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Updated over 1 year ago on . Most recent reply

User Stats

8
Posts
5
Votes
Robert Arzola
  • New to Real Estate
  • McDonough, GA
5
Votes |
8
Posts

New to REI and Seeking Some Guidance

Robert Arzola
  • New to Real Estate
  • McDonough, GA
Posted

Hey everyone. My name is Robert Arzola and I'm dipping my toes into REI and have been considering guesting in some of the different GA REIA subgroups along with the New Investor Sub Group. I've been reading various books, including a few from Bigger Pockets, and want to be a BRRRR investor in Macon, Columbus, and other parts of Georgia and Ohio (I'm located in Henry County, GA).

Do you think I should go to general GA REIA meetings and the New Investor subgroup first before going to the other subgroups (rehabber subgroups) or just dive into the other subgroups?. I'm not a member of the GA REIA, but am considering it for when I want to really dive into REI (still learning). I understand trying to find my core 4 and whatnot, but don't fully understand the rehab part and need to understand the best way to estimate the costs of a rehab and even when to start getting the bids for a rehab. I'm assuming it would be in the 7-day due diligence period, but not sure. No, I'm not saying I understand all the other aspects of BRRRR and REI, but the rehab part is something that I feel is incredibly important for analyzing a lead and getting a good deal to lock down some equity.

Lastly, if there are any current investors here who would want to possibly meet up and talk to me about some of these things, look at deals or if you're doing a rehab nearby and would be open to me seeing it I would be more than happy to buy you lunch and/or get you a beer for your time.  I will admit, I don't have that much else to bring to the table as of yet unless you need orchestral/hybrid music written for an ad or something like that. 

If you need any background on me, I'm a film/game/trailer composer and am the music supervisor of a trailer music library.  Any input would be great.  In terms of funding for deals, I don't have any at the moment, but have been saving and am even considering doing hard money loans to really get into the game.  I do understand that knowing what I'm doing would be crucial before even considering hard money, but do want to keep my options open.

If you read all that, thanks!

Most Popular Reply

User Stats

24
Posts
15
Votes
Angela Martinez
  • Turlock, CA
15
Votes |
24
Posts
Angela Martinez
  • Turlock, CA
Replied

Hey there, welcome to the exciting world of real estate investing! I'm based in sunny California, but I've got properties over in Tennessee and Ohio. Plus, I've flipped properties in the Bay Area. If you ever want to shoot the breeze and brainstorm some ideas, feel free to reach out.

  • Angela Martinez
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