All Forum Posts by: Omar Ruiz

I agree Alex, 2009-2013 were great times. 

Sure, I'm open to talking with you. Let me know if your available tomorrow Tuesday between 10-12pm.

Assessment has no bearing on your offer. Base it on your numbers. What your finding is not uncommon.

You will definitely get a lot of useful information.

I've got a 13 unit in San Bernardino and just sold my sixplex. I used to manage properties as far as Banning and sold some short sales of Temescal Rd. I'm speaking about my experience on June 18 in Fountain Valley. Check my website for the info or go to my meetup site here. 

Check out the blog on my website. There's some useful info on investing out of state.

To your Success!

REAL ESTATE MARKET CYCLES

Do you wish you bought real estate in California when it could cashflow, between 2009-2013?

Do you know why real estate values in California spiked soon afterwards?

ITS THE MARKET CYCLES

But guess what? The same cycles that California goes through, happens in other markets across the country and you can take advantage of it.

Omar Ruiz is a commercial real estate investor and property manager, that’s been doing deals locally and in two other states and will be talking about how he uses the market cycles to guide his investing strategy.

Why real estate market cycles are important to your real estate investment activities and how the market cycle can help and hurt you.

What are Emerging Markets

When to get in and out of your market

How to keep an eye-out for changes in the market cycles

Different strategies to apply for different market cycles

How the expansion phase of the market cycle gets going

What causes the decline in the market cycle

The sources of information to know what phase of the market cycle you’re at

This will be an informative presentation covering a topic that is important for real estate investing.

As a bonus Omar will share one of his techniques for using the U.S. Census website to research distant out-of-state markets. This technique is something no one else knows how to use because he didn’t learn this from any real estate person but in college in his market research studies. This one technique could take the fear out of exploring other markets.

$20 fee at the door.

For RSVP and Event Info 

Leave comments below

30 days

include at least an inspection contingency and financing contingency along. I'm not sure if they allow you a duediligence period on residential purchase but if they do get it.

Good luck 

I've never heard of smaller residential lenders offering non-recourse loans as its based on borrowers credit. It's mostly offered in the commercial space with gse lenders. 

If you do find someone, please share as I'm sure everyone would like to know. 

I don't think you can have them sign your contract before you take ownership. Most contracts have a clause stating that after the lease period ends, it turns month to month - verify this. After you take ownership you can have them sign your new contract.