All Forum Posts by: Robert Campbell

This was a good article. I would like to talk more into depth about the current state of the economy. My goal since the start of the year is to live in one unit and rent the other(s) out (House Hack). I am a realtor and investor in California. Over the last three years Ive learned about real estate and now Im ready to take the steps to own my first multi unit property. The last three months I've been learning about wholesaling to gain a different perspective on how to find discounted properties. Since the pandemic hit a lot of home owners that Ive reached out to have said they want to wait to sell their property until after the pandemic hits. 

I would like to talk more about the perspective of the current state of the economy and strategies about acquisitions goals in the real estate field. 

Robert Campbell DRE#: 02067990

Best Regards, 

Hello Bigger Pocket members I’ve taken on managing a couples real estate portfolio. Two of the properties are located in Lomita and Torrance CA. We’ve had previous meetings on some of the needed work and what they are looking from me to help co-manage their properties. The conclusion of the meeting was for to create a proposal on my plan of action to accomplish their goals. I’m looking for contractors before my next meeting with them because I want to get familiar with me and my clients to build a working relationship

Hello Bigger Pockets members! 

Im looking for some insight and different perspectives on what you'll do if you were in my shoes: 

So first off, I'm a new real estate agent. I received my real estate license back in August I have found a broker who I would like to build a working relationship to learn everything I need to know to become a great agent and to be a successful real estate investor. He is a real estate broker here in California and a real estate Lawyer in Chicago. We collaborate weekly on ideas and strategies and we are opening our office in March of the coming year.

Im currently still enrolled in Cerritos college to receive my AA in Real Estate and take the courses needed to get my brokers license. In this time frame I've also been learning everything I can on how to become a successful real estate investor. Wither thats being on bigger pockets, listening to pod cast and reading J Scott's Book on Flipping Houses and Estimating Rehab Costs, and learning how it would be managing tenants. Im always on Zillow or Realtor to see what the multi units are priced at and the cities surrounding me. Last month I scouted for 2 weeks a 6 unit 1 bed 1 bath each unit for $450k in the city of South Gate closer to Downey. What I noticed that my investor eye is getting better because the property was sold by the time I could figure out how to get the finances for my first house hack. 

Over the course of me taking the courses to get my real estate license, Ive built a relationship with a couple who have a real estate portfolio consisting of three properties (one of which is a duplex) here in the city of Los Angeles. We've been talking about me helping them co-manage their property with them. Speed everything up to now, we've all ready had two meetings. The first meeting was with just the wife to discuss how many properties and where they were located and to give her a written presentation on how I would manage an 18-unit multi-family property (which was an assignment from my property management class). The husband really liked my presentation, and we set up a next meeting with them both and the conclusion was for me to create a proposal for them on what actions needed to be done in order to meet their portfolio's needs, and also what I feel I should be compensated. Ive completed the proposal and were meeting next week.

Everyday in class we discuss the condition of the market and the possibility of, if and when the market would crash. So Im thinking, should I wait, save as much as I can and try to find deals I can have more capital to invest? Or should I just always keep in mind that there is always a good deal out there waiting to be found and find me a hard money lender now? 

Bigger pocket members, WHAT WOULD YOU DO? 

Good morning my Fellow BiggerPockets members. I’ve been building a relationship with this couple for the past year. They have been talking about me managing their real estate portfolio for some time now. I earned my real license here in the Los Angeles CA this past August. Since then we’ve met and discussed how they want me to help co-manage their property. Now I need to build my circle of influence. I was wondering if there were any contractors or handymen who would be taking in new clients in the city of Torrance, CA and Lomita, CA

Can you add on to a single family home, making it a multi family home using a 203k loan?