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: Derek Falk

Derek Falk has started 2 posts and replied 5 times.

I'm local to Palm Desert. 

Just sent a pm.  

Post: Southern California Investing Strategies

Derek FalkPosted
  • Palm Desert, CA
  • Posts 5
  • Votes 1

@John D., I appreciate you taking the time to respond.  I'd be very interested in having the opportunity to speak with you regarding the different types of investment opportunities here in the Coachella Valley.  If you wouldn't mind, I'd like to PM you and start a conversation.

Thanks again!

Post: Southern California Investing Strategies

Derek FalkPosted
  • Palm Desert, CA
  • Posts 5
  • Votes 1

Hello @Jo-Ann Lapin

I do not have prior real estate experience.  Right now I've been diligently reading, researching, listening and talking to everyone and anything I can in order to build a foundation of knowledge, so I can make my move.  

Thanks! 

Post: Southern California Investing Strategies

Derek FalkPosted
  • Palm Desert, CA
  • Posts 5
  • Votes 1

Hello!

Real Estate investing is something that I have always been very interested in and "now" is the right time for me to finally jump in.

In a perfect world, I would like to invest in my current community here in Southern California where I would be close to the properties, but I also understand that this might be difficult or impossible to find properties, which ultimately are cash positive.

I am located specifically in Palm Desert, California with the neighboring communities of Palm Springs, Cathedral City, La Quinta, Indio and Coachella.

We are a resort community with a major population influx between "season" and "off season" and with so many different investment options such as buy and hold (long term rental vs. short term vacation rental), flipping, etc., I'm really curious to find other people who may have either previously invested or currently invest within the Coachella Valley to see what has worked for them.

I definitely want to explore all avenues that could work here locally before venturing out of the area, but I'm well aware that it might be a better idea to head out of state for better opportunities.

I'm really looking forward to any input.

Thanks in advance!

Post: Hello from Palm Springs California!

Derek FalkPosted
  • Palm Desert, CA
  • Posts 5
  • Votes 1

Hello Everyone!

My name is Derek and I am new to BiggerPockets.  After years of kicking around the idea of getting into RE Investing, now!, I am finally in a position to jump in.

I currently live in Southern California, specifically the Palm Springs area, and one of the reasons that I am here on BiggerPockets is to connect with other Californian investors who invest in and out of state. 

I've always heard that investing in California is extremely difficult due to tenant laws and being priced out of cash positive opportunities, BUT I figure that there has got to be people doing it who are successful and that are willing to share their knowledge or opinions of how to successfully invest here.

I'm also open to investing out of state if need be.

Anyhow, I'm very happy to be a part of this group and I look forward to starting a dialogue with you.

Sincerely,

Derek