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Hi, my name is Michael and I'm new here. :)A little background.I am what I call an accidental investor. Basically, I bought a condo in San Mateo but I had to move out of the area for work during the housing crash. I c...
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I have lived in the San Francisco bay area for the last 15 or so years, and am anxious to start doing some buy-and-hold investing. However, it seems that price-to-rent ratios are solidly over 30 in my area, and gener...
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What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
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Welcome to our question of the week! Based on last week's responses, we have a lot of lurkers that have not purchased their first property. Buying the first, or even second and third can feel pretty nerve wracking. So...