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All Forum Posts by: Derek Torculas

Derek Torculas has started 35 posts and replied 76 times.

Post: Redding, STR Investment

Derek TorculasPosted
  • Specialist
  • Redding, Ca
  • Posts 89
  • Votes 16

@Punarvashu Tyagi I love here in Redding and have bought and sold many properties. If you have any questions let me know but Redding is a great place for investing and it is growing! Market is great if you can find the right deals

Post: Looking for a market to park 1031 funds (Multi-family or STR)

Derek TorculasPosted
  • Specialist
  • Redding, Ca
  • Posts 89
  • Votes 16

@Crystal Tynan send those triplexs my way im interested

Post: Where are you BRRRRing?

Derek TorculasPosted
  • Specialist
  • Redding, Ca
  • Posts 89
  • Votes 16

@Bonnie Low im here in Shasta County we should connect. I find properties all the time in that criteria

Post: REDDING, SHASTA COUNTY MEETUP!

Derek TorculasPosted
  • Specialist
  • Redding, Ca
  • Posts 89
  • Votes 16

is this still going on tonight?

Post: Should we do a short term or long term rental in CA?

Derek TorculasPosted
  • Specialist
  • Redding, Ca
  • Posts 89
  • Votes 16

@Justin Kerstetter if you plan on doing a short term i would do a rent tonown and have them put a down payment to secure it. So if they dont pay there rent on time the will be evicted. you can aslo draw a three month eviction notice those are still in effect. We are buying a flip and the seller posted a 90day eviction notice with a lawyer and served them. Im here in Redding.

Post: Anyone in Far northern California?

Derek TorculasPosted
  • Specialist
  • Redding, Ca
  • Posts 89
  • Votes 16

@Dan Arteritano

Hello Dan, yes there is! Theres a good number of investors that meet up every month to talk about Real Estate. You should come to the meetup one of these days.

Post: Closed a Subject 2 Deal in California, Here's the Contract I Used

Derek TorculasPosted
  • Specialist
  • Redding, Ca
  • Posts 89
  • Votes 16

Hey There @Tim how is this deal going? How did you assume the loan? Did they do a gm credit check or did she just put your name on the deed? I'm trying to do this with no credit but I have upfront cash. Thanks.

Post: Development Project in Sonoma

Derek TorculasPosted
  • Specialist
  • Redding, Ca
  • Posts 89
  • Votes 16

I have a 6.8 Acre property I am looking for a partner with in Sonoma, CA. The property is located off Napa Rd. it has 3 houses on it and a few small cabins. Im thinking of taking down the cabins and creating some houses. What would you do?

@Teresa Buchanan hey teresa try First American Title. They should be able to handle it

Post: NorCal Investors MeetUp

Derek TorculasPosted
  • Specialist
  • Redding, Ca
  • Posts 89
  • Votes 16

@Robert Ryness 4:30 or 4:00?