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All Forum Posts by: Cody Evans

Cody Evans has started 71 posts and replied 464 times.

Post: California Apartments? NEWBIE

Cody EvansPosted
  • Wholesaler
  • Fairfield, CA
  • Posts 472
  • Votes 145

@Alex Rodriguez I am over here in Fairfield Are you getting blown out on the MLS because you check infrequently (how frequently?) and do you have a real estate license so you can view the MLS quickly? Do you look at any meet up groups? There is one in Fairfield I have gone to and another In San Francisco Im interested in joining.

Post: California Apartments? NEWBIE

Cody EvansPosted
  • Wholesaler
  • Fairfield, CA
  • Posts 472
  • Votes 145

@Guy Azta did my @ tag work? I am on Mobile.

  I am not interested solely in the Nor Cal market; just what works. How did you go about selecting outside markets (logistic steps)? Also how do you find trustworthy property managers and screen them when they are out of state? I hear many horror stories about these companies and the need to be ready to switch to a new one ASAP.

Post: California Apartments? NEWBIE

Cody EvansPosted
  • Wholesaler
  • Fairfield, CA
  • Posts 472
  • Votes 145

Hi David, 

Do you have any good sources(books preferrably) on learning about of state investing and partnering?

Post: California Apartments? NEWBIE

Cody EvansPosted
  • Wholesaler
  • Fairfield, CA
  • Posts 472
  • Votes 145

Hi all, 

I am a young man with his first 50k annual job stating next year. In the meantime I am trying to get educated on real estate apartments which is what I plan on investing in. I am reading books and have learned many valuation measures such as IRR and its mods, cap rates relating to value and NOI. I understand discounted cash flow. Ive spent months learning every day and all weekend and am the real deal. The issue I got to thinking of when doing case studies is that all the apartments were only 700k but when I have briefly looked on Loopnet for Northern California all I see is multimillion dollar apartment options! I want to invest by the time I am 25(I am 22) and get this off the ground for real. Are apartments realistic for starting out in Northern California? What are my realistic options and how is the market like in Nor Cal?

Thank you so much to people that reply and I apologize if I have a forum faux pas; this is my first post.