All Forum Posts by: Christian Ritter

Good luck Anthony! It sounds like you're on the right path. Welcome to BP!

Congrats Brie - amazing story!

Thanks for the warm welcome everyone!  @Michael Lee @Ariel Smith @Ryan Landis @Mark Nolan @Leslie Pappas @Stan K. @Larry Fried

Michael - correct. Investing in San Francisco real estate is challenging to say the least. A 1b/1b goes for over million in a C neighborhood. Hence me investing out of state. 

Ariel - Great to meet another San Franciscan here on BP! I would say using a great property management company for out-of-state investors is critical. I use a company called Morris Invest and Oceanpoint Investments for my properties in Indianapolis. Morris Invest is on the acquisition side and Oceanpoint is the PM / General Contractor.  I went to Indy a few weeks ago to meet the whole team and to view the properties. I was very happy with the rehab quality and with the PM team in place.  

I'm happy to answer any other questions about my experiences. 

Thanks again all - 

Christian

Hello everyone -

My name is Christian and I’m from San Francisco. I’ve lived in the Noe Valley neighborhood for 14 years with my wife. We now have two small children (4.5 years and 1 year old).

I've been in the forums and listening to the BP Podcasts and reading countless books for the past year. In June I finally took the plunge and picked up my first SFR in Indianapolis via a turn-key. Over the past 4 months, we have added a total of 8 units to our portfolio (three duplexes and two SFR). So far, I am very happy with my ROI and PM company.

Please DM me if you have any questions or want to network. If you’re in SF and want to meet for coffee or a beer, just hit me up!

Thanks again for all the BP support -

Christian

Hi Brian - Many thanks for posting this great calculator. Very well done!

-Christian

Hi Andrew - 

I spoke with Wells Fargo today regarding a cash-out re-finance for a duplex in Indianapolis. To use the income from any of my other rentals, they need a documented 2 years of tenant rents to include that as income.  I not sure if this is standard industry wide, but my local credit union also has that same seasoning requirement. I hope this helps and good luck!

-Christian