San Jose Meetup - Thursday 4/16/15

[Johnson H.]

Hi All,

It's another month and time for another real estate meetup! These meetups have had 15-40 BP and Meetup.com members chatting about investing in the San Jose area and also out of state. Bay Area and out of state investor @Jay Y. initially suggested this meetup and I have been keeping it going ever since. Regular experienced investors such as @J Martin from Oakland and @Minh Le in San Jose have been regularly attending. We welcome anyone who would like to attend!

When: Thursday, April 16th, 2015, 7:00pm

Where: Whispers Cafe and Creperie

(The cafe is in the same complex as City Sports and in the same building as Five Guys on the opposite side of the building.)

1085 E Brokaw Rd
Ste 10
San Jose, CA 95131

Please support the small business by spending some money and tipping for the great service we receive every month!

There have been a few people wanting to receive email updates of the next meetup and I have finally setup a meetup.com website. Join to get updates!

http://www.meetup.com/SF-Bay-Area-Real-Estate-Investing-Club/

Looking forward to meeting new investors and seeing familiar faces.

Regards,

Johnson

[Account Closed]

@Anshu Sanghi,

I'm glad we finally had a chance to talk. I hope Sandeep and I were able to help you untied some of those knots. Feel free to use us as your sounding board anytime you need a second opinion. Our advice is worth what you pay for. They can either be worthless or priceless. :>)

Some people have asked me why I go to these meet-ups. To be honest, I don't really know why other than they're fun, and it's a good way of paying it forward. They asked why I share what I know without holding back. My response is because I can't buy all the properties out there. There's enough fish in the sea for all of us. If you believe the resource is abundant, then it is.

As I have shared with others, I found a mentor in another forum who shared with me everything he knew about trustee sale. I just met him two weeks ago in Temecula for the first time in 5 years. I have a mentee in another state that has been making a killing flipping properties. He and his wife now own 6 rentals. These rentals are bringing in $7,750/month gross. They did all this in less than 2 years and still counting. Both of them are only 30 years old and have no formal college education. They will be wealthy for sure. 

@Sandeep S., first, thank you for offering to buy me dinner and drink. It was all Johnson's fault who fed me beef nachos, and @J. Martin, I hope I inspired you with my simple investment model, and why I invest right here in San Jose. It's because you can have your cake and eat it too. As discussed, I'm still chasing those blinks occasionally but always end up investing at home. I have come to realize that the grass not only it's not greener on the other side, but it may potentially be poisonous to my health and burn a hole in my pocket. With that said, I'm potentially checking out a 12-unit building in the Central Valley next week. Again, I'm chasing that blink. :>)