Ready to make some deals in Fresno, CA

[Gary Mendrin]

Hi BP! I'm an aspiring real estate investor in Fresno, CA. I've been learning everything I can on BP, podcasts, and books about real estate investing and I'm ready to make some deals. My background is in the banking industry, now at a credit union. My wife is a highly skilled interior designer. With her background in design and managing contractors, we make a great team for fix and flips and fix and hold investments.

Our long-term investment goals are buy and hold rentals, and I'm interested in learning more about fix and flip, wholetailing, and wholesaling to build capital for future investments. I'd like to start investing here in Fresno or the surrounding towns.

I look forward to contributing to the BP community and making connections!

[Chris Williams]

Hey @Gary Mendrin, welcome to BP and welcome to the Fresno market. This is a great market to be in.

My wife and I wholesale and flip and closed out a little over 40 deals last year while working in our business part time. We’re now pushing to start adding rental units under our belt in 2019 (20 units is our 2019 goal). So it is definitely possible as long as you stick with it! Consistency in everything is the absolute key in this business.

What @Jeff Zimmerman said about the poor quality of a lot of flipped houses is unfortunately very true. And what’s even more unfortunate is a lot of buyers are willing to pay their prices for garbage properties. It actually doesn’t require much effort to have good quality work done on your properties. I also occasionally work as an agent and there are certain flippers who I will not show their houses to my clients due to that.

If you ever want to connect or have any questions, feel free to reach out anytime!