All Forum Posts by: Matt Schuberg

Awesome job Peter! I love seeing these success stories in LA because all I ever hear is people say it's impossible to make money in this market with how competitive it is. There's always deals out there, you just have to find them!

Local REIAs and events are an awesome way to connect with people and find a mentor. I think the key to finding a mentor who is willing to work with you is to find a way to bring them value. Go out and find them deals or bring them leads. Show that you're committed to this and that you're here for the long haul. They'll be much more willing to spend time with you if you're able to bring value to them.

Hi Tyshana,

Wholesaling can be a great way to get started in real estate. I would recommend marketing the properties as transparently as possible. Just be upfront in what you're doing. Most people are familiar with wholesalers and understand what you're trying to do. Honesty will go a long way in this business (or in any business).

It's definitely tough to get financing when you're self-employed. The other guys have brought up great points. You can also use hard money or private money if you have people who trust you enough to loan to you.

@Scott Trench I love hearing posts like yours about SoCal. I've lived here my whole life and I've loved every second. There's always been this stereotype of people being stuck up (especially in Santa Monica, where I live). I've never experienced this. In fact, I was having an interesting conversation with another BP member at a meet up recently and he was saying he thinks that the people who give this reputation are often people who moved here from another state. From my experience, I think he may be right!

I'm glad to hear you had a good time while you were here, let me know next time you're in the area!

I know of a lot of people in CA that want to leave but it's almost exclusively because of the cost of living. It's definitely expensive to live here, but it's expensive because it's so desirable. I have lived in SoCal my entire life and I have no intention of leaving. To me California is the best place to live!

• Do you live in California? yes
• Have you lived in California in the past 5 years? yes
• If so, where? Santa Monica
• Will you be staying or leaving? Staying!
• Why? I can't see myself living anywhere else. I love it here.
• What is your full time income producing job? I'm a wholesaler/investor and run a few businesses on the side as well.

Awesome job Adriel! I love seeing people blowing their original ARV estimate out of the water. We're seeing that a lot lately around LA. Keep killing it!

Hi Tj,

Welcome to BP! You'll learn everything you need to know browsing this site. The BP podcast is awesome as well. I'd be happy to connect sometime. Feel free to reach out!

Looking forward to the meet up! I love these on-site investment events. It's great for everyone to see the work in person. It gives investors a much better idea of the actual process.

Hi Brianna,

Everyone here has given some great advice. Finding properties right now is extremely difficult with how competitive it is, but there are definitely deals out there. I work for New Western Acquisitions and I'd love to talk more with you to try to help you out. I think we could be a great asset for you to find deals.