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All Forum Posts by: Account Closed

Account Closed has started 7 posts and replied 133 times.

Post: Noob with questions

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

@Benjamin Molina

It was an appreciation play and likely putting their cash in a safe haven.

There is a lot of speculation on Midtown area at the moment with the new arena and new property developments going up. 

Let me know when you're ready to buy - I'm a local agent and can find you some deals. 

Post: Local Investment Loan Advice

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

Hey @Amir B.

I'm a local agent - feel free to email me - I can find you some decent MFHs to evaluate and potentially buy.

Post: do i have to move out of California ?

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

@Jay P. I couldn't agree more with @Chris V. on this one. 

I see a lot of people trying to plan out the next 5 years when they haven't started yet. Get started and I can guarantee you after a deal or two your whole perception will change because you've gained a little experience. Your 5 year plan will change with time and experience too.

Moving out of state is a very big decision, I am assuming. Try doing some real estate investing from where you are at now (be it in or out of state) to ensure you're in it for the long haul.

Post: Fix b Flip

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

@Conor McAleer In order to get an offer accepted on a listed property that is priced right you'll need an all cash offer, with no contingencies. At least this is what I am experiencing as an agent that represents both buyers and sellers in the Sac area. 

The Sac listed market is competitive with investors overpaying for fixers - squeezing profit margins thin.

Post: MLS help

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

@Gerald Jordan Hey There,

Why do you need cash buyers? I'm a local agent and have access to the MLS... Let me know if I can help?

Post: New member from San Francisco, California

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

Hey @Paul Ryan!

I am a local agent in the Sac area and come across properties every now and then. Feel free to email me to see if we can find you something here

-Sophia Morris

Post: Back In the Game in Sacramento, CA

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

@Amanda Lawson So nice to meet you! It sounds like you've had some great success so far. 

I am a local real estate agent in the area. Feel free to email me so we can connect and potentially get a coffee.

Sophia Morris

Post: New in Sacramento

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

Hi @ANTHONY STERLING

Welcome to the forums! It's great to see yet another person in the Sacramento area on BP. 

I am a local Real Estate Agent, and work with all types of investors. Feel free to reach out to me with questions or to meet up and chat about the local market.

-Sophia

Post: California cities for beginner investors?

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

Hey @Rob Pelayo and welcome! 

I am a local agent/investor in Sac. I initially got my license to use for myself. I earned commissions off of properties I purchased for me.

I started doing real estate full time as an agent and use my license everyday now. But I would agree with @Jake Knight on this one - If you're looking to purchase just one or two properties a year I'm not sure it would make financial sense to do it. Besides paying about $600 to get your license there are quarterly fees involved with holding it, and then you'd need to locate a broker to hang it with etc. 

As a buyer, you don't pay commission. You only pay commission when you go to sell. 

Let me know if I can help you locate something in the Sac area.

-Sophia

Post: Multifamilies investment

Account ClosedPosted
  • Real Estate Agent
  • Rocklin, CA
  • Posts 166
  • Votes 71

Hi @Hoang Vu! Welcome to the forums. 

I am a local real estate agent, and would love to work with you once you're ready to jump in and buy. Give me a call or email me and we can meet over coffee nearby. 

-Sophia Morris