All Forum Posts by: Ryder Meehan

RSVP on Meetup HERE

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Property management is one of the most important and - and most overlooked parts of real estate investing.

This month we present on the *realities* of managing residential, multifamily, self storage and even flips at the <300 Unit level. If that is the sphere you operate in, come and learn from our mistakes and triumphs.

Learn what we experienced with self-management, "professional" management and anything in between. And we bet you have a story or two of your own to contribute...

There are tons of great podcasts, blogs, books and guru's covering how to find, analyze, buy and add value to real estate deals.

However, as they say, "Execution is Everything"! And that is where the information that the above sources provide gets to be spotty, non-existent or outright delusional. These seem to be the general expectations:

Myth Version #1:
You find a deal, negotiate it, sign a lot of boring paperwork... You contact your new tenants, you guys sit down as reasonable adults sings the contract.... ***And you are all set for monthly checks in the mail and the occasional friendly service call***

Myth Version #2:
You find a deal, negotiate it, sign a lot of boring paperwork... Then you toss the keys to a professional property management company who will start executing on your great plan ***and money will start pouring in while you enjoy the good life***.

Myth Version #3
It is cost/time effective for me to setup elaborate systems to to audit and steer management - and management will appreciate the help:).

So here is what you can expect to take away:
~ First off, a few debunked myths:)
~ Learn why to Self Manage, or NOT
~ Explore why you should have professional management or NOT
~ Do a cost benefit analyses of management
~ Discuss the inherent limitations of 3rd party management
~ How to manage management - in the real world
~ And of course, some great war-stories:)

AGENDA:
• 6:30 PM - Networking with food and drink sponsored by:
Roof4all (http://roof4all.com/) who offers private lending opportunities we use ourselves
And: The Entrust Group (http://theentrustgroup.com) who are also our own SD IRA custodians.

• 7:00 PM - Complementary SF Bay Area Real Estate Market Overview! (Courtesy of Venue Sponsor Compass Real Estate)
• 7:10 PM - Main Presentation.
• 8:15 PM - 20 Second Member Introductions & Want/Need Elevator Pitches.
• 8:30 PM - On-site networking

LOCATION:
New location @ 600 Townsend St! This new venue is sponsored by Marcus Lee from Compass Real Estate SF Bay Area https://www.compass.com/agents/sf/marcus-lee/

YOUR HOSTS
Residential, multi-family & self-storage owners, deal syndicators, private lenders and all round real estate aficionados:

Chris
https://www.linkedin.com/in/chris-vandervaart-72910093/
&
Ryder:
https://www.linkedin.com/in/rydermeehan/

RSVP on Meetup

***NOTE: New location! We're now hosted by the Compass real estate office at 600 Townsend St San Francisco, CA 94103***

What is the single biggest expense for most real estate investors? Your "silent partner" the tax man is probably taking 30%, 40% or more of your hard earned profits this year.

This month we'll share some practices you can use to limit your tax bill by maximizing your deductions and setting up proper entity structures, as well as understanding and taking advantage of last years Trump Tax Reform.

Here is what you can expect to take away:
~ Tips for expense tracking - lost receipts and forgotten expenses are basically like losing dollar bills. We'll share some best practices to simplify your expense tracking and make sure you and your account have everything you need come tax season.
~ What the Trump tax plan means for investors - this especially impacts California property owners
~ When and how to use entities - business structures like LLC's can offer tax advantages and liability protection.
~ Maximizing deductions - tactics and strategies to reduce your tax obligations while staying compliant

AGENDA:
• 6:30 PM - Networking with food and drink sponsored by:
Roof4all (http://roof4all.com/) who offers private lending opportunities we use ourselves
And: The Entrust Group (http://theentrustgroup.com) who are also our own SD IRA custodians.

• 7:00 PM - SF Bay Area Real Estate Market Overview (Courtesy of Compass Real Estate)
• 7:10 PM - Main Presentation.
• 8:15 PM - 20 Second Member Introductions & Want/Need Elevator Pitches.
• 8:30 PM - On-site networking

YOUR HOSTS
Residential, multi-family & self-storage owners, deal syndicators, private lenders and all round real estate aficionados:

Chris
https://www.linkedin.com/in/chris-vandervaart-72910093/
&
Ryder:
https://www.linkedin.com/in/rydermeehan/

IMPORTANT UPDATE: EVENT LOCATION CHANGED, the new location is 600 Townsend St / San Francisco, CA (inside Compass Real Estate Office)

NOTE: New location! We're now hosted by the Compass real estate office at 600 Townsend St San Francisco, CA 94103

🏠 RSVP Now on Meetup: 

Great deals are not "found", they are created!

The number one question we get asked is: "How do I find a deal?"...

I think the idea folks have is that there are investors out there that despite the hot market and the availability of money, are ready to give away real estate worth anywhere from hundreds of thousands of dollars to millions - for pennies on the dollar...

If you are one of the people waiting for a deal like that to come along - we wish you all the best!

Meanwhile in reality, we believe that there are still "deals" out there. In fact we bought over $3M worth of real estate last year that you could have bought too:). So why did we buy where others saw no value?

We found that in today's market the difference between a deal and no deal is *solving a problem*. And the best problems for you to solve are problems that the seller does not even know exist!

This month we are going to get you thinking about more creative ways to create value that actually makes the property worth the purchase price - we will dive into the concept of "Value-Add". Contrary to what some people think, value-add is a broader than installing granite counter-tops or adding a bedroom. In fact, the best value-add is changing the very way the investment vehicle is being used...

We are going to go over some examples that we used ourselves and some that we would like to get into and will explain what we think works best - and what does not work and why.

So if you want to learn more about how you can make a base-hit into a home-run, join us this month!

And I have not even mentioned the free food, drink and networking opportunities:)...

AGENDA:
• 6:30 PM - Networking with food and drink sponsored by:
Roof4all (http://roof4all.com/) who offers private lending opportunities we use ourselves
And: The Entrust Group (http://theentrustgroup.com) who are also our own SD IRA custodians.

• 7:00 PM - Main Presentation.
• 8:00 PM - 20 Second Member Introductions & Elevator Pitches.
• 8:15 PM - On-site networking
• 9:00 PM - Optional advanced "free-range" "wet" networking

YOUR HOSTS
Residential, multi-family & self-storage owners, deal syndicators, private lenders and all round real estate aficionados:

Chris
https://www.linkedin.com/in/chris-vandervaart-72910093/
&
Ryder:

https://www.linkedin.com/in/rydermeehan/

RSVP Now on Meetup:

Great deals are not "found", they are created!

The number one question we get asked is: "How do I find a deal?"...

I think the idea folks have is that there are investors out there that despite the hot market and the availability of money, are ready to give away real estate worth anywhere from hundreds of thousands of dollars to millions - for pennies on the dollar...

If you are one of the people waiting for a deal like that to come along - we wish you all the best!

Meanwhile in reality, we believe that there are still "deals" out there. In fact we bought over $3M worth of real estate last year that you could have bought too:). So why did we buy where others saw no value?

We found that in today's market the difference between a deal and no deal is *solving a problem*. And the best problems for you to solve are problems that the seller does not even know exist!

This month we are going to get you thinking about more creative ways to create value that actually makes the property worth the purchase price - we will dive into the concept of "Value-Add". Contrary to what some people think, value-add is a broader than installing granite counter-tops or adding a bedroom. In fact, the best value-add is changing the very way the investment vehicle is being used...

We are going to go over some examples that we used ourselves and some that we would like to get into and will explain what we think works best - and what does not work and why.

So if you want to learn more about how you can make a base-hit into a home-run, join us this month!

And I have not even mentioned the free food, drink and networking opportunities:)...

AGENDA:
• 6:30 PM - Networking with food and drink sponsored by:
Roof4all (http://roof4all.com/) who offers private lending opportunities we use ourselves
And: The Entrust Group (http://theentrustgroup.com) who are also our own SD IRA custodians.

• 7:00 PM - Main Presentation.
• 8:00 PM - 20 Second Member Introductions & Elevator Pitches.
• 8:15 PM - On-site networking
• 9:00 PM - Optional advanced "free-range" "wet" networking at the "Hotspot Bar" Just Down the Street!

YOUR HOSTS
Residential, multi-family & self-storage owners, deal syndicators, private lenders and all round real estate aficionados:

Chris
https://www.linkedin.com/in/chris-vandervaart-72910093/
&
Ryder:
https://www.linkedin.com/in/rydermeehan/

RSVP HERE!

This month we have a guest speaker! Kent and his Company "Roof 4 All" are specialists in Section 8 real estate investing across the country.

Section 8 is a government housing program in which the US government pays the majority of the rent for qualifying tenants. This provides reliable rental income and a steady stream of renter applicants.

At Roof 4 All Kent is responsible for acquisitions and logistics to manage hundreds of properties in multiple mid-western markets simultaneously.

Over time Mr. Mak and his management teams have “cracked the code” to large scale scattered site redevelopment in blighted areas, providing affordable housing and recycling properties in neighborhoods that were cast aside.

Through experience, scalability and by developing best practices, Roof 4 All has been able to generate higher than average returns in investment portfolios generally avoided by investors with less operational expertise

In addition to spending many years working with affordable housing and student housing, Kent has developed supply chains to directly import construction materials directly from China to lower construction costs on large scale projects.

Join us this month to learn more about Section 8 Investing, Kent, and learn how you can participate in the windfall Roof 4 All is creating by doing good. I know I do;).

AGENDA:
• 6:30 PM - Networking with pizza and beer/wine sponsored by Topstone Investment (http://topstoneinvestment.com/)!
• 7:00 PM - Main Presentation.
• 8:00 PM - 20 Second Member Introductions & Elevator Pitches.
• 8:15 PM - On-site networking
• 9:00 PM - Optional Advanced "free-range" "wet" networking at the "Hotspot Bar" Just Down the Street!

RSVP HERE!

YOUR HOSTS
Residential & Self storage owners, investors and affectionados:

Chris
https://www.linkedin.com/in/chris-vandervaart-72910093/
&
Ryder:
https://www.linkedin.com/in/rydermeehan/

We each did a large commercial deal late in 2018. Now that the initial dust has settled we thought it would be a good time for to share what we learned during the process so far.

If you are considering investing in real estate and commercial real estate in particular this will be your chance to learn from our mistakes and successes!

The first half of the presentation will be about Ryder's 210+ unit boat and RV storage facility project in Texas.

The second half will be about Chris' $2.5M apartment complex project.

The presentation will focus on the acquisition and stabilization phase of these projects.

AGENDA:
• 6:30 PM - Networking with food and beer/wine sponsored by Topstone Investment (http://topstoneinvestment.com/)!
• 7:00 PM - Main Presentation.
• 8:00 PM - 20 Second Member Introductions & Elevator Pitches.
• 8:15 PM - On-site networking
• 9:00 PM - Optional Advanced "free-range" "wet" networking at the "Hotspot Bar" Just Down the Street!

YOUR HOSTS
Residential & Self storage owners, investors and affectionados:

Chris
https://www.linkedin.com/in/chris-vandervaart-72910093/
&
Ryder:
https://www.linkedin.com/in/rydermeehan/

@Darson Grantham - aaahh, you got me - sick burn!

Details

Why DO we love self-storage so much? Is it the fact that we have no tenants? The low price elasticity (stickiness) of the customer base? Or is it because "turns" are almost free? Maybe the way customer can rent and interact 100% online? Or is it the fact we can quickly auction the contents of units belonging to non paying tenants?

Join us this month as we discuss why we love the self-storage niche so much! This month we promise to take it easy on the numbers and ratios and focus on the concepts instead.

Bring your self-storage questions and be ready to fall in love with this asset class - who know metal boxes could be this sexy...:)

RSVP Now

AGENDA:
• 6:30 PM - Networking with pizza and beer/wine sponsored by Topstone Investment (http://topstoneinvestment.com/)!
• 7:00 PM - Presentation.
• 8:00 PM - Member introductions & elevator pitches.
• 8:15 PM - On-site networking
• 9:00 PM - Advanced "free-range" "wet" networking at a bar just down the street!

ABOUT THE SPEAKERS:
This month's presentation will be by your hosts:
Self storage owners, investors and affectionados:

Chris
https://www.linkedin.com/in/chris-vandervaart-72910093/

&

Ryder:
https://www.linkedin.com/in/rydermeehan/

Details

Structuring your real estate investing is more than just using LLCs for asset protection or planning for tax reduction - it also requires understanding that investing is a business. Join Clint Coons, a nationally recognized attorney, and real estate investor as he breaks down the many aspects of investing to ensure your assets are protected, taxes are being minimized but more importantly, you are structuring your affairs properly so you can grow your investing.

Join us and learn the basics of how smart investors structuring their assets and estate in order to minimize your taxes, protect their assets and create a legacy!

AGENDA:
• 6:30 PM - Presentation
• 7:30 PM - Questions
• 7:45ish PM - Get on with the rest of your evening as a wiser version of your old self!

ATTENDEES MUST PREREGISTER AT:
https://zoom.us/webinar/register/WN_CjJSWfItR-WEeDLlx0eR7A

ABOUT THE SPEAKER:

Clint Coons, Esq.
Founding Partner, Attorney, Author & Real Estate Asset Protection Expert

Mr. Coons is a founding partner of Anderson Law Group and current manager of Anderson’s Tacoma office. After graduating from the University of Washington with a business degree, Mr. Coons began his career in construction. Giving up the hammer for a gavel, he graduated from Seattle University School of Law in 1997.

Mr. Coons’ book, Asset Protection for Real Estate Investors, has brought him national recognition as an expert in protection and tax planning for real estate investors. A real estate investor in his own right, Mr. Coons’ practice involves the structuring of land trusts, limited liability companies, and other business forms to shield investors from the myriad of challenges facing them in the new economy.

Mr. Coons is noted for his unique ability to take a complicated law or structure and explain it in crystal clear terms. This, combined with his dynamic speaking and on-camera personality, has made him a favorite at asset protection and tax-related programs across the country.