All Forum Posts by: Jason Hsiao

San Francisco, San Jose, Qualified Opportunity Zone, Opportunity Zone, Capital Gains Tax, Tax, Tax Strategy

@Harshil Patel @Tony Le Do @Barton Louie @Matt Ward @Steve Sun @Ramsin Jacob @Noah Howland @Chingju Hu @Trey Zhou @Manuel Reyes @Srikanth Reddy @Eduardo Zepeda @Albert L. @Yoav K. @Ori Skloot @Michael Sarkissian @Charlie Brown @Jake Knight @Viq C.

Do you enjoy paying capital gains tax on your hard earned investments? If not, you'll want to attend this session to hear about the unprecedented way to reinvest your nest eggs.

As part of the Tax Cut and Jobs Act of 2017, Congress created an incentive for investors to defer, reduce, and eliminate capital gains tax which can go up to as high as 37%, while encouraging investment in communities that have been overlooked.

What you'll learn:
- What are Qualified Opportunity Zones?
- Where are they located?
- How does it work
- How to evaluate QOZ projects
- Feedback from the trenches | what to watch out for?

As always, bring your deals to pitch during our "Ask & Wants" or if you're looking for partners.

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Tom is the Founder of Blueprint Equity where he advises local real estate operating companies in their pursuit of institutional capital. Partnership investing has been a tradition of the institutional real estate investment industry for decades. This structure of investing started with the largest pools of institutional capital seeking specialized market expertise at the local level. Today smaller pools of institutional capital seek similar investment partnerships.

Ridaa is the Founder and Chief Investment Officer of BREAKFORM | RE, a real estate investment, management and development company focused on residential housing solutions across the income spectrum of end users. Ridaa most recently held the position of Principal and Managing Director at Christina Development Corp. Prior to that he held Vice President positions at both HSBC Bank and Barclays Capital where he was in charge of the firms' Indian Equity Investments and was a member of the Asia Advisory Committee. He was a co-founder of Veda Asset Management, LLC, an alternative investment management firm. Prior to starting Veda Asset Management, Ridaa was an Associate Director and Product Manager at Bear Stearns in the Structured Equity Products division, where he built their Market Access Product division for South & South East Asia, a $3 billion portfolio of assets in the region. Ridaa is a John C. Whitehead Fellow of the Foreign Policy Association, a member of the Harrow Association, Urban Land Institute, Building Industry Association of Southern California, Milken Foundation Young Leaders Council, Forbes Real Estate Council and the Young Entrepreneurs Council. He currently serves on the Board of the Kathi Koll Foundation. Ridaa earned a Bachelor of Arts in Economics as a Charles June Patrick Scholar from Bard College in New York.

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Agenda:
5:30pm - Networking
6:00pm - Introduction | Ask & Wants
6:15pm - Featured speakers
7:15pm - Q&A and Networking

Thank you to our sponsors for making this event possible

New York Life: Tu Nguyen ([email protected] | 408.807.7226)

Conventus Lending: @Brenda Chen ([email protected] | 626-353-7098)

Afraid of the R Word? Come learn how self-storage is recession-resistant, scalable, easy to finance, and 6 more reasons why it is an asset class you should consider to play both defense and offense in this shifting market.

What you'll learn:
- Overview on all aspects of the self-storage business
- Tips and tricks from time spent in the trenches
- Add'l resources to learn more and how to get started

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Chris Vandervaart is an active, full time, real estate investor & private money lender. Currently actively invested in self-storage,multifamily, residential income properties, syndicated self-storage conversion projects and 1st lien notes. I am also a co-organizer for the Virtual Investors Group real estate Meetup.

Ryder Meehan is a digital marketing expert and currently the principal and co-founder of Upgrow. He currently has 12 residential rental units, own 2 storage facilities, am a partner in 2 self-storage syndications.

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Agenda:
5:30pm - Networking
6:00pm - Introduction, Ask & Wants
6:15pm - Featured speakers
7:15pm - Q&A and Networking

It's not sexy or any kind of brilliant insight but yeah you quote it out @Julia Hwang. I've done it before where I literally asked for the CC&R's and bylaws of other other condo buildings, see what they included to understand what I need to provide in the market that I'm in and then quote out all the services: landscaping, utilities, look at their budget/reservers, and get insurance quotes. Chances are you will need an E&O coverage in case the HOA officers or management company miss something. A lot of people forget to get that.

Yeah, there's a lot to do. Start with checking the zoning and your local planning department on what you can build there and get an understanding of their process, timeline, and fees associated.

Yeah @Gaurav Mehta DOM for Santa Clara county is about 40 days and change right now. 60 is def reasonable... hell, I'll write it for you or have someone on my team to do it for you. Let's take a look at the comps we can prob even get it for even less for you haha. DM the details or let me know how I can help.

I don't use Redfin agents for the same reason I don't get my haircuts at beauty schools

If you're in it for the long haul then by all means ignore the noise. Sorry if I read too much in btwn the lines your initial post sounded like you're worried. Bay area in the long run will continue to outperform.

There are signs and indicators but there's no timing the market from my 16 years of investing. Even Warren Buffett said in their latest shareholder newsletter they're not in the game of timing the market but focus on getting undervalued assets.

I've been looking in EPA... when the tide goes out, the last one to rise is the first one to tank that was my conclusion.

Oops forgot the keywords: Meetup, Bay Area, San Francisco, Palo Alto, Mountain View, Sunnyvale, Santa Clara, Los Altos, San Jose, Cupertino, Campbell, Los Gatos, Menlo Park, Atherton, Syndication, Passive Income, Redwood City, Fremont, San Mateo, San Carlos, Belmont, Burlingame, Foster City, Saratoga, Milbrae