All Forum Posts by: Jacob Repreza

Just to piggy back off of the other comments its a combination of all of that. Personally, I think the most important 2 will be what you're comfortbale recieving and the typical market rates. Looking for high cash flow in Socal will get you no where but accepting $100 a door for a home in the midwest (at least to us personally) isn't worth it at all. There's no set benchmark that works everywhere. 

@Hugo Henderson Welcome! What @Joe Homs said is basically true. We hold a meetup in Newport every month but unfortunately that has been put to stop. And i know Joe hosts one in South Orange county as well, so whichever one you're closer to or would prefer would love to have you. Welcome to the sight and I hope you find what you're looking for! 

********* UPDATE THE MEETING FOR TONIGHT HAS BEEN CANCELLED********* THANK YOU GUYS AND HOPE TO SEE YOU NEXT MONTH!! 

This local real estate meet up is for people in and around Newport Beach, Irvine, Huntington Beach, Laguna or anywhere in the Orange County area and beyond. I want to invite you to our FREE monthly event. This is for new investors and experienced pros, for buying locally, out of state (OOS), note buyers, JV partners, syndicators and any other type of real estate related investment. Seasoned investors will be in attendance answering questions for newbies.

*Refreshments and light snacks are provided*

*Meetup is 100% free and nothing will be pitched!*

*Guest parking is free and guest spots are any UNCOVERED parking spots*

*Address leads to leasing office and meetup will be held across the way in the lounge area*

Any Questions feel free to shoot me a message, looking forward to seeing everyone there!

This local real estate meet up is for people in and around Newport Beach, Irvine, Huntington Beach, Laguna or anywhere in the Orange County area and beyond. I want to invite you to our FREE monthly event. This is for new investors and experienced pros, for buying locally, out of state (OOS), note buyers, JV partners, syndicators and any other type of real estate related investment. Seasoned investors will be in attendance answering questions for newbies.

*Refreshments and light snacks are provided*

*Meetup is 100% free and nothing will be pitched!*

*Guest parking is free and guest spots are any UNCOVERED parking spots*

*Address leads to leasing office and meetup will be held across the way in the lounge area*

Any Questions feel free to shoot me a message, looking forward to seeing everyone there!

That all depends on many many things. Do you have capital? Experience? Someone with either? Wholesaling has the lower barrier of entry but its not easy by any means. You have to go through many no's to get a yes.

And flips isn't just finding a rundown property and fixing and selling. You have to have the right property first off and then financing/cash in place, find a good contractor and manage it, sell it for top dollar on the back end. There's plenty of run down homes in Cleveland but that doesn't mean they're good flips. 

As far as the license goes, I'm not licensed in Cleveland but if it's anything like CA i would advise against it unless you are going to be doing properties consistently. 3% of a $150,000 home (which is a really nice home in most areas) is $4500 (before brokerage splits). Is that $4500 worth going to all the licensing classes, studying for the exam, relying on yourself for contracts, marketing, possible broker fees, association fees etc etc. There's a lot of things to keep in mind.  

Welcome to bigger pockets! Best suggestion is to meet people and ask questions. Went to @John Koster meetup in LA a few weeks ago and that would be a great resource for you as its just a bunch of cali people who already invest in cleveland so we all have references and stories to give. Any questions feel free to reach out! 

@Zachary Caudill @Kaela Marable @Anthony Bonaiuto if you guys aren't busy this weekend we will be in town checking in on our properties and will be hosting a meetup! Here is the link for more information hope to see you guys there. 

https://www.biggerpockets.com/forums/521/topics/802031-cleveland-investor-meetup?page=1#p4711538

We will be at the tables by the fire pit! Looking forward to seeing everyone there! 

Calling all lenders, agents, investors, contractors and all real estate enthusiasts to come out and join us for a drink or two and mingle with other new and experienced investors. This is just an informal hang out with no charge and no presentations will be given. Looking forward to seeing everyone there!