All Forum Posts by: Richard Reyes

@Sherief Elbassuoni appreciate you reaching out! I have some possible deals in the pipeline, anyway I can message you over some details and figure out what deals are favorable to you ?

Good morning/ afternoon BP Family. I am currently looking to network with individuals in the Washington State area, Tri Cities more specifially, to bounce ideas and talk deals with. Would love to hear back from anyone interested in working. Thanks, and Happy Halloween 🎃

@Gene Hacker great! Thanks Gene!

Which area of Bakersfield would you say is up and coming ?

@Lindsay Pascoe hello Lindsay! Got to love that wine Country in Paso! Maybe we can connect on a deal in Bakersfield

Good evening everybody, I am making this post to connect with individuals located in Kern County. I am an investor and would love to chat with anyone located in the area. 

Please feel free to reach out! 

@Allen Maris thank you for the response!

I completely agree, I have thought that exact thing!

I’m curious, when you look for properties do you base your decision on appreciation ? Or cashflow ? In Lompoc the mortgage on a property at 3.5-7% down is anywhere from $2000-2300. Where rent is at $2,100 in a good neighborhood. Are you experiencing this as well?

Hello BP Fam!

This is my first official post as a BP community member. I live near Santa Barbara, California in a town known as Lompoc. I am 23, I have a degree in Business Administration.I currently work as a finish carpenter and have been working construction in both commercial and residential settings for 2 years. While working in the field I always tell myself to work smarter not harder and I feel this is the same for real life. I know for many of us real estate falls under that same ideology. For me it will reduce the amount of wear and tear on my body and it very well can put me on a path to early retirement, and is financially proven to provide higher return than even the stock market. 

Where I live houses are ranging from 280k-350k for your typical SFR.I have enough saved to put down about 15%, leaving me with about 3 months in reserve. I plan on house hacking my first year then transitioning it into a complete rental, I am just waiting for a good deal to come on the market.

Aside from construction for the past 6 months I have begun to grow my network in the wholesaling realm of real estate. At one point I had 3 properties that I brought to a few investors/ cash buyers that I had got in contact with through my network and by the time they decided to pull the trigger it was to late or the price they offered was a low ball offer out of greed. I am looking to network with new individuals both wholesalers and investors to get some future deals locked in. Please feel free to reach out at any point! Thanks & hope to hear from you soon.