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Updated about 8 years ago on . Most recent reply

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George Smith
  • Las Vegas, NV
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New Member from San Diego, Ca - George Smith

George Smith
  • Las Vegas, NV
Posted

Hi,

My name is George Smith and I currently live in Oceanside, ca which is in sunny san diego county. I am new to real estate and would love the opportunity to do real estate and work with others in my area. I have alot of sweat equity to use and time on my hands to be productive for any investor that I would work with. I wanted to form a think tank so we all can learn from eachother, as each person has his/her story that we can learn from. Thank you! and happy holidays everyone! :)

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Dan H.
#2 General Real Estate Investing Contributor
  • Investor
  • Poway, CA
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Dan H.
#2 General Real Estate Investing Contributor
  • Investor
  • Poway, CA
Replied

There is a monthly Meet up at a current REI project put on by some San Diego BP members (@Justin R., @Parker Cox, @Kevin Fox, @Tim G.). It is an exchange of information. Especially if you stay to the end of the meet up there is a lot of chance to talk with the investor and get your questions answered with a smaller group than are present earlier in the Meet up when there may be 30 or 40 people there.

The Meetups have ranged from flips of SFH, to flip of a SFR that will be sold as a SFR but the buyer will be renting it as a duplex (included tricks of the trade to work around the SFR zoning), to a quad that is a buy n hold where each unit can use some rehab, to a purchase of empty lot and building 3 new SFRs. In summary they have ranged a lot of the REI scenarios and I learned something at almost all of them even the building of 3 new units which is above my comfort zone (I learned it is ~$100K to break dirt on a new SFR which places a bottom value on any SFR).

There has been no selling. I have found them to be motivating, a chance to network, and learn something.

I recommend you come to at least one. It will be worth the time just for the chance to network with other San Diego RE investors.

I have not seen the posting for the next one yet. I have one of my search words be "San Diego". It usually (but not always) catches the BP Meet up open house post.

Good luck

  • Dan H.
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