All Forum Posts by: Christopher Hunter

@Nathan Worden Is the $3 parking the only option?  I want to inform the group of all the details.

@Nathan Worden When can we get the room?

@Nathan Worden once again I would half to get a head count. That sounds like the most economical approach right now.  I will let you know.  Thank you.

@Sean Cutt That could be a possibility.  I Would half to get a head count and see if that would be beneficial for the whole group. Congrats on your schooling.

@Steve S. @Sean Cutt @C Meddy @Kelly Adcock @Nathan Worden @Robert Naranjo

Hello everyone we are looking for a new venue to hold our monthly meeting.  Just wanted to keep you guys updated.  We are going to try and center the meeting right around the Block of Orange or within a 10 mile radius.  If anyone has a place in mind please let me know so we can ask for permission to use the facility.

@Audrey H. @Brett Synicky @Adam Pierce @Mark Ho @Charles Choe @Danny Luu @Ethan Edwards @Christopher Suh @Connie Cao @Chad Ballard @Jim Keller @Sachal Pandya @Kyle H. @Omar Ruiz @Tae Kim @Fay Chen @Ron H. @Rich Bravo @Andy Kim @So Heng @Michael Garay @David Faulkner @David Jackson II @Daniel Siapin @Polar Prutaseranee @Steve S. @Gaurav M. @Rick Stevens @Ryan Byrne @Joel De Jesus @Shaun Weekes 

Hello everyone Happy New Year.  Time to get back to work.  We took December off and now it is time to pick up where we left off and get 2016 off to a great start.  We have added some new members to the group and our numbers appear to be growing.  Lets try to have our numbers be reflected in our once a month meetings.  There is nothing more powerful then a group of Real Estate Investors brainstorming to get more deals and provide more opportunities.  Up and coming meeting date and time will be posted soon.  Congrats Mark on your recent fix-n-flip project.

@Allan Balgley PM when you get a chance.  I am a Real Estate Investor here in Southern California looking to invest out of state.

Correct.  I am going to look at it both ways. Private/hard money and then all cash.

I am looking for a value add play.  He provided with with the pro forma numbers, I just found out.  I am looking at $150 per unit.  I was looking at an all cash transaction. 2 units are at $650, 1 unit at $700 and the 4th unit is vacant.  I will have to get in there inspect the units and see about getting the rents up to $750.

Hello Biggepockets,

Here are the particulars: Asking Price $295,000

4 plex, 8 bd/8b, 4,000

electric no gas

rent $3,000

water bill $70

trash $152.92

sewer $52.93

taxes $1537.78 annual

security lights $32

My GRM is at an 8 and running my calculations I should come up with $288,000 valuation. If seller is willing to negotiate to get $288K or below, does this pencil as a good investment?

Thank you ahead of time for your response