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All Forum Posts by: Justin Thompson

Justin Thompson has started 1 posts and replied 7 times.

Post: A Big Hello from Santa Rosa, California

Justin Thompson
Pro Member
Posted
  • Rental Property Investor
  • Santa Rosa, CA
  • Posts 7
  • Votes 3

Hi Brandon, thanks for the links. Things are moving along for me! Once it's all settled I'll go in to more details.

Post: Newbie from Milwaukee, WI

Justin Thompson
Pro Member
Posted
  • Rental Property Investor
  • Santa Rosa, CA
  • Posts 7
  • Votes 3

Well done Emmett! It sounds like you're already well on your way to acheive your goal.

Post: A Big Hello from Santa Rosa, California

Justin Thompson
Pro Member
Posted
  • Rental Property Investor
  • Santa Rosa, CA
  • Posts 7
  • Votes 3
@Matt Maurice That's great news. If there's a Meetup when I'm in town I'll check it out.

Post: A Big Hello from Santa Rosa, California

Justin Thompson
Pro Member
Posted
  • Rental Property Investor
  • Santa Rosa, CA
  • Posts 7
  • Votes 3
@Marcus Auerbach Thanks, and yes. Taking a trip there is part of the plan. I'm looking forward to meeting local investors and getting to know the area.

Post: A Big Hello from Santa Rosa, California

Justin Thompson
Pro Member
Posted
  • Rental Property Investor
  • Santa Rosa, CA
  • Posts 7
  • Votes 3
Originally posted by @Dawn Anastasi:
Originally posted by @Justin Thompson:

Hi Jonathan,

Several reasons, like easy access to background info on tenants and the it's bulk foreclosure program.  Also, I have to thank BP member Dawn Anastasi for writing a great book on investing in the area.

 Thanks!

 You're welcome Dawn,

You're book really helped me when I was having some analysis paralysis deciding where to start. I look forward to the 5th edition.

Post: A Big Hello from Santa Rosa, California

Justin Thompson
Pro Member
Posted
  • Rental Property Investor
  • Santa Rosa, CA
  • Posts 7
  • Votes 3

Hi Jonathan,

Several reasons, like easy access to background info on tenants and the it's bulk foreclosure program.  Also, I have to thank BP member Dawn Anastasi for writing a great book on investing in the area.

Post: A Big Hello from Santa Rosa, California

Justin Thompson
Pro Member
Posted
  • Rental Property Investor
  • Santa Rosa, CA
  • Posts 7
  • Votes 3

Hi BiggerPockets,

I live in California's beautiful North Bay aka California's Wine Country. I grew up in Southern California (mostly Encinitas) and I've spent most of my adult life in Northern California. I'm new to REI. My experience in real estate goes back over a decade when I was living in the East Bay (Oakland). I took a job as the "on-site resident manager" in a 24 unit apartment building. At the time I felt like I wasn't getting a good deal but a discount on the rent was something at least. Now, I know I was getting nowhere near the 8-12% property managers charge. I was getting 1% and I was skimming the pool. After my lease was up, I moved into another rental thinking property management wasn't for me. Even though I didn't mind the work it just didn't pay enough. If only I'd read Rich Dad, Poor Dad then!

Fast-forward to today and I’m reading, listening, learning and starting to the make connections, so I can make my first deal. Since I live in a particularly expensive part of California I’m looking out of my home state for investments. After researching several areas in the midwest and south I decided on MIlwaukee, Wisconsin! So, say hello if you’d like to connect.

Thanks,

Justin

-----

I’ll be posting updates here as things progress.