All Forum Posts by: Scott Scoville

Hello!

My name is Giselle Toscano. I am based in Sacramento, California looking to start and pursue a career in real estate!

Any advice, tips, words of wisdom I am open ears!

Hi All, 

I have been researching real estate investing for a while and feel like the next step is to meet some investors in the area that I can learn from. I have not been able to find any in person networking events in my area doing a basic internet search. Does anyone have advice on how to find in person meetups? Or know of a meetup in the Sacramento/Folsom area?

Thank you,

Serena

We just completed 6-unit one bed one bath apartment in midtown Sacramento, CA

As we are considering doing MTR, your feedback on how to move forward with this plan is appreciated 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $175,000
Cash invested: $65,000
Sale price: $315,000

This was our second flip project located in Sacramento

Hi everyone, this is my first post! I found this forum through the audiobook Crushing It in Apartments and Commercial Real Estate.

I live in the Bay Area in CA, but have invested in Florida, where I fully own three townhouses bought over the past 10 years. They've been solid investments, with rising rents and property appreciation, but over the last 2 years, skyrocketing HOA fees and stagnant value growth have reduced cash flow. While still profitable, I'm exploring better opportunities and considering multifamily (MF) properties.

In my search for $1M properties (with $150K–$180K down payments), I've found that the NOI often matches the mortgage payments, leaving little to no monthly cash flow. I've focused mainly on Florida but have also looked at options in Sacramento and other slightly more remote locations in CA.

While I’m familiar with value-add strategies (ADUs, renovations or storage rentals), these seem like heavy lifts for modest gains. How do others manage to create positive cash flow from MF properties with debt? Any advice would be greatly appreciated!

Hey Guys. I’m interested in learning about buying and holding long term rental properties.

But I’m in a really messed up situation right now and looking for suggestions what would be the best approach to my situation in order to scale quickly. 
I bought a house a year ago. A house where me and my wife were going to live as long as possible. However my wife recently passed away and I had to move in with my in laws because of our 2 young babies. 
I decided to keep the house and rent it out, currently I’m out of pocket almost $1300 to cover for mortgage. 
I’m interested in buying more rental properties but first what would be the best approach for my current situation?

Thanks. 

Hi Sergey,

Are these meetups still active currently? I'm new to RE and I'm interested in attending some quality meetups. 

Thank you,

Courtland

Hey Biggerpockets people, 

My name is Rocco Forte, I’m 19 years old, currently in college, preparing to take and pass my real estate exam this December. I’m really interested in commercial RE, rental properties, flipping, investment, and possibly wholesale. As I’m interested in real estate, I feel like your success in this industry is about your connections as well as  having a good mentor. That being said, my question is how at young age do you make these connections? And how do I go about getting a mentor/ or even taken seriously with lack of experience? I’ve connected with some realtors through my cousin, even started taking some agent classes at KW just to meet some people and network more, also tried connecting with a local broker I know. I’ve been told that you just have to be persistent even to the point where it’s annoying to get noticed, even had one guy tell me that he would go around telling a real estate brokers or other people in the field that he would work for them for free. Anyways I’m just curious to hear your thoughts or experiences! Thanks! 

Hi,

My name is Shannon, and I have been listening to BP for a few weeks now and reading Rental Property Investing, where they talk a lot about BP and the benefits behind being a member. So here I am, just got my Real Estate License and want to start investing next year in both rental properties and flippers so I am here to get advice, network and try to figure how all this works. All advice is greatly appreciated so I can grow and learn and then be able to do the same for others in the future.