Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Christopher Wissing

Christopher Wissing has started 2 posts and replied 7 times.

Post: Tips on buying from a wholesaler

Christopher Wissing
Pro Member
Posted
  • Investor
  • Mckinleyville, Ca.
  • Posts 7
  • Votes 11

I have a property I am looking at in N. California. It is being offered by a wholesaler. I have never purchased through one so I am looking for any ideas, suggestions, tips, etc. Can you negotiate with them? The house is needing some repairs, but have not physically looked yet. I will be next week. He is wanting to give preference to cash buyer and I can do that but just want to know how this type of deal goes, etc. 

Thank you!

Post: New to group

Christopher Wissing
Pro Member
Posted
  • Investor
  • Mckinleyville, Ca.
  • Posts 7
  • Votes 11
Quote from @Travis Biziorek:

I'd say, if you can still make it work there, keep doing it until it doesn't. There's nothing like being able to invest in your own backyard! 

I get that. I am still looking. What I am finding is many places are still stuck on pricing from 2 years ago. The numbers just dont line up yet. I know it will take more depth and pushing. Just trying to keep ahead of things. The returns are not that good on the ones im looking at. I can make better returns in the market than what I am seeing at the moment. 
Last couple places were complete gut rehabs and I was able to get them right and get them to work out. Now its a decision to either keep in the market and let it do its thing or go into more REI and hold on for more appreciation. My goal it to start looking at ending my W2 in a few more years. 

Post: New to group

Christopher Wissing
Pro Member
Posted
  • Investor
  • Mckinleyville, Ca.
  • Posts 7
  • Votes 11
Quote from @Jimmy Lieu:

Hi Christopher, welcome to the BiggerPockets community! If you're considering investing out of state, my advice is to look for markets with growing economies. You can tell by looking at the growing population and job market. Columbus OH is one, especially now with so many companies like Intel, Honda, Amazon, Google, etc. moving and developing here. And make sure to work with a realtor who is also an investor and can easily plug you in with their network of GCs, PMs, and lenders. Happy to connect and answer any questions you may have.

Thank you for the input! I appreciate it. 


Post: New to group

Christopher Wissing
Pro Member
Posted
  • Investor
  • Mckinleyville, Ca.
  • Posts 7
  • Votes 11
Quote from @Travis Biziorek:

Hey Christopher, welcome!

It sounds like you're off to a great start. If what you've been doing is working well for you I'd keep at it. Investing out of state adds in another layer of complexity for sure.

Are you four units in Mckinleyville?


 Yes, in Mckinleyville and surrounding areas. Its a pretty small county. Its working but prices are a bit out of line. Makes the cashflow difficult at times, but so far I am making it work.

Post: Best Markets To Invest

Christopher Wissing
Pro Member
Posted
  • Investor
  • Mckinleyville, Ca.
  • Posts 7
  • Votes 11

Im on the Northcoast of California and in the same thought process. Looking out of state. Still looking at where. 

Post: Best Markets To Invest

Christopher Wissing
Pro Member
Posted
  • Investor
  • Mckinleyville, Ca.
  • Posts 7
  • Votes 11
Quote from @Jake Andronico:

@Josue Ramos

I'm definitely bias, but people are still sleeping on Reno, NV. 

I grew up north of San Francisco and moved out here to live and invest. Best decision I've ever made. 

4-6% average annual appreciation rate, stable job growth, population growth, drivable to the Bay Area, close to Lake Tahoe, no state income tax, 4th lowest property taxes in the Nation, much more landlord friendly than CA, land constrained meaning limited supply, etc. 

It may not make sense for you, but I strongly believe it's an option worth considering (I've invested here for many years before becoming an agent here). 


 Thats good input. I am in North Ca. (way above SF) I had family in Reno for years. I didn't think much about that area either. 

Post: New to group

Christopher Wissing
Pro Member
Posted
  • Investor
  • Mckinleyville, Ca.
  • Posts 7
  • Votes 11

Hello, I am a single father and investor in Mckinleyville, Ca. I currently have 4 units and looking to network and grow. I am slowly building my people around me and gaining knowledge daily. I am starting to really consider out of state investing as well, just haven't found where I want to be yet.