All Forum Posts by: Christopher Gomez

Who here has used good property management programs that have helped them scale their business and if you don't use them what would you suggest to do to compensate?

When first starting out do you need a firm understanding of basic accounting or is general high school math acceptable to run your business.

Hey Donnie, While you could invest in Condos I would look towards trying to make a duplex or another multi-family property work first. The HOA fees and other restrictions of what you can or cannot do to the property can restrict you on your cash flow and ROI. Just keep grinding and running the numbers and you'll find a deal that works for you.

Has anyone worked with some quality contractors in the Southern California area, ones who remain on schedule and around budget?

When starting out how to you screen for contractors who will be reliable and do most of what they say they'll do?

I am currently reading Bigger Pockets Managing Rental Properties and they talk about tenants who know the system but they don't go in depth how to screen them out. What are some obvious signs or give away a these people do?

What are some books you would recommend people to read who are still starting out in Real Estate? It could be books that aren't directly related such as books about finance, psychology, or goal planning.

What is a crazy story you can share about either a CPA or an Attorneys that was terrible?

I have a few brokers I can be introduced to but I'm curious as to how people maintain their relations and constantly show that they are serious players in this business?

Hey everyone my name is Chris. I have known about bigger pockets for about three years but my whole life changed two years ago when I read the book "Rich Dad Poor Dad". That book changed my life for the better and made me realize that I was a slave to a paycheck. Since then I have become more serious about my financial future and created an account with bigger pockets to follow the podcasts and great advice distributed here. I have bought several Bigger pockets books along with other financially beneficial books and this year I will be doing my first house hack. I am joking when I say there are no deals in SoCal there certainly is, it's just I haven't found one myself. My goal is to start forming a network to help build a real estate portfolio that is large enough that I can show family and friends "This stuff works just look at what I have done" so that they do can educate themselves and then too free themselves from the slavery of a paycheck job.