All Forum Posts by: Greg Hamer

Not sure about Moss Landing.  I have no experience there.  If you see something specific I can dig into for you.

Greg

I would try and hook up with a company that does non-conventional financing.  Maybe smaller banks that keep a portfolio of properties on hand that understand the needs of an investor.  Try calling Pinnacle Bank in Salinas.

Greg 

Hi James, welcome to the gang!  I'm pretty new to the game as well, and work at Alain Pinel Realtors in Carmel.  I hope to help you out one of these days.  See you around the peninsula!

Greg

Hi Gayle, the Peninsula is pretty overpriced for rentals IMHO.  It all depends on what you want to do.  Properties are appreciating at a pretty good rate with DOM usually around 30 days or less.  If you put very little money down, I am not sure if you will come ahead with purchase price vs rental income.  

I haven't heard about a new hospital being built here, other than the VA clinic in Marina. Same thing with a train hub. The desal and racetrack might be dead in the water depending on who you talk to. There is always a lot of talk, just not sure when it will come along.

Let me know if you need any help.  I am a RE agent in Carmel.

Greg

I can't PM you until we are colleagues.  You wanna, or is it more binding that clicking "follow" on twitter? ;)

@Jo-Ann Lapin I'll probably look in CO. I have family there and RE is a lot cheaper (still expensive compared to the rest of the US, but cheap for me)  I am not averse to trying the central coast, but it is hard to find "affordable" properties to buy right.  I don't really want to count on appreciation to be the deciding factor in acquiring RE.  It's too finicky.  I need it to be cashflow positive, or at least close to it when factoring all incidentals.

@Jack Butala Thanks for the encouragement.  

HI guys, 

My name is Greg. I am a complete newb. I have purchased several SFH for primary use, but never as an investment.

I don't know what I want to do yet, or how to do it.

I am leaning towards Buy and Hold for Multi Family homes, but dabbling with the thought of doing some private lending.

I'm probably similar to a lot of you folks that dream big but don't have access to a lot of funds (yet) to make it happen.

In the meantime I am doing a lot of trolling and listening to webinars and podcasts.

See you around!

Greg

Hi guys, 

I have a fairly general question about getting started as a Private Lender.

How did you get started in this space?  And how much did you start bringing to the table when you got started?

Is there a minimum to get involved or be taken serious? And what were some of the expected returns? Both in time and ROI?

Thanks for any insight.

Greg