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All Forum Posts by: Kevin Mathew Galang

Kevin Mathew Galang has started 1 posts and replied 17 times.

Post: Free Note Investor Q&A Call!

Kevin Mathew GalangPosted
  • Tampa, FL
  • Posts 23
  • Votes 11

Thanks @Dave Van Horn! Looking forward to this! 

Is there somewhere to post our questions ahead of time?

Post: Mortgage Note Investing - who can give me some advice

Kevin Mathew GalangPosted
  • Tampa, FL
  • Posts 23
  • Votes 11
@Jason Dellaposta Thanks a lot! This helps a bunch!

Post: Mortgage Note Investing - who can give me some advice

Kevin Mathew GalangPosted
  • Tampa, FL
  • Posts 23
  • Votes 11
@Jason Dellaposta What are your favorite books, blogs and podcasts to help with the learning curve? I've read Scott Carson's book and Dave Van Horn's book. Both of which are good. KMG

@Mark Gibbs Thanks for sharing this! This was rather comprehensive and insightful.

Do you mind me asking where/how you found this note? Was it through a note fund or did you reach out to a local bank?

-KMG

Originally posted by @Eric Delcol:
Originally posted by @Kevin Mathew Galang:

1. What do you do with this type of information as an investor? / How does it impact your strategy?

Several years ago we were looking for a new market to invest in.

For us, the water street project was a contributing factor for us choosing to invest in Tampa Bay.

If you invest where the big players are building you're more likely to do well.

Starbucks sets up shop in areas that are growing.  Our properties are always close to one.

This is fantastic advice! Thanks for this!

Post: Tampa area meet ups or events?

Kevin Mathew GalangPosted
  • Tampa, FL
  • Posts 23
  • Votes 11

Hey @Peter Grange welcome to Tampa!

Here are some of the meet ups that I have attend:

  1. Larry Harbolt's  Monday RE meet up - it's at a Hibachi Buffet - price for the meeting is a couple bucks for a drink or a buffet price of ~$10.95 (I don't remember the exact cost). It happens every Monday like clockwork.
  2. Tampa REIA Main Monthly Meeting - this one costs $20 / visit or the $100 annual fee. They have lots of guest speakers, vendors and networking opportunities. They meet every 2nd Tuesday of the month.
  3. Creative Real Estate Exchangers - This one happens every Thursday morning.

I've hyperlinked each one to their meetup page. I found them via meetup as well. There's a ton of them going on, and most of them post their meeting information - location, cost, speaker (if applicable) on the MeetUp website and app. 

Hope this helps!

KMG

Congrats, @Bill Regan! I remember seeing @Ben Leybovich speak at the SF Bay Area RE Summit last year and he talked about doing this exact same thing! It was like an "a-ha" moment! It's something that I'm looking forward to doing in the future.

Clearwater is an awesome location. I know that in St. Pete, there's been issues with zoning with AirBnB/STR have you experienced or heard about anything about any zoning issues in Clearwater?

KMG

Post: St. Petersburg Real Estate

Kevin Mathew GalangPosted
  • Tampa, FL
  • Posts 23
  • Votes 11

I know that rules of thumb are not necessarily concrete investment strategies, but as a filtering criteria, does the 1% rule apply in St. Pete for MFH? I've been looking at MFH in Tampa, and it seems like the 1% rule is not viable. I'd love to hear others' experience!

Kevin

@Jack Bobeck, great find! How did you find that memo? Was it available on the Jacksonville City Council's website?