All Forum Posts by: Joe Homs

(No cost, no pitch) Forming new relationships and networking may be the most important aspect of success in real estate. Furthermore, learning from the real-life success and failure of other investors is invaluable. This is a perfect place to learn, grow, and network!!
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The connections that perfectly complement you are out there. If you have not found them yet, you aren't looking hard enough. No successful investor will tell you that it is easy, but they will tell you that most could achieve success with hard work and perseverance. Don't give up!
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This month we are featuring Propstream: Burton Alicando is the Senior Product Specialist for PropStream, the nation's leading provider of multi-sourced property data. PropStream is specifically designed for real estate professionals and helps to simplify and accelerate the process of generating targeted qualified leads. Mr. Alicando began his career with an emphasis on technology and customer service. He has been with PropStream nearly since its inception and has played a key role in user training and customer experience over the last decade. His passion for Real Estate is evident and complements his technical expertise of PropStream. Mr. Alicando thrives on training effective use strategies of PropStream with individuals and large groups alike, both in-person and remote. You will hear his smile through the phone while his knowledge of the application, and data, helps hundreds of clients daily. When Mr. Alicando is not engaged in a training session with new clients, he enjoys spending time with his 9-year-old son, mastering video games, and reading comic books.
Please use this link to sign up: [PropStream Investment Software (propstreampro.com)](https://trial.propstreampro.com/joehoms/)
Agenda:

6:00 pm Pre-Networking (Please order some food or drink)
6:30 pm Introductions
7:00 pm Speaker Information
8:00-9:00 pm Networking

@Brent Horst where is the property?  Would need more details.

Good Investing...

@Albert Johnson What is the condition of your home? You should only want to sell your home to a wholesaler if it requires major repairs and you need the money ASAP. You will always get more if you put it on the MLS. Where is the home at?

Good Investing...

@Kevin Kim C.A.R. does not allow anyone but members to use their forms.  Be careful that you may be saving a few dollars in the short run by not using a professional.  It may cost you more in the long run.

Good Investing... 

@Jordan Brown your question is a matter of numbers and not location.  If the numbers work in California, and they may not, then go for it.  Have you thought about just renting a 4–5-bedroom home and house hack it.  Less money on your part and you can pocket the profit between the actual rent and what you charge the others.

Good Investing...

@Michael Martin reach out to @Dmitriy Fomichenko who is the expert in this area.

Good Investing...

@Michael Goddard sounds interesting...  Reach out.

Good Investing...

@J Ferri you can find them here: https://www.biggerpockets.com/forums/521/topics/1228757-ocre...

Good Investing...

@Enyo Kim meet like minded investors here:  https://www.biggerpockets.com/forums/521/topics/1228757-ocre...

Good Investing...

@Thelma Bal Yikes is right.  Who talked you into buying the Costa Mesa condo?  Unfortunately, of everything that you have pointed out, this would be the one I would suggest selling.  You are not going to make anything on it, so you will not have to worry about capital gains.  Your actual property taxes alone on that will be over $10K a year in 2025 and don't forget about that supplement tax headed your way.

I would suggest keeping the others and maybe changing to LTR if that will give you consistent cash flows.  Mtr/str hybrid, and Cohost are just a shiny object syndrome.  I rent my portfolio out as LTR and self-manage.

Good Investing...