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All Forum Posts by: Alex Ficco

Alex Ficco has started 76 posts and replied 105 times.

Post: Reno Real Estate Investors - May Meet Up

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78

Hey yall. Reminder for our monthly meetup this WEDNESDAY, 6pm at the Bosma Business Center in downtown Reno. Please click the link to RSVP and for full details. Thanks!

https://www.meetup.com/meetup-...

Post: Are there any REI meet ups in Reno or general Northern Nevada?

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78

Theres a few. I think all of them can be found on meetup.com. The one I run is called "Reno Real Estate Investors" on there. Last Wednesday of every month at the Bosma Business Center downtown. Ginger Marphis runs a good one that is the 3rd Wednesday of every month at the KW office in south reno. Dawn "The Note Queen" runs one I think the 3rd Tuesday of every month. I believe hers is on zoom now but it was in Carson. Hers is really good too and mostly focused on note investing and seller finance strategies. 

Post: Reno Real Estate Investors - April Meet Up - VIRTUAL

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78

Hey Y'all. Please join us this WEDNESDAY 4/28/21 at 6pm for our monthly meetup. 

RSVP Here: https://www.meetup.com/meetup-...

Topic:
DEAL DEEP DIVE
- In detail, we will go through one of our latest projects that just sold in Northwest Reno. This was a single family home that we flipped. Find out exactly how we found the deal, funded the deal, rehabbed the deal, and ended up with a $77k net profit, our biggest winner to date.

Basic meetup schedule:

6:00pm - Attendee Introductions

6:20pm - Topic Discussion

6:50pm - Q and A / Open Discussion

7:30pm - Networking

8:00pm - Finish

Post: Reno Real Estate Investors - March Meet Up

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78

Join us TOMORROW NIGHT for our monthly meet up. Reno / Sparks Nevada.

RSVP here: https://www.meetup.com/meetup-...

*This event will take place IN PERSON. 401 Ryland, Reno.

Every Real Estate investment starts with finding the deal. This meet up is geared towards finding good deals, putting the deal together, and wholesaling.
Text 775 464 0999 with any issues
Topic:What you REALLY should be doing to get deals:-While searching for this month's topic, I went to my Facebook group and YouTube channel to see what type of questions people had been recently asking. Many of the questions, in my opinion, are about things that are minor details in the process of putting off-market deals together for wholesaling, flipping, and rentals. We will go over things to focus on to expedite the search.
Basic meetup schedule:
6:00pm - Attendee Introductions
6:20pm - Topic Discussion
6:50pm - Q and A / Open Discussion
7:30pm - Networking
8:00pm - Finish

Post: Reno Real Estate Investors - March Meet Up

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78

*This event will take place IN PERSON. I will do my best to stream it on zoom as well, but show up to the event. See below for zoom link.

Every Real Estate investment starts with finding the deal. This meet up is geared towards finding good deals, putting the deal together, and wholesaling.

Text 775 464 0999 with any issues

Topic:
What you REALLY should be doing to get deals:
-While searching for this month's topic, I went to my Facebook group and YouTube channel to see what type of questions people had been recently asking. Many of the questions, in my opinion, are about things that are minor details in the process of putting off-market deals together for wholesaling, flipping, and rentals. We will go over things to focus on to expedite the search.

Basic meetup schedule:

6:00pm - Attendee Introductions

6:20pm - Topic Discussion

6:50pm - Q and A / Open Discussion

7:30pm - Networking

8:00pm - Finish

Online Link: https://us02web.zoom.us/j/81445531251

Post: Reno Real Estate Investors - February Meet Up

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78
Originally posted by @Michelle Jezycki:

Thanks Alex. Where do we get the link for the meet up?

 Sorry, forgot to paste it in: 

Link: https://us02web.zoom.us/j/5604...

Post: Reno Real Estate Investors - February Meet Up

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78

Hey Y'all. Please join us for our monthly meetup this WEDNESDAY at 6pm. The event is hosted online and free for everyone to enjoy, but is geared more towards our Reno, Sparks, Northern Nevada locals. 


Topic:
DEAL DEEP DIVE:
We will go deep on one of our latest completed projects in Lemmon Valley, NV. Lots of things went wrong in this deal, but it still ended up a winner for us. From being a manufactured home in the flood zone, to major septic issues, to a lawsuit with the city, tune in to see how we made this one work from front to back and ended up with a $50k net profit.

Basic meetup schedule:

6:00pm - Attendee Introductions

6:20pm - Topic Discussion

6:50pm - Q and A / Open Discussion

7:30pm - Networking

8:00pm - Finish

Post: Real Estate YouTube Channel - Reno, NV

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78

Hey Y'all. I started a YouTube channel to document our projects around Reno and Northern Nevada. We are doing several episodes per project so you guys can see, in detail, each step of the process - marketing, funding, rehab, finished product, real numbers, profits, problems, etc. Just dropped episode 3. Do me a favor and subscribe while you're over there and let me know what you think and what type of content you would get value from on the channel. Thanks! Newest Episode:

https://www.youtube.com/watch?v=7x0mtb-QjDk

Post: Beating All Cash Offers in the Sellers' Market of Reno NV

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78

All great points! Good info for buyers. Coming as clean as you can is key in this market. One caveat to waving the appraisal contingency. This may work if you actually have the cash to cover the difference, but we have found most buyers don't. One we sold in December, we listed it about 15 or 20k too high, we had 8 offers, 1 cash just above list. Some of the financed offers had everything you just explained, which makes them seem really solid when they are 20k over list. Some had the "pay X,000 over appraised value" verbiage in the additional terms, and others were offering to pay the entire difference. After asking for proof of funds, we found waiving the appraisal contingency was just they buyers' way of getting into contract and then beating us up from there. They didn't have the money to cover the difference. We countered the cash offer at 5k over list and accepted that. Tough to accept an offer for 15k less than the financed ones, but these are offers that would likely never close as they are written. Gets real interesting with a cash offer with an escalation clause! We had that on one we sold last month. Best of both worlds for us as the seller, horrible for other buyers. 

Post: Reno Real Estate Investors - January Meetup

Alex Ficco
Pro Member
Posted
  • Flipper/Rehabber
  • Reno, NV
  • Posts 110
  • Votes 78

Join us THIS WEDNESDAY 1/27 for our monthly meetup.

*This event will take place ONLINE. See below for zoom link.

Every Real Estate investment starts with finding the deal. This meet up is geared towards finding good deals, putting the deal together, and wholesaling.

Text 775 464 0999 with any issues

Topic:

2020 WRAP UP. Find out exactly where all of Reno Area Home Buyer's 2020 deals came from and the associated ROI for each marketing channel. One question we get every month is "how are you finding off market deals in this hot market and area?" This meet up will answer that question in detail with the real spend and profit numbers. Come armed with any other questions you may have for a Q and A after the presentation.

Basic meetup schedule:

6:00pm - Attendee Introductions

6:20pm - Topic Discussion

6:50pm - Q and A / Open Discussion

7:30pm - Networking

8:00pm - Finish

Topic: Reno Real Estate Investors - January

Time: Jan 27, 2021 06:00 PM Pacific Time (US and Canada)

Join Zoom Meeting

https://us02web.zoom.us/j/8320...