All Forum Posts by: Tomas Gutierrez

 Definitely will take a look at that. Thanks for the tip!

Will check. Thank you!

Thanks Amine and will definitely take a look at those areas. Appreciate the help.

Thanks Charles for the heads up. I will definitely take a look at it. Do you have any recommendations closer to Signal Hill area? My wife has work around that area and would like her to have minimal travel. Thanks! 

Hi David, thank you for the insight. I will check with Cody definitely. 

For RTP I have a couple of resources that I can share. But I have no connection around Winston-Salem.

Let me know what you need around RTP, kindly send me a private message

Hi my fellow BP peeps! My family just recently moved to Long Beach CA a couple of months ago. I am experienced investor with investment properties in NC.

I am currently looking for multi family properties which are located at least on a good/decent school system, safe location, and safe for kids to grow. My strategy is usually I live in one of the unit till it ripens then transfer (1031) the profits to the next one. That way I don't have to pay taxes on the property profit since its my primary household upon my exit. Also that way I can manage the other units easily. 

I am also looking for partnerships for bigger deals. The value I can add are the following:

• - property analysis
  
• - my experience after I have managing my own rentals. I have done everything for smaller scale 9 units the most
• - dealing with contractors. 
• - I can be a quality on-site manager, ever since I have a manager I never lost a tenant because of some bad reason. It always is because they decided to upgrade and buy a house. I would only do this if the location is good and fits my plan for my family for the next few years. Right now my family is currently planning to make this move in the next 3-6 months or maybe sooner depending on the opportunity we get.
• - I believe I am well verse on keeping the cost down since I have done my own renovation myself. And optimizing it always on the next opportunity. Example is I renovated a full kitchen with just less than 3.5k in budget. It consist of new bottom and upper cabinets, granite counter tops, new stainless steel appliances and very nice counter top fixtures. How did I do it? Ask me. I have also renovated a bathroom itself fixing the leak to removing the old tiles and replacing it with a modular one. It was fun and challenging at the same time. Harder than kitchen renovation. But anyways thats just an idea of a value add I can be.
• - I probably would be able to handle anything. I have being studying the craft and constantly updating what I know.

For smaller multifamily

• - I am interested on fixer uppers 
• - plain out turn-key properties

If you have a strategy in mind that I can be a part of or just want to pick my brain, feel free to leave me a message I am eager to talk to local investors. 

This may not be the dumbest but I still could not wrap around my head how it would be possible to take care of my rental while everybody is disabled. Maybe their pet would take care of them? Here is her reply after telling her of the property's viewing schedule.

"OK that sounds good, but do you accept section eight and if not would you consider it,I'm a single mom that's disabled and is loving this house, and will treat your home like it was my own ,I do have my two companions that are well trained and are trained to help me and mY other two disabled children"

I replied saying I don't accept section 8 which I really don't.

Currently bidding on a property listed in HUBZU.com. It seems that you have to agree before hand when bidding that you will be using their title services. Peoples description of it was accurate. It mentions there that "buyer" will be saving $$$, insurance, search, etc etc. Sounds good actually. But with the reviews behind it, I wonder if there anyone has won recently and went with his own title/closing services. 

 Did you use their closing services?

Congrats! Thanks for sharing your idea. In this market right now I am trying to entertain a lot of investing options since real estate has become too high. In case you are opening in NC I would like be a part of it.

A couple of questions. I am just curious, how much is your ROI on this?Also did you put more money aside from the initial deal like for instance money needed on the rehab? Or was that inclusive?