All Forum Posts by: Eoin Matthews

while @steve b. is removing his tongue from his cheek, there are a few different ways to look at sf/bay area in the long term. if you are looking for relevant metrics, it's pretty easy to do some modeling based on zillow's published research data -- it will let you get pretty granular so that you can compare zips in areas that might have similar urban/suburban growth disparities in recent years (esp nyc, la).

@Ryan -- interested in any updates on this thread and what you found.

Am wondering how to start working on my next deal now that I'm finished with renovations/upgrades on my current property but it isn't yet on market. Listing + closing + getting the money will take another 2 months (minimum). Have my eye on my next deal and (since I'm not an agent) there's not a ton for me to do in the sales process of the current property. Bunch of questions:

a) How are BP'ers generally handling the period in between renovations and selling? 

b) Do you sit it out waiting for your next capital injection from the sale? 

c) Are you budgeting for staging? Out of your own pocket or is that financed?

d) Or do you have separate financing to move onto the next project before the current one sells?

Any time someone casually drops "Roy, I owned a sawmill at the time..." into a sentence, I know it's time to pay special attention. Thanks for sharing the wisdom, Gregg.

@micah is right -- start with meetups and take it from there.

That said, it's going to be hard for most investors to start with a community when you're not bringing any capital. If you need someone else's capital to get some wind in your sales, start with a more modest goal that you can reach in the short term. It will be easier to proceed to larger projects/financings when you've some successful projects behind you.