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All Forum Posts by: Ryan Bray

Ryan Bray has started 0 posts and replied 5 times.

Post: ICPA near Fresno California

Ryan BrayPosted
  • Real Estate Broker
  • Fresno
  • Posts 5
  • Votes 2
Quote from @Samuel Medina:

Hello, someone else on BP recommended this CPA here in Fresno, CA to me.  I just had a meeting with them last week and I will be working with them as of now.  He owns rental properties himself, so that's a plus.

Roos & McNabb CPA's PC
https://www.roosmcnabbcpa.com/   

Second Samuel's post! 

Post: Ways to collect rent

Ryan BrayPosted
  • Real Estate Broker
  • Fresno
  • Posts 5
  • Votes 2

I use RentRedi for two of my SFR, allows me to have a more professional look with tenants, sign leases, and collect rent. Direct deposits into my account, pretty hands off option for me. Whatever you choose, make sure it is kept separate from personal finances.

Hope this helps!

Cheers! 

Ryan

Post: Feedback for New Marketing Director at Fix & Flip Private Lender

Ryan BrayPosted
  • Real Estate Broker
  • Fresno
  • Posts 5
  • Votes 2

Hi Ara, 

I won't be able to contribute to the lender side of the post but, for any of my private capital deals so far it has been through word of mouth. I have not felt the urge yet to find a partner in a deal via means other than personal referral. I need to know and trust the person/company or have close colleagues who do prior to bring them on to any deal, especially if they will be an equity partner. If I was to use a platform, it would be one like facebook where I could see more information about the person/company life outside of what they want me to see on website/posts/marketing. (Again to get to know them on a more personal level) 

Hope this helps! 

Cheers! 

Ryan

Post: Multifamily investing (3-4 units) Fresno/Visalia area

Ryan BrayPosted
  • Real Estate Broker
  • Fresno
  • Posts 5
  • Votes 2

Hi Samuel, 

I'm sure Visalia is similar, although I do not conduct business there. Fresno is extremely competitive right now, any 1-4 unit(on market) property priced accurately to the market will be gone within a week. For on market properties you will be competing with multiple investors, all with deeper pockets and lower required margins than you and I combined... :) Best bet will be off market properties, do your homework, have your criteria and financing in order. Then call all the top brokers in your area, build a relationship and let them know what you are looking for and if they have something come up, assure them you will pull the trigger. Another option would be to drive neighborhoods and areas of town you want to invest in, this is not only part of initial research but provide an opportunity to spot a potential deal. Write down the address then find a way to contact the owner, recommendation would be to make friends first prior to attempting to buy their property. Best posture is to be a sponge hungry to learn, people love to talk about themselves! Ask questions and take in as much information as you can, don't be discouraged by the thousands of "no" you will get. There are various other ways to find off market properties as well, I would buy a few of the books on investing in 1-4 units and add them to your "to-do" list. The market will slow down eventually, many industry professionals are looking at 1st or 2nd quarter of 2023, I think it may be sooner at this point but time will tell! This is not a bad season to save up and stockpile capital. Hope this helps!

Cheers brother! 

Ryan

Post: Looking for a CPA and Attorney around the Fresno, CA area

Ryan BrayPosted
  • Real Estate Broker
  • Fresno
  • Posts 5
  • Votes 2

Hi Gisell, 

I'm a real estate broker and investor in Fresno, I use Roos & Mcnabb CPA's for both personal and my real estate business. They are a local family run company, here is a link to their website if you're interested. https://www.roosmcnabbcpa.com/

Hope this helps! 

Cheers! 

Ryan