All Forum Posts by: Arron Paulino

 I'll send you a DM on these properties and see what you think.

 I agree to just stop the bleeding and move on. I think right now is trying to find the right price to sell at to attract attention and get them liquidated faster is the MO right now. Any tips on this?

As much as I'd love to rehab the properties to boost the ARV (which was the initial goal), funds are tight right now to do that so as-is is the way for me to go.

Absolutely.

I had to remove four of my out-of-state properties in order to refresh the listings and start anew. I will be lowering the asking price and seeing if that will help in the sale of these properties. Looking to either sell individually or as a package to an investor. These are 2-bedroom, 1-bathroom properties that I had originally planned to keep in my rental portfolio, but my plans changed. My current agent suggested if it made sense financially, to do some rehab work to get the properties rent-ready, but I do not have the liquid funds to do so and sell these as-is. I do have monthly mortgages to be paid and not having rental income to offset my negative cash flow has been a learning experience and really trying to think of what options I have to have better success at this. Some interested buyers did go under contract but things fell through in the deals. We've noticed 3/1's have had more success as that is what investors are looking for and hindering my chances at a sale. Really looking for tips on what to do from investors who have been in this type of situation. Currently just waiting it out and hoping for the best to start the year so I can move on and dive into better opportunities.

I recently acquired my first primary residence and am seeing ways I can best utilize the space for real estate investing. The property is a 3 bedroom, 2 bath (one of the rooms is the master with its bathroom and access to go outside), with a separate garage and an unfinished garage unit. I am wondering if I should just use the garage as your typical garage as it just has my washer and dryer and space for my car, but I usually just park on the driveway/street. Would it make sense to form this into an ADU or leave it as is? I do have a monthly mortgage on my property and have this as a starter home. I live near a local college and this is in the East Bay Area, CA. I think the long-term plan for this home is either to sell it later on or keep it as a rental as this isn't our forever home. Looking forward to hearing from investors who have experience with this opportunity.

 Good to hear from you! I think working on getting liquid capital for these projects is step one for me.

I wanted to learn more about real estate investing in the Bay Area, specifically in the East Bay. I hear there is a potential market in the Pinole area for buy and hold long-term and even Livermore area for flipping.  Does anyone have any experience with these locations? What starting capital would suffice?  Thanks in advance!

 Definitely a learning experience and trying to move on.

 Lesson learned and looking to move forward.

 Tony,

I haven't been there personally but have just been investing from out of state. I was able to build a small team, but have struggled to see profitable gain in my situation.

Cool to hear you actually went over and introduced yourself to boots on the ground in that market. Definitely want to learn more about your experience.

I am interested in hearing more about you do, especially seeing we are both in the TN market and from the bay area!