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All Forum Posts by: Mitch Jacobs

Mitch Jacobs has started 3 posts and replied 7 times.

Post: THE VELOCITY OF MONEY

Mitch JacobsPosted
  • Sacramento, CA
  • Posts 7
  • Votes 4

Post: THE VELOCITY OF MONEY

Mitch JacobsPosted
  • Sacramento, CA
  • Posts 7
  • Votes 4

    Hosted by Kyle Renke (Top 2% Realtor in Sacramento).
    Featuring keynote speaker David Greene (Co-host of the Bigger Pockets Podcast).

    Accelerate your real estate investment returns with the principles of the Velocity of Money!

    During this talk you'll learn:

    1. How to take an initial amount of capital, receive returns, and then inject it into your next investment
    2. Strategies to make your money work as an “employee”
    3. Techniques to make sure you’re maximizing your capital's potential
    4. Increase wealth at a compound rate to make you a master investor in a shorter period of time!

    Post: HOUSE HACKING IN SACRAMENTO

    Mitch JacobsPosted
    • Sacramento, CA
    • Posts 7
    • Votes 4

    Hello everyone! We're in the planning stages of another meetup that will be scheduled in late August / early September. The topic and structure of our next meetup will be slightly different so stay tuned.
    We will definetley be posting the next meetup further in advance to give everyone plenty of time to clear their schedule. Feel free to DM me with any questions.

    Post: HOUSE HACKING IN SACRAMENTO

    Mitch JacobsPosted
    • Sacramento, CA
    • Posts 7
    • Votes 4

    David Greene and Kyle Renke will be discussing the ins and outs of house hacking in California, specifically the Sacramento area. Participate in real "case studies" from successful house hackers, and learn the tips tricks, and tools that have helped them have continued success.

    Come learn how you can benefit from house hacking. Get your start in Real Estate investing or grow your portfolio IN CALIFORNIA!

    This COVID-friendly event will be held at:

    725 Vernon St, Roseville, CA 95678

    On April 27th

    Starting at 7 pm (PST)

    Get your tickets HERE!!!

    Post: May I run some thoughts by you?

    Mitch JacobsPosted
    • Sacramento, CA
    • Posts 7
    • Votes 4
    Originally posted by @Darius Ogloza:

    The opportunity should drive the strategy and not the reverse.

    I like this train of thought. It seems to me that in a competitive market it will be essential for me to be flexible in my approach to find a strategy that works for each individual opportunity. I appreciate your response Darius!

    I LOVE the outdoors. I'm an avid highliner(slacklining high between mountains), rock climber, backpacker, and open to almost anything relating to outdoor recreation. I'm currently converting an old short school bus into a beautiful tiny home on wheels which has been keeping me very busy!

    Post: May I run some thoughts by you?

    Mitch JacobsPosted
    • Sacramento, CA
    • Posts 7
    • Votes 4

    Hello wonderful BP Community! I’ll do my best to keep this quick.

    As a newbie, I’ve been pursuing clarity as to which niche and strategy will best fit my goals, skill set, and current financial position. I'm eager to hear your constructive criticism and opinions so please don’t hold back any thoughts you may have!

    First, my main goal is to eliminate my housing expenses and realize the wealth building benefits of owning investment property in a stable market with a growing population and job industry. I feel strongly that a form of house hacking will be an excellent option. While I love the idea of house hacking a buy-and-hold rental property(rent-by-room, small multi-family, etc.), I’m not opposed to taking a live-in-flip approach and holding for at least two of the last five years for tax advantages. My partner and I are in our mid 20’s and not discouraged by the possible “discomforts” that are inherent with these two strategies.

    I’m handy, disciplined, have good credit, and between $30-50K to conservatively work with. However, I have no formal real estate experience and have worked only low paying jobs the last few years so I'm not sure how difficult(or easy) finding financing will be.

    Lastly, I’m focused on Washington state markets since I plan to relocate there in the near future. I’m flexible in choosing a market and would like to move somewhere where I will invest “in my own backyard.” Ideally a blue collar city or town that has more affordable prices within a moderate commute to a higher population city. Any thoughts?

    I’m truly grateful for your time today and eager to learn and network!

    Regards,

    Mitch