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Updated about 8 years ago on . Most recent reply

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Matthew O'Fallon
  • San Diego, CA
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Brand New in San Diego

Matthew O'Fallon
  • San Diego, CA
Posted

Hi everyone,  I'm looking forward to learning with you all. I'm just getting started in Real Estate Investing and can't wait to find how much I don't know about any of this haha. I'm a air force veteran and college student looking to make some money on the side. I would love to meet up with other investors in San Diego and talk about what you guys and girls to and how you make it happen. Lunch is on me of course.

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Dan H.
  • Investor
  • Poway, CA
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Dan H.
  • Investor
  • Poway, CA
Replied

I just posted the following on a different thread but it is relevant to this thread also (save some typing).  

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.). 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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