All Forum Posts by: Michael R.

Things that affect value here:  crop type, water-well or district, type of irrigation, utilities, tons per acre, water rights or shares, dwellings or homes, soil class (1, 2, 3, etc), mineral rights.  American Ag bank and Yosemite Farm credit do ag land appraisals around here.

@Damian Garcia  I'd call several and see who you get along with well.  Marcus Haney at (209) 847-7475 with Haney Real Estate, very good guy.  Shana Gates with Craft and Bauer (310) 746-6232 does ag as well and a good trustworthy friend.  Last try Donny Rocha with Terra West Group  (209) 606-5767 they do dairy and tree-crop ag.  
Also feel free to join our local Modesto REI Facebook group if you DM me I can give you a link.

@Damian Garcia Hi I’m also in Modesto and I come from an almond farming family. You would be best served to use an Ag specializing, local, RE broker. Ag land is valued based on production, the easy way to explain it is lbs/acre. Production output varies even within the valley here, some dirt is much better than other. Also some land has better irrigation, either acces to canals or wells and systems installed. A local broker who specializes in almonds would know the value of these things and if representing you would help you not overpay, etc.

@Account Closed and others are very clear that a bad PM can ruin you, and when you have PM’s that are breaking the law they should be exposed.  For now though I don’t want to do anything to jeopardize my attorney’s work.   I am glad that the IREC saw through his nonsense tho, and had to post it since it’s public knowledge. 

@Kay Kay Singh 

here's the latest update in my story with this property manager in Fort Wayne IN...his actions caught the attention of the Indiana Attorney General and his license is now suspended from any practice of Real Estate.  I've attached a link to the final order from the IREC with his disciplinary action.  Have you heard of him?
http://bit.ly/IRECFinalOrder

@Ingin Kim I have found a reliable manager that has been doing well for me.  She is now affiliated with Keller Williams.  Were you also looking for a manager? 

Hi Tricia, I’m in Modesto. To start  here’s an article explaining the new CA laws. Does a really good job of breaking it down.  DM me and later this morning I’ll look at my forms to send you what I’ve got.  Also I’ll send you an invite to our Modesto landlords/investor FB group.  It can help you keep your finger on the pulse of what’s happening here!

@Violeta Escobedo I'm in Modesto and we do have a monthly Meetup here, you're more than welcome to attend to network with our local people.  Message me for links to our group pages, etc if interested! 

Hi Lee, you'd want to go down to the county assessor's office.  They may have you go to the recorder's office also for documentation, but the assessor should handle the nuts and bolts of it.  You can rent it out legally without adding a separate address though.   A friend of mine just has a requirement for tenants to have a PO box for mail.  

Hi Anthony, FW has a very active Vibrant group of investors! I'm based in CA and have been investing there for some time, also family in and from there. Search "Fort Wayne REIA" and join the closed Facebook group and there's 700 some odd people to network with. There's a lot of good local knowledge that just has to be asked and they're great with advice. Welcome to the club :)

Devon, hard for us “out of towners” to find those purchase prices unfortunately in this market...but be patient. Thanks for the advice Adam!