Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Michele Ling

Michele Ling has started 3 posts and replied 5 times.

Post: Visiting SLC & looking to meet up

Michele LingPosted
  • Albany, CA
  • Posts 5
  • Votes 5
Hi, I'm driving thru SLC with the family and would like to learn more about the area. We are coming from CA and are looking to invest in the SLC area. If anyone is interested in grabbing coffee tomorrow or have a recommendation for an agent, please let me know. Thanks!

@Assaf Furman

Thank you for your feedback. You confirmed what I was thinking.  I wonder though, what happens if it's a buy-and-hold property?  How would you structure the agreement to reflect how long to hold the property and when to exit?

Hi, I've come across a property that I think would be a great investment, but I would need to find partners in order to make it work. It got me wondering about the logistics around establishing a partnership, specifically the sequence of events. Do people identify partners, set up an LLC (which could take weeks), find a property and then create the operating agreement to determine ownership? This approach seems like there could be missed opportunities as the partners wait for the LLC to be created. Or do people find a property, identify partners and then make an offer? This approach though seems to leave very little time to get the partnership set up since there's a small window of time between finding a property and making an offer on it. Please shed some light on the process. Thanks.

Post: New Member from SF Bay Area (East Bay)

Michele LingPosted
  • Albany, CA
  • Posts 5
  • Votes 5

Hi, thanks for the warm welcome!

@Sim Peyron, I'm interested in SF, Alameda County, and Contra Costa County.  The farthest north I'd want to venture into is Sacramento.  I'd like to keep the local investments to under a 2-hr drive from my home base of Albany, CA.  I see that you're in Oakland.  Is this in line with your focus area?  If so, perhaps we could meet sometime.

Post: New Member from SF Bay Area (East Bay)

Michele LingPosted
  • Albany, CA
  • Posts 5
  • Votes 5

Hi Everyone! I am new to the BP community and have been soaking up the vast amount of info/knowledge that is posted to BP, which is such a great resource! I wish I had known about BP several years ago when I had teamed up with some family members to invest in 2 properties (a flip and buy-and-hold). Both transactions weren’t successful, but they were great learning experiences.

Fast forward to present day, I am ready to make a career change (from IT consulting) and jump back into the RE investing world! I am hoping to connect with other investors in the local area (East Bay, CA) who would be interested in potential partnerships, specifically flipping and buy-and-hold strategies in the local and out-of-state markets. If you’re interested, send me a message and let’s grab coffee together! Also, I hope to see as many of you at the Networking Summit on August 27th and 28th in Oakland, CA!

http://tinyurl.com/RESummit2