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All Forum Posts by: Shane W.

Shane W. has started 31 posts and replied 170 times.

As inspiring as it is to hear how well people conduct their business and listen to their success stories, it would also be good to hear some more from the members who have made various levels of mistakes that everyone can learn from.

Post: Vistaprint business cards for a newbie investor

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

I've used Vistaprint before for business cards and to be honest they weren't the greatest quality, even though I paid for the premium cards.

Yes they are cheap, but they look cheap. I always felt embarrassed handing them out.

The better quality ones really aren't a whole lot more expensive if you shop around and get a small quantity.

Post: Podio CRM

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

Ben Grise might be able to help.

http://www.biggerpockets.com/users/BenGrise

Also while I'm here does anyone know how you @ someone if they're not already in the topic thread? Or do you have to be connected with them?

Post: Newbie in Los Angeles!

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

Hi Ami,

Welcome to BP and also the "I live in LA but can't afford to buy in my own backyard" club.

There's so much information on this site and also the podcasts but also there's some great books out there too.

http://www.biggerpockets.com/renewsblog/2013/04/14...

I really liked the Millionaire Real Estate Investor and also the ABC's of Real Estate Investing, even though it's for multi-family properties I found some great info throughout.

Good luck!

Post: Another Bubble on the Way?

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

Will this mean that a lot of those sub $100k homes will be snapped up by low income buyers and therefore taking them away from investors who already dabble in that price range?

Post: The iOS BiggerPockets App is Fixed!

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

@Joshua Dorkin is there any chance of adding the ability to send and receive emails through the app?

Post: The iOS BiggerPockets App is Fixed!

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81
Just updated to the latest version and it's all good for me. Posting this from my iPhone now.

Post: What's the best generation to target?

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

Thanks guys. 

As I keep discovering the answers to all my questions is research, research and more research!

What websites are the most useful for working out demographic targeted questions?

Post: What's the best generation to target?

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81
Originally posted by @Gerald Harris:

The answer is supply and demand

For that matter, you have a large number of people retiring that are looking for rental property.   Santa Monica CA has a different market and makeup than Atlanta GA.   Or, if you have a property near a college, you may target college students (Parents) as opposed to retirees etc.....    Find the are that you are focusing on.   Call 3 management companies in that area and ask them what is their greatest demand.  Also call 3 real estate professionals in that area.   They their areas and understand their markets

 Thanks Gerald. Yeah I guess the biggest problem I'm having is finding the right area to pursue. I'm looking to buy and hold so anything in my neighborhood is well out of my range. Finding these areas is the challenge for me, especially as it's more than likely going to be out of state.

Post: What's the best generation to target?

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

So I keep reading how retirees are targeted as tenants for rental properties. What percentage of retirees have to rent? Maybe it's because their 401k didn't perform as expected? Or maybe they've always rented because they could never afford a house?

We still have approximately the next 15 years of Baby Boomers hitting that retirement age. Apparently that's 8,000 new retirees a day pondering what to do now. Should they relocate to a better, preferably warmer climate or stay put?

Or how about the new family who can't afford to buy a house, so they need to rent for an extended period of time until they have saved up enough for a down payment.

And then of course there's the people who can never afford to buy a home so they will always be renting. But then that doesn't fall into a generation as it's throughout their whole life.

Who's the best generation to be catering for or does it vary city by city, state by state?

Is there a clear cut answer?