All Forum Posts by: John Berekoff

We all know that this is one of the most uncertain times in all of our lives. Nobody knows how the future will go, partly because we almost no historical comparables to look at. In that same way, how is anybody able to accurately comp or appraise any property right now? Even if you have a comparable property that sold 2-3 months ago, it would've been priced and sold in a completely different world than we have now. We have no way to predict how the psychological toll of a pandemic will affect the minds of buyers and seller because we've never seen anything like this before; we can't know how the market will be 9 months from now. Any realtors/investors/appraisers: how are you running comps on your properties? And Investors, how are you factoring this in when pricing your flips or investments?

Thank You Andrew! It sounds like a possible viable option, especially here in California with all the sun. I will definitely consider it for future rental properties.

So I had this idea the other day and wanted to know what others thought. 

If you place solar panels on a property of yours, and pay them off (or buy them outright) so that all of the energy savings coming from them are not going to making lease payments, would you be able to somehow meter the tenants and charge them the market rate for the electricity being used, keeping the difference as profit?

Keep in mind this is assuming that the panels were actually efficiently producing electricity and significantly reducing the cost of power (solar panels are not always that good at reducing costs in some situations, but for this particular theoretical lets assume they are 100% efficient).

Is anybody doing this? Is it even legal? Or is it just some silly thing I thought of while I was bored? lol 

What do you guys think?

Hello Brandon!

What are the biggest differences, economically and culturally, investing in Hawaii versus investing in the Pacific Northwest and what was the biggest adjustment you had to make? 

I definitely hope to see you at one of our meetups someday. I haven't any deals in OC yet, the inventory is pretty scarce but there are deals to be found. Buy and holds are extremely difficult here but the market for flipping is still pretty good. The ARVs can be really nice if you buy for the right price. 

I’m looking at a very similar home in Fullerton right now. I was goin to write a similar post but it looks like I don’t need to now. I’ll definitely be keep my on eye on this to see what people say

Hi Toby! Welcome to BP! I really like your story, being young and in debt I can definitely relate. My name is John and I am in Orange County. If you end finding work and moving here I definitely recommend getting on BP and Meetup.com and checking out some of the local investor meet ups. I am the coordinator of one of the groups in the North OC area. I hope we can see you there someday. If you are ever in the area feel free to contact me and we can grab coffee and talk about our mutual goals in real estate. Best of luck in your career and your investing wherever it takes you! Best, John Berekoff

Welcome to BP! My name is John and I am also from Fullerton. I noticed that we have similar goals for our real estate careers. If you would like, please send me a message and we can exchange numbers, and hopefully meet up some time and discuss our respective goals. I hope to hear from you! Best, John Berekoff

Good Afternoon BP members!

I am seeking advice and tips from people on how I can market my local REI group and get more people to attend. We usually meet once a month at a local restaurant and do a quick introduction of everybody; then we discuss markets trends, strategies, etc. The rest of time everybody spends networking and discussing possible deals.

I want to get some advice on how I could develop the meetup further, possibly creating an agenda, bringing in guest speakers, and always bringing in more investors, agents, and the like to create even more networking opportunities. 

I also need some advice on social media marketing for these kinds of meetup events. Which social media platforms to use? How should they be structured? How to get more followers? Any advice from someone with marketing experience would be greatly appreciated.

Thank you BP family! I wish you luck in all of your investments and I look forward to your feedback!

Sincerely,

John B.