All Forum Posts by: Sterling White

Way to start off the new year @Alex C.! What is your expected rent of the properties between that 300-400k range? 

Welcome to the platform @Vinod Sirimalle so far what areas of CA have you been researching for property? I would recommend staying as close to home as you can before you start to look towards out-of-state

@Melissa Fourie recommendations are Fountain Square, Bates Hendricks, Irvington, Little Flower, Saint Claire PL. There's others, but that will be a good start

Wish you the best of luck

I consider this is a great option and agree with their strategy. However does it aligned with your investment goals? That's what it comes down to. I acquire properties within the 465 loop and my average rent per property is $700. Their is opportunity in both. The above does have better schooling systems and also tenants, but property values start to go up as well.

Also using zillow.com's "rent zestimate" can help with determining rents. They are usually not too far off give or take

Have you tried calling local PM companies @Melissa Fourie to get further market knowledge? I have always felt that putting certain neighborhoods/areas in a class is often difficult to do(so many variables too factor sometimes). 

Great question I would recommend using zillow.com" rent zestimate" and also trulia.com. I wouldn't say their rents are spot on, but they are usually pretty close. Then from there you can call local PM's to get a better feel for market rents to verify your assumption for further due diligence 

Interesting thought process above @John Arendsen. In the RECF space it is mostly hands off for the investor and the day to day involvement of the project is done by the operator. 

Maybe taking a similar route as J. Scott will give you what you are looking for. Have you looked into that approach? 

Completely understand your minor frustration not reaching operators due to holiday season . It's great you have found some properties that fit your criteria however. Just takes some patience. The locations where the COC fits your criteria are you familiar with the area?

Great insight @Fay Chen. I believe calling the numerous TK providers in your location can really provide some insight @Chad Hotovec you will start to see a common thread "hopefully" of the good areas from the bad areas(to acquire property) pulling from their market knowledge. Then you can drive the area and get a good feel for it yourself.

What has been your experience thus far from researching on the MLS Chad?

Welcome to the platform @Tony B.. I wish you the best of luck in your venture moving forward

Happy New Year