All Forum Posts by: Kim Stofan

Hi @Michael Arnold, just my .02, but I don't feel like this is such a bad deal.  You have an experienced investor who is willing to hold your hand and walk you through your first deal.  He's taking a risk working with you as a newbie.  Perhaps this will lead to many more deals in the future that will be beneficial to you both.  Just make sure you vet him thoroughly before you pull the trigger

As our friend Brandon Turner always says, 50% of something is better than 100% of nothing.  

Welcome @Anastasia Orth!  You sound very motivated and enthusiastic.  Best of luck to you!  Maybe I'll see you at a local meet up soon :-)

Welcome @Glenn Metz, glad you found BP. There's an unlimited wealth of information on this website. I love listening to the podcasts and watching the webinars. Glad you found a local REIA already. Networking is key. What kind of investing are you most interested in?

Hey @Chris Nordella, 

I recently purchased a Turnkey property from a provider in KC,  would love connect and compare notes.  

@Wes Blackwell, would you mind sharing which tool or website you use to get the recent crime in the area?  

@Amir B. best of luck, let us know how it goes!

Welcome @Greg Leach! Glad you found the podcasts. They are an excellent educational and motivational tool. I have a couple out-of-state buy and hold properties but I'm hoping to start investing in California soon. The opportunities in Sacramento are great right now, especially in the multi-family market. Try to attend a local REI meet-up to start meeting like-minded investors and making valuable connections. Take care!

My husband and I bought our first home as a foreclosure in 2011 for 300K, we put about 50K into fixing it up and sold it for 435K three years later.  I wish I would have kept the house as a rental property.  It was on a fixed interest rate at less than 4%.  It would have been an excellent cash-flowing property for me.  

My mother also owned a condo that she bought at an auction which was too much hassle for her She ended up selling. I wish I have been into REI then and I could have taken over management of it for her.

I guess the biggest regret is that I didn't start investing years ago.  

Sounds great!  I'm going to try to be at the meeting on the 7th.  Looking forward to meeting some of you that I have seen around the BP forums.  

Good stuff, Wes! Would you say the same goes for those wishing to utilize the BRRRR strategy in the Sacramento area?

Hey @Jason Howell!  Welcome to BP!  Sounds like you have educated yourself pretty well, now the hard (and scary part) is taking action!!  I have done two out of state deals, but I'm feeling the pull to start doing more local deals.  Good luck, and I'll see you around BP.