All Forum Posts by: Brian Bryson

Hi Aldo.  Sounds like you dodged a bullet too! Shwew! Thanks for connecting with me and sharing your story! I feel less alone! Nice to know you’re out there, neighbor! 

I’m feeling a bit discouraged lately and have taken a step back. It feels like the right thing at the moment. I’m going to let all the exploring and research I’ve done over the past few months just marinate for a while and see what ideas or opportunities pop up.

I’d still like to find a way to make something happen locally. But as you know, things are very expensive here.

I’m thinking creatively and looking within a 3 hour radius from Sebastopol.

I’ve spent a lot of time on Zillow in North Carolina, Tennessee, Ohio, Illinois, Michigan, and of course Northern CA.

Keep me in the loop with how things are going for you!

All the best to you, Aldo!

Hey Travis. I really appreciate you! ♥️👍 Thank you once again! 

Great feedback!!

Yes, the “marriage” aspect is something to really think about. It’s worth mentioning that I trust her more than anyone else I know.

Yes, we’d definitely want lawyers to help us get it right. I’m good with that.

I think she actually may want & need help on this build. She and her boyfriend work on it for a few hours on weekends. So far they’ve bought a small stack of lumber (what they could afford at the moment) and another small stack of scrap they got for free from a construction sight. I don’t think there is as an architect involved. Their build is moving very, very slowly.

Does this added information change anything for you?

I'm thinking that maybe with my investment she could get an architect, builders, and materials, and get a nice ADU rental up and running relatively quickly. Which would easily bring in, at the very least: $2,000/mo in long term rent, and perhaps quite a bit more in short or midterm.

Thank you, Danielle! I really appreciate that expert advice!  

Excellent advice, Travis!  Very helpful! Thank you!

Thank you, Colby!

Thank you so much, Laurence K! That’s very helpful!

@Henry T. Why wouldn’t you do it? And why do you suspect she won’t want to do it? Couldn’t it be a win / win situation?

I think she could use some money to help get it built sooner and with higher quality. I’m considering asking her if she’s interested in me investing in the build, up to 100k, in return for a % of the rent and a proportional % of accrued equity when she sells someday.

Is this a thing? Am I crazy?  I’m brand spanking new to real estate investing. I have no idea.

I can’t afford anything here in Northern CA. And after 3 months of seriously considering OOS, I’ve become afraid and discouraged, and have taken a step back.

Yesterday, while gazing out the window of my tiny home on wheels in the backyard of my landlady, I stared at the crude beginning stages of the ADU she and her boyfriend are building, and a light bulb lit up above my head.

Thanks @Travis Biziorek! Great idea! If nothing works out here in Northern CA, I’ll be reaching out to you about Detroit! Cheers!

I’d like to spend under 100k CASH on a long term rental property within 2 hours of my home in Sonoma County in NORTHERN CALIFORNIA. 

I’m not having any luck. 

Before I commit to investing OUT OF STATE (Detroit, Johnson City, Tennessee, etc) I’d like to connect with a LOCAL INVESTOR FRIENDLY REALTOR here in Sonoma County, CA.

Any recommendations?