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All Forum Posts by: Renee Harris

Renee Harris has started 20 posts and replied 206 times.

Post: Bank of America announces zero down payment loans

Renee HarrisPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 216
  • Votes 110
Oh boy....

Post: New Western Acquisitions relationship

Renee HarrisPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 216
  • Votes 110

search new western on biggerpockets... There are many threads. The woman that stated the NW preys on new investors by rushing them etc... That has been my experience. They always call at the last minute talking about they have some great deal, but I HAVE, HAVE to see it today and put an offer in ASAP.


What trips me out, is they way overbid on a couple of houses I was in negotiations with the seller on. It's a trip to be working and talking with a seller and then they all of a sudden say " I got an offer for XXXXX more." Then open my inbox and see the same house in a new western email. I'm not mad at them, I just have my number that I won't go over.

Post: Househacking in LA on single income public school teacher salary?

Renee HarrisPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 216
  • Votes 110

Hi Kara,

Welcome!

Before I answer... How much money could you come up with in cash and what area would you prefer to live in?
Also, do you have any friends or family that are handymen/women, i.e. could help fix up a fixer house?

Post: HONEST opinion on 20 y/o Real Estate job 🫣😬

Renee HarrisPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 216
  • Votes 110
What does reddit say? LOL PM me the link if you don't want to post it here.

Post: Beginner investor, how to get a mentor

Renee HarrisPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 216
  • Votes 110

Welcome Melissa! Always glad to see a woman get into real estate investing. Well, anyone really, but especially women and women with their own money!
I am just speaking from my experience so take this for what it is worth.

I would avoid a mentor I have to pay and look for one I can partner with or work with after you figure out what you want to be doing exactly. If you want to start investing in multifamily properties, then I would listen to every podcast here and online I could find from people who did it/doing it. Are you going to be a passive investor or hands-on? How much money do you have to start? How much time can you commit daily, weekly. Do you want to find the properties or someone to bring them to it? Will you buy off the MLS or want off markets? All these things will be a factor and you should be clear on those things.

Start looking through threads here for the topics you are interested in. Befriend people here from your hometown. Go to meetups in your hometown. Find REI groups in your area. Set alerts here for people mentioning your hometown and for MF investing.

Good luck
Renee

Post: First Syndication Deal

Renee HarrisPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 216
  • Votes 110
Quote from @Ryan Tuttle:

That IRR seems somewhat unreal, in all honesty. We structure equity with IRRs in the 15%-20% range.

Would love to see the deck and model


THIS, THIS AND THIS! Can you share the deck? Even if in private? 

Post: Sourcing Property Owner Information

Renee HarrisPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 216
  • Votes 110

Reach out to a Title company and ask them in exchange for bringing deals to them if they'll let you have access to title pulls. you'll still need the phone numbers, but truepeople is good enough.

Post: Any superb property manages one would recommend?

Renee HarrisPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 216
  • Votes 110

Hit me up to discuss.

Post: I am new to REI and am looking to network in SoCal area.

Renee HarrisPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 216
  • Votes 110

Hit me up. I could always use a cold caller if you want to get your feet wet.