All Forum Posts by: Tim Kunz

@Charles L Mull welcome to BP! Tons of great education and networking here on the site. Definitely check out the meet ups, hope to see you around

@Zach Ulrich welcome to BP! Like @Chris Kirk said check out the local REIA meet ups in the area these are great for networking. @J. Martin is having a 2 day event in San Francisco this weekend that will be a great educational and networking opportunity as well.  Best of luck, hope to see you around 

@Zach Ulrich

@Joseph Yep Welcome to BP you're in the right place.  

Meetup.com seems to have a majority of the regular meet ups that occur in the area, definitely stay tuned here on forums for one off meet ups that occur regularly, @J. Martin is putting on a 2 day event here at the end of the month in Oakland with tons of great speakers. Link Here. @Al Williamson usually holds events a couple times of year here in the Sacramento area.

Are you planning to focus on in state or out of state investing?

Look forward to seeing you around, best of luck!

Welcome to BP @ANTHONY STERLING, BP is a great tool.  What areas of real estate investing are you looking to focus in?

Welcome to BP @Hoang Vu, tons of great info here on the site

@Zach Moore welcome to BP lots of knowledge and networking here on the site, are you looking to get into investing or just plan on stick to the property management side?

@Account Closed me and my partner regularly attend the Capital City Wealth Builders meeting once a month.  They usually have a knowledgable speaker who on occasion has a course or business to advertise (these are not "guru" pitches), but often times is just there to talk on a specific topic.  While there are a lot of newbies that come through there are at least 15-20 regulars who attend every meeting and are active investors and a number of other active investors who come on a less frequent basis.  Either way I recommend checking it out, I believe they are the 3rd Wednesday of every month.

An article I came across today, it may come sooner than we think. Article Link.

Within this discussion where do you guys see rental prices going?

Disclaimer: I am fairly new to the real estate investing game and my expertise is on the construction side not on the real estate or economic side, but I do try and keep up as best I can.

With that being said we had a speaker at a local REIA here in Sacramento go over some trends he saw in the real estate market. My two main take aways were 1) High end buyers were pulling back a bit as prices continue to rise to points above intrinsic value and uncertainty both domestically and internationally (specifically BREXIT) seems to be growing. 2) With uncertainty from BREXIT growing and London being a hotspot for international wealthy investors we may see some of that money coming to the US markets specifically San Francisco, New York, etc.

While not trying to be biased he also mentioned that wealthy buyers tend to be better educated on the economics of home buying and that is why there hasn't been a noticeable slow down in the lower end markets as inventory and interest rates remain low people feel the need to jump in now.

My belief is that we will see a plateau and possible pullback in pricing over the next 12 months as common sense says prices cannot rise at this level for much longer as to become unaffordable.

My questions are how are so many people affording homes at these prices when wage increases seem to still be minimal? Does anybody else feel the banks are once again making "bad" loans?  With minimal down payments (meaning larger monthly payments) and Americans savings rates still being relatively low, if the economy does pull back at all and jobs are lost it feels like a lot of people wouldn't be able to hang on for very long

@Pavan Sandhu welcome to BP, lots of great info here. Best of luck to you!