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All Forum Posts by: Sorab G.

Sorab G. has started 2 posts and replied 37 times.

Post: First post to BP and looking at an investment

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12

I have some investments in Pittsburg, CA for the past few years.  I've heard the areas are tough and i go there any time without to much worry.  I also manage the properties myself.  The appreciation value is definitely there if that's what your looking for, plus they are building an eBart station.  I surmise the values will continue to rise in the area.

I have also looked at Antioch, CA but many of those areas seemed rougher. But then i invest in MFH. You may have better luck with newer SFH's in the area.

Post: Hello from Bankrupt Stockton, CA (But I still like it here!)

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12

Hi there, thanks to messages from @kyle j a while back I also looked at and now invest in Stockton. I find its a pretty good market and has some interesting opportunities. Other investors are also in the area as i always getting outbid.  Which shows some strong competition. The appreciation over the past year has been strong as well. 

Post: SF Meetup - Fri, 4/25 in SF w/ Josh Dorkin & Brandon Turner

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12

I will probably join as well. me+1.

Post: East Bay Meetup - Thurs Jan 16, 2014 in Oakland

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12

Looking forward to meeting everyone.

Post: Eviction Cancellation process

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12

Note. These people filled a demurrer to my unlawful detainer. Court date is set for October 8. But I tracked them down and got them to agree to give over the keys and call us square. I just don't know how to handle this legally. How do I protect myself. And how do I cancel the eviction if they do give me the keys tonight before the court date.

Thanks!

Post: Eviction Cancellation process

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12
Hi, Been going through a nasty eviction and noticed i am so not good at filling out court paperwork :). Anyways, i found out the people i've been going through eviction with moved out, i found out where they lived and approached them. Said lets just end this process as its best for everyone, they have agreed. I'm going back tonight to collect the keys, what documents should i take with me to ensure i'm covered and any ideas on what i need to file with the court to cancel the eviction process? I do know that its possible they are bluffing, but i can sure try to get the keys, just want to protect myself. Help and guidance appreciated, thanks!

Post: Easiest Conventional lender to work with

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12

I've used Aimloan with good results.

Post: There is always money to be made in RE, don't rush in

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12

Bill Gulley, Well stated Argument Bill.

Post: There is always money to be made in RE, don't rush in

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12

I don't discount most of your arguments, as they are very valid in multiple situations... but not all.

Looking back we see things more clearly, or do we? We might see them based on the bias that we've created for ourselves or that of society that gets beat into us everyday. I only state that because everyone states how one can get a job if they work hard enough, take the right classes etc. And this is true if you want to stay as a coder.

As a hiring manager, i look for experience, but i also look at education, both degrees and continuing education. But i also look for people in higher level positions. Most people don't make it past HR if they don't have a degree. Why is that when in this day and age, anyone experienced can get a job?

Is it because a college degree means your more well rounded? Is it because someone with a degree is better than someone who has equivalent experience? Is it because a person with a degree has a better personality than someone who does not? No, its because it shows the ability to commit to something, to take it seriously. The same way as getting certifications. A degree opens doors as a person WITH a degree gets looked at for higher level positions over a person without in most interview situations.

Experience is important, but it is not everything.

In order to succeed in life, you need steady cash flow, i know everyone talks about that as a stepping stone to success and wealth. Without a foundation for that, where will you have the money to get that business off the ground? Who will give you a loan without a well paying job? How do you get experience as a real estate investor without having properties or money to purchase them?

The vast majority of people don't have the cash to buy outright, if you do, good for you! But to make that money, you need to have a good paying job.

I know there are success stories and horror stories of people with education. "I know a CEO who worked at Starbucks. I know someone with a masters in english or sociology who is flipping burgers." But how many people do you know who do not have an education that work at minimum wage? Is getting "A Job" good enough to pay for you or your family's future?

Is going to school the answer? Maybe or maybe not, but i'd venture to say that more professionals look to real estate as a supplement to their income, a way to build wealth than those that look to build it as a career from the ground up.

Sorry to ramble, hopefully i made some sense out of this post.

Post: There is always money to be made in RE, don't rush in

Sorab G.Posted
  • Investor
  • Walnut Creek, CA
  • Posts 38
  • Votes 12

Wow, i seriously can't believe what i'm hearing. I agree with Jennifer, stay in school, learn to be proficient enough to talk with others, write and understand contracts and engage with the world. Without it you are not doing yourself justice. Earn the money to become an entrepreneur and start your own business, be it real estate or other. I agree that its possible to succeed without a degree, but the statistics don't lie. Expecting to succeed without a good foundation is what causes people to keep dreaming big but not making it.

Yes, college is expensive but its a closer path to regular income than a regular job.

Unless you have rich parents who will help you get a business out of high school, you have to earn your money the hard way, and that's typically through a job. So get a job, save money and succeed the way most of us did. By working hard.