Given how low the traffic is for this blog, I might as well turn this into an online notebook. I can use Google Docs, or I can just put it here. Blogger is fairly dead, and especially without any SEO. However, what's nice about a blog is that it can be in the form of a diary.
Things to do:
A lot of YouTube channels refer to Biggepockets.
https://www.biggerpockets.com
The thing about living in a HCOL area is that the houses are very pricey. It is almost impossible to find any properties that are cash flow positive. So for me, it has turned into a waiting game, waiting for the market to dip.
Why do I want to invest in real estate? For the kids really. By the time they grow up, it is going to be super expensive. So I want to invest now, and time advantage of the slow appreciation over time. Before the kids can actually buy for themselves when they reach the age of majority.
Maybe the mistake is not to look for something in a HCOL area, but look in other areas where cashflow is positive. Not as much appreciation in value, but why not?
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