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Updated over 6 years ago, 03/19/2018

User Stats

68
Posts
57
Votes
Tim McGarvey
  • Rental Property Investor
  • Napa, CA
57
Votes |
68
Posts

Just closed my first deal! In the Bay Area!

Tim McGarvey
  • Rental Property Investor
  • Napa, CA
Posted

I recently closed on a 4-unit multi-family complex in Oakland, CA. After about 12 months of studying and another 6 months of placing offers (I was out-bid on about 20 places), the stars finally aligned and I was able to complete the deal. I'll be "house-hacking" the property and making various improvements to the unit I'll be occupying as well as the building facades, and backyard. Closing my first deal in the fiercely competitive Bay Area seemed impossible at times, but persistence paid off! Already looking for the next project ;). 

Thanks @Joshua Dorkin and @Brandon Turner for all of the free, brilliant content in this community. It has truly changed my life and put me on the road to financial independence. 

Private message me for details about the deal if you're interested. I'd love to connect and partner with other investors in the area doing the same thing.

User Stats

373
Posts
362
Votes
Sam Josh
  • Sunnyvale , CA
362
Votes |
373
Posts
Sam Josh
  • Sunnyvale , CA
Replied

Congrats! If I may ask, What made you choose an investment in the Bay Area versus other states which seem to be the popular themes on this forum?

User Stats

741
Posts
283
Votes
Chad Hale
Pro Member
  • Property Manager / Investor
  • San Jose, CA
283
Votes |
741
Posts
Chad Hale
Pro Member
  • Property Manager / Investor
  • San Jose, CA
Replied

Congrats!

  • Chad Hale
  • BiggerPockets logo
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    User Stats

    41
    Posts
    25
    Votes
    Chizoh Uzegbu
    • Investor
    • Oakland, CA
    25
    Votes |
    41
    Posts
    Chizoh Uzegbu
    • Investor
    • Oakland, CA
    Replied

    Awesome!!! I feel your joy!!! officially closing on a duplex i plan to convert to a triplex tomorrow!! So exciting!! Also in Oakland!! Also House Hacking!!!

    #cheers