More rent control BS

61

I am yet to go up and meet the man and learn from him! Maybe this summer.

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When you retire?

63

No apartment buildings for me. I like SFHs (or condos).

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Why? RE experts say apartments & cashflow :slight_smile:

65

After I got desire cashflow from those, I can consider slowing down.

Love to hear your reasoning. I felt like easier to scale and even syndicate OPM.

66

Ultimately it is what you like, not what you need.

67

Apartment buildings are way harder to liquidate.

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68

Where for apartments? Bay Area? California or out of state?

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I was able to generate a lot of cash flow from low end properties I purchased on Contra Costa county. However after many years I realized that this is not where I want to be, and Iā€™d rather sacrifice the cash flow and buy into the neighborhoods that I truly desire.

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70

I donā€™t think apartments are hard to sell. It is all about the financials. No emotions . Plenty of 1031 money floating around looking for deals. I get emails from realtors looking for apartments to buy.
I just feel if you have hot 1031 money you better be prepared to overpay. So I ask more in times like this.

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71

I havenā€™t made up my mind yet. I have been studying up different MSA and doing analysis.
Both California & fly-over state. For Apartment building, I am looking for good cashflow and less headache (good boot on the ground). I am still investing for appreciation, growing the nest egg, so not ready to switch the model yet, but might consider later this year or next.

For what reason? Appreciation?

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72

He misses eating good Chinese foods. CC has junk Chinese restaurants. Recalled the dim sum donā€™t taste good right?

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73

Yeah Iā€™m kind of tired of my base here in Contra Costa. Iā€™m thinking about moving back to San Francisco or the South Bay.

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74

Liquidate your stock and buy a mansion in PA.

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I would do that if you are willing to liquidate yours and dump everything into bitcoin.

76

Hmmā€¦

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If you sell CC and buy rentals in SF and South Bay, will you still be able to laugh to the bank every month?

Iā€™m wondering whether that WSJ landlord is crying to the bank every month.

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Which WSJ landlord? Iā€™m a WSJ landlord and I laugh to the bank every month.

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if you were to use cryptocoin, you could be your own bank, and save time to the bank, and laugh twice as hard!

obviously kidding. me and @BAJacket are just playing with our allowance from our parents.

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Also time to move out of your parentsā€™ basementā€¦

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