets community,My family has been in commercial real estate development for years, and one recurring pain point we’ve constantly dealt with is unexpected site costs. 

The media/influencer community will pick up on an anecdotal property that got into trouble and say it's a sign of turbulent times ahead.

You can find them through investor networks, BiggerPockets forums, local real estate groups, or referrals from other landlords.To ensure the property stays in good condition, set clear expectations with your manager, schedule regular inspections, and consider using smart home tech (cameras, leak detectors, etc.) for extra oversight.