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All Forum Posts by: Tim Lee

Tim Lee has started 2 posts and replied 4 times.

Post: Local Networking Meet Up

Tim LeePosted
  • Property Manager
  • Whittier, CA
  • Posts 4
  • Votes 2

Hi everyone,

I am looking for a local network meet up in the Corona CA area. Just moved to the city and looking to meet like minded real estate investors. Any recommendations is appreciated. Thank you.

Post: Real Estate Talk and Networking

Tim LeePosted
  • Property Manager
  • Whittier, CA
  • Posts 4
  • Votes 2

Hi Peter I tried looking it up on meetup.com and couldn't find it. Is it still going on? 

Post: Is it worth it?

Tim LeePosted
  • Property Manager
  • Whittier, CA
  • Posts 4
  • Votes 2

Thank you guys for your insights. I will take that all into consideration. 

Post: Is it worth it?

Tim LeePosted
  • Property Manager
  • Whittier, CA
  • Posts 4
  • Votes 2

I was referred to this house by a realtor which is going for $275k. 7beds 1 bath built in 1910, 2250 sq ft.  70% fire damage and city has liens against property. The comps around here are in the mid to high $500k. It is in a B to C class neighborhood. I am thinking its going to take at least $100k to redo everything. This would be my first flip so a little concerned if it would be a wise decision to start here. If comps are true it would be a worth while payout. I am a new at this so what would you veterans do?