All Forum Posts by: Brian Armstrong

 Sounds good J...

SoMa is not far from my office at all, so I could certainly meet you near where you're staying or we could meet in the middle somewhere if you decide to stay Monday. If we don't get a chance to meet, enjoy SF over the weekend.

 @J Scott where in SF will you be? If you're actually in the City, I'd love to meet for lunch on Monday. I'll be in the downtown area at work. I'm new in investing and trying to soak up everything I can from the BP and the podcasts.

That said, I'm a structural engineer, mostly on commercial projects, but I'd think $250/SF sounds about right for a ROM budget.

My wife and I did our first (and so far only) flip as an accidental live-in flip. We had to pay taxes on the gains at ordinary income tax rates. It was quite a bill, so I'd second the suggestion of holding about 25% of the gains for taxes.

Thanks @J. Martin , I too hope to hope to see you and lots of other great bay area investors at a local meetup real soon too.

Welcome @Christopher Adams . I'm also somewhat new to BP. I haven't been to any local meetups yet, but I'm trying to get to one soon. I'm based in San Francisco, but I've been looking into the San Rafael/Novato area to do some rehabbing too. I used to live in Southern Novato before moving to SF, so I'm somewhat familiar with the area. Hopefully I see you out at a meetup soon.

Brian Armstrong

@Jessica Sorensen  Hello to a fellow new BP member. I just found the site recently and I'm also considering where to start investing. I live in SF, so it's a bit expensive here, but I am looking at Sacramento as an option. Thanks for the tips on some of the better neighborhoods. I'll look into those for sure.

Thanks @Johnson H. I found your meetup group and signed up. I'm looking forward to the next meeting. 

I'm sure anything is possible, but the thought of wholesaling outside my local area does seem a bit challenging without any wholesaling experience. I'll certainly be getting involved in some local REIA's. Thanks for the thoughts.

I'm new to BP and I'm working on getting started in RE investing. As it seems to for many new investors, wholesaling seems like a reasonably good option for a way to get started in investing and understanding a way for how to find deals. I live in the San Francisco area and based on the forum reading I've done so far, it doesn't seem like there is a huge opportunity for wholesaling locally. Is it realistic to consider wholesaling out of my area when I'm just getting started?

I have a feeling I already missed it, but has the SF convention already happened? I'm brand new to BP and I'd love to come to a convention to meet other SF/California investors. If I did miss it, I'll stay tuned for more conventions coming in the future.

Thanks,

Brian