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All Forum Posts by: Nicole Masters

Nicole Masters has started 40 posts and replied 238 times.

Post: House hacked and Secured my first tenant! Excited to expand on this first step!

Nicole MastersPosted
  • Realtor
  • Sacramento, CA
  • Posts 242
  • Votes 147

Set up a time to speak with the agent that reached out to you and see if you guys get along well, and if they're qualified to help you with what you're looking for. If that person is savvy, they should have referrals for you as well including a lender, contractors, etc.

Post: First-time house hacking... Is there a bad way to house hack?

Nicole MastersPosted
  • Realtor
  • Sacramento, CA
  • Posts 242
  • Votes 147

Househacking is all about cutting down on your living expenses, and that means different things to different people. Some people are happy with one roommate and paying $900 less on their mortgage than they would living alone. Some people see it as a way to get into a multifamily house at a lower downpayment and interest rate, while still providing themselves a place to live.

I think the only way it would be "wrong" is if it puts you in a situation you can't afford or makes you "house poor".

My husband and I rent out 4 of the bedrooms in our house plus a bonus room, meaning we have 6 roommates, but our entire mortgage is covered. People would probably prefer a duplex because of privacy, and a newer duplex because of lifestyle/lower maintenance. 

I agree with the above statement, it sucks, but sometimes that's the cost of doing business. I totally agree that the PM SHOULD be the one that pays the bill as they were the ones that made the mistake, but I would bet they won't.

Post: House Hacking in Bay Area

Nicole MastersPosted
  • Realtor
  • Sacramento, CA
  • Posts 242
  • Votes 147

Hey Abe! We chatted for a while some months ago and I gave you quite a bit of advice on househacking at the time. 

Post: So....when do I meet David Greene?

Nicole MastersPosted
  • Realtor
  • Sacramento, CA
  • Posts 242
  • Votes 147

Set for Life by Scott Trench is a great book too if you're looking to get started out on the right foot

@Nicole Davidson We'd love to have you there! We meet the first Wednesday of every month. If you click on the hyperlink in blue that says "Meetup link!" it will take you to the page where we update all of our meetups :)

Come join us on Wednesday, November 1st as we hold our monthly REI Meetup at THE UNION in Old Town Roseville.

This month's guest speaker is fellow Real Estate Investor Darrell Mccollough, our in-house expert in Sober Living Environments! As well as Edward Alicante on Care Homes!

About our presenters:
During the pandemic, when everyone was closing their businesses, Darrell Mccollough opened up the first of many sober living environment businesses called Change Points. Darrell Shortly authored the ebook "How to Start a Sober Living in Four Weeks or Less, a step-by-step, blow-by-blow blueprint on how he launched, scaled, and marketed his SLE business and made upwards of 34,000 per month while helping those who were suffering from addiction, Homeless and those formerly incarcerated. Darrell didn't stop there - he single-handedly created what many are calling the greatest innovation to rental income ever Startasoberliving.com a four-step process that helps those with real estate property, increase their rental income by converting it into a sober living business. Darrell has exploded the number of SLE businesses in his hometown of Stockton California and now he is looking to go to small towns and large cities across America sharing his message that sober living businesses are the future.

Meet Edward Alicante, a dedicated real estate investor and care home owner.
After recognizing the need for quality care home services in the Modesto/Stockton, Central-Valley area, and developing the passion to fill that void, Edward -- partnering with his family -- have owned and operated residential care homes specializing in care for the developmentally disabled, since the early 2000s. Edward is a husband and father of three, and in his free time enjoys playing basketball and traveling.

As always, there will be ample time to Network and continue building your REI Dream Team. 

RSVP HERE --->> Meetup Link!

Important - Please be sure to come hungry and thirsty in support of the great local business that generously provides us our space. See you at The Union!

Post: The market is slowing in Sacramento

Nicole MastersPosted
  • Realtor
  • Sacramento, CA
  • Posts 242
  • Votes 147

Totally agreed, there's been such a huge slow down in the market. Thanks for providing these numbers! Great data

Post: Brand new to REI but wants to learn!

Nicole MastersPosted
  • Realtor
  • Sacramento, CA
  • Posts 242
  • Votes 147

Hey there! What a thoughtful question. I really like Set for Life by Scott Trench! That's the perfect one for someone that age.

Post: How to Fund Your REI Project via Infinite Banking + Networking

Nicole MastersPosted
  • Realtor
  • Sacramento, CA
  • Posts 242
  • Votes 147

Come join us on Wednesday, October 4th as we hold our monthly REI Meetup at THE UNION in Old Town Roseville!
This month's guest speaker is fellow Real Estate Investor Danny Brezac, our in-house expert in Infinite Banking!

About our presenter:
Danny Brezac has been married for 13 years to his beautiful wife Jen and they have two beautiful boys, Gino 8 years old and Nico who is 4 years old. He is an ex-collegiate athlete and he has brought his competitive spirit to the business of Financial Education and Leadership Development. His corporate sales background has not only provided them with the necessary skills and knowledge but has also instilled a sense of professionalism, discipline, and resilience, which have been vital in navigating the challenges of entrepreneurship and building a successful personal business.

As always, there will be ample time to Network and continue building your REI Dream Team. Important - Please be sure to come hungry and thirsty in support of the great local business that generously provides us our space. See you at The Union!

Sign up here to receive notifications about upcoming events!