All Forum Posts by: Shivam Bhalla

Yes. I just bought a duplex there. Rented it out for double of mortgage, found rentere quickly. I recommend it. 

Thanks! Actually I can probably build out a working prototype within a month. 

Good points there. Regarding Zillow rental estimates, any recommendations for a more reliable tool? I have used rentometer and it feels pretty good. 

As far as the repairs cost you mentioned, totally understand where your coming from but I guess if this was to be built, yes it won't be 100% based on the condition of the property but will give you a rough idea of the possible return on it so you can do your own research once you go to the listing.

Appericate the feedback tho, I'm not very serious about this idea, just wanted to hear peoples thoughts on it.

Hey guys, I am very new to real estate but I am a software engineer by profession. I recently got into real estate and I wanted to invest out of state but I soon realized that good deals go fast and the current process of finding good deals is quite tedious. You have to spend hours out of your day browsing real estate sites, crunching numbers in spreadsheets, and then finally you might find something worthy to look into BUT wait! now it's under contract, UGH! Yes, the frustration is real and very annoying.

So what if there was a website, where you simply provide where you're looking to invest and then it will find all listings in that area that have a good ROI and email them to you as well as if any new listings come out, it will email those to you too. It would also breakdown how it reached that ROI and you can always customize the calculation to your liking so it finds the right match for you. Then you can just visit that listing on Zillow or whatever you like and see if it's worth investing. I actually already built a chrome extension that does the calculation for any listing on Zillow for you and it's on the chrome store already and it's free.

Was wondering what people's thoughts are on this? Would it be useful or not? Personally I would use it myself but I am not sure if others find it useful.

@Jason Goretzki Will check that out! Thanks man

Are you guys aware of any good research apps or tools for market research? If we dont have a good one, anyone who has some expertise in this industry, we can partner up and I can build out an app to help us all out!

Awesome thanks @Brenden Mitchum. 

Hello BP members!

I am a first-time real estate investor and I live in an expensive area (bay area) and I am looking to invest in properties outside of CA. I have a good amount of cash saved up and looking to hear from experienced investors about where they invest if they invest out of state. I am also wondering if anyone can recommend any good research tools for investing in out of state properties, which I personally have had a tough time finding myself (side note: I'm a software engineer by trade so if something good does not exist, ill be happy to build something out for the community)