All Forum Posts by: Michael Prakash

Many thanks to Lou, Greg and Wayne for their valuable advice

My long term recommendations are not to mention it because it is a double edged sword. Today it may be o.k.,tomorrow things may change. Had a colleague who ran a successful business and was fired because he made more than the boss.

What is a quit claim deed and how do we find out all the liens on a property? How do we find the amounts and how to remove them?Any other info' on this topic would be appreciated.

What is a quit claim deed and how do we find out all the liens on a property? How do we find the amounts and how to remove them?Any other info' on this topic would be appreciated.

@Joel Owens

I'm starting out without any money, have a private money investor support. Not enough to to put 45%-60% down like what the bay is going for. Just would like to simplify the search with a local broker to find better deals for my investors and find deals to meet my criteria. Would you say the market is flooded with competitive cash offers and would price me out like the rest of the Bay Area? If that's the case I would happily move on to my next market out of state. I've only looked at the central valley because its within 50 miles and is showing better ROI than anything in the bay area I've looked at.

@brie schmidt

Great idea I've found several meetings that I can attend and will be prepared to introduce myself

Hi guys,

I'm just starting out as an investor and am looking in the  Central Valley of California for Multifamily Apartments to start with. I have a coach and a mentor, but would like to this new en devour by talking to brokers in the Tracy/Manteca area. Any recommendations  

Hey guys, 

I am a new investor and am looking at some on the market listings for 50 and under units.  I'm looking at the market rents in the fruitvale area of Oakland, it appears that the market rent is increasing for Oakland as a whole, but what are the neigborhoods like since most of the properties are C- to B-.  Are there any investors who have been able to find deals and raise their gross scheduled rent to what the market rent is projected to be ?