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Updated over 10 years ago,

User Stats

5
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5
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Peter Presunka
  • Investor
  • Campbell, CA
5
Votes |
5
Posts

New member from the South Bay, California

Peter Presunka
  • Investor
  • Campbell, CA
Posted

I live in Campbell, California and have recently joined BP. Since joining a week ago, I have thoroughly enjoyed listening to a number of the podcasts on my daily commute. I have been investing for 4 years now and have acquired 6 SFR rental properties for passive income (3 in the Bay area, 2 in Las Vegas and 1 in Austin). I was fortunate to get these as REOs, Short Sales and through auction.

I am hoping to expand my understanding of other options and approaches to acquiring real estate.  I literally jumped in at the market opportunity after the crash with opportunities to acquire real estate at prices significantly below the replacement value on relatively new properties.

Going forward, I would like to: 1) participate in other markets that have lagged in the recovery - thinking about Atlanta and Milwaukee markets,  2) expand to multi unit, 3) partnering with other investors and 4) alternate sourcing of properties - from wholesalers/flippers or paying finders fee.

In addition, I want to get a feel for the forums before committing to the Plus/Pro option.

Looking forward to participating.

Regards,

Peter

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