All Forum Posts by: Nikoletta K.

This is great, thank you!

Great post, great resources! Thank you!

@Ryan H

One of the things I love to do is drive around and find properties that need TLC, and picture what they might be worth with a little fixing. There are quite a few places in Sonoma County that need extra attention, but my concern is that any and all attention (resources) are going to the neighborhoods affected by the fires.

To answer your questions about "me"- I don't need to drive by the rental frequently, as long as there is a camera that can record the progress and the people (GC, REA, etc) supporting the effort are trustworthy and reliable, I am OK with being at a distance. I would fly where I need to check in on the progress at least once or twice. My main concern is finding the team of individuals that can be trusted to work with me, long-distance.

What are your thoughts on Sacramento, CA?

@Jan H.

@Jan H.You bring up a very excellent point, which I've thought of as well, is that contractors would probably be very hard to come by right now or even 1-2 years from now. Not to mention getting permits approved would take a great deal of time as they are prioritizing those permits that are for homes/buildings affected by the fires.

Thank you both for your responses!

-Newbie Here-

I am just starting in real estate, and trying to gauge my market. I live in Sonoma County and to be quite honest, it frustrates me how crazy expensive and competitive it is here. Being wine country and the recent fires displacing so many people, I am conflicted with wanting to help my community by investing locally but at the same time, as my first investment I don't exactly know what the smart move is here. 

I plan to use some capital of my own but will need help/lenders' for the rest (I'm not sure which approach to use on this one quite yet but I'm researching as much as I can to figure it out). 

I am interested in primarily multi family, buy and hold, fix & flips, BRRRR, but open to others to gain experience.

My question is: Should I invest in Sonoma County or should I invest elsewhere?

Any advice, tips, and honesty is welcome!

Thanks,

Niki

That is beautiful! 

Can't wait to have an accomplishment like that of my own, one day!

-Niki

Thank you everyone! You all have such great and insightful things to say to help me on my way!

I think I will start by soaking up as many forums, podcasts, videos, and articles as I can and then I am sure I will have more questions.

I'm trying to balance this new found passion with the work in my MBA program, SO much reading all together! But I am excited!

-Niki

Hello everyone!

I was just introduced to investing recently at a Flipping Formula workshop. Although I didn't have the money to continue with their mentor-ship experience, I still became very interested in the concept of investing and all the pros that come with it. They introduced something called Wholesale Transactions (A-B-C transaction) which I would be interested in starting with to build my savings first. 

I wanted to join this community because I've heard great things from many people about it, and I want to gain as much knowledge as I can about real estate investing. 

Now, is there any advice anyone can give me as to where I start first?

Thanks and looking forward to getting to know this business and the people in it!

-Niki