All Forum Posts by: Omar Merced

@Devon Garbus Are you taking hotel money or strip mall money it makes a big difference? I have access to some high end stuff that but the returns are really low. The hotel deals are in the high end law firms out here. It's really quite hard to get in the click but if your buyer is the real deal we can get him in.

I dont know if anyone sets out to buy and hold D properties. I think it just happens. I have managed and been involved in some crazy situations. It is not for the faint of heart. That being said in my opinion some of the best cash flowing is in D property 

@Jason V. I'll do my best. Not a great diary guy. When I posted this I didn't know it was going to attract so much attention. Now I feel some pressure. You are a poet what you say is absolutely true it is all a matter of what you know.

@Rob S. Thx. We'll see.

@Jeffery Waicak Don't let this stop you. Do whatever it takes.

@Jay Hinrichs Monday might work, let me know what time is good.

Hi Glen. I lived in Olympia for six years. What are your goals? Are you looking for cashflow or quick returns? It makes a big difference. As Brandon stated don't put too much out there and make sure you vet the people that you are partnering with. Every investment has a risk. Make sure you don't invest more than you would be willing to lose. Even with your amount there's a lot of opportunities out there and there's a lot of creative ways to make it go the distance. In the midwest you could buy 2 properties.  Reach out if you have any questions. This is all I do.

@Jay Hinrichs I'm in San Diego for the weekend let me know if you around on Monday or Tuesday and we'll go grab drink. I couldn't of said it better. This is not for the beginners.

@Emma Morris Thx. Make sure you are following the forum to get updates.

@Thirumalai Satish Thx

@Chad Olsen Thx. I'll be posting all the numbers. Good and bad.

@Jeffery Waicak You're closer than me. Come out and take a look.

@Account Closed Thank you guys for making an awesome site!

@Wendell De Guzman You're coming with me next week. Can't wait. It's going to be a blast.

Hi Linh. Welcome to BP. You've started in a great place. Here you will be able to find several experts in every real estate arena. As I tell everyone here, make sure you find and attend every local real estate investor meet up and meet as many people as you can. Educate yourself as much as you can and then do something. Learn some more and do again. You'll find that like anything practice will make you better. If you need anything feel free to reach out I am an active real estate investor and it's all I do. 

Wishing your success,

Omar

@Jared Delaney Thx. Definitely nothing like NYC, what cash flow is cash flow. This is definitely high on the risk Spectrum but as you know those are the ones that have the highest reward.

@Matthew A. It is almost impossible, almost. The only thing that changes neighborhoods, in my opinion, is money. Once the surrounding owners see the rents and home values go up it is the number one driving force behind any neighborhood change. This one is not that bad. It just needs some love.

Remember to follow this forum so you can get updates. I'll be posting all cost directly associated with this property from travel to LLC formation etc.

@Salvatore Lentini Not sure why you weren't mentioned in the last one.