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All Forum Posts by: Tyler Wade

Tyler Wade has started 6 posts and replied 29 times.

Post: Investing in Indianapolis from CA

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

Thanks all. Any great turnkey services, or even better, investor-focused agents, that you have used in Indianapolis in the past? Would love a few referrals. Going to be heading out there in about a month.

Post: Big Bear vacation rental hunt. AirBnb?

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

Hi All,

I purchased and ran AirBnB properties, both of which I just sold, up in Big Bear for the past couple of years. If anyone wants more information, I'd highly recommend reaching out prior to purchase... there are some positives and negatives that are unique to Big Bear. Happy to chat.

Post: Investing in Indianapolis from CA

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

Hi All,

I am a relatively new investor (own two properties, one primary residence and one vacation rental), looking to push the gas pedal a bit. I live in Thousand Oaks, California, and there are really not any viable options within a reasonable distance to invest for cashflow. The Indianapolis market is one that has interested me for a while now - a city that appears by all accounts to not only be stable, but on the rise, with home prices in the range I'm interested in. I'm reaching out to you all to see if you can recommend any great agents that specialize in investment properties, more specifically multi-units. The other area I'm looking for recommendations in is property management companies. Appreciate the recommendations in advance, and would love to hear any additional thoughts on investing in this market!

Best,

Tyler

Post: I want multifamiliy properties

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

I'm interested in properties in the Ventura county area. Let me know what you have Jarrad!

Post: New Member w Duplex in Big Bear Lake

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

Hi @Tyler Hilton,

I have an airbnb place up there that does very well. I manage from 3 hours away, and use a great cleaning person as my eyes and ears (along with cleaning the cabin. Also have a great spa guy, if you need one of those. Let me know if you'd like to chat or would like their contacts!

Post: Purchasing an apartment/condo in Thousand Oaks

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

Hi Robert,

I have lived in Thousand Oaks the past 10 years, and purchased an income producing property here a few years back. I worked with a really great agent, with 15 years of experience in Thousand Oaks - would be happy to connect you with her. Let me know if you have any questions about the area, would love to connect further.

Post: Investing Out of State

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

@Dustin S. I'd love to pick your brain a bit sometime. I live in Ventura county (Thousand Oaks) as well, and have been looking into investing out of state. I currently hold a property in Thousand Oaks and one in Big Bear Lake, but am looking to begin purchasing out of state, and TN/NC were both areas I was looking into. Charlotte was one of the areas of interest, but where in TN did you invest? Which area have you seen better performance? Thanks!

Post: Moving to Oxnard, CA

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

Hey Justin,

I live in Thousand Oaks, and you are correct that nothing in the area really cash flows, or even comes near the 1% rule (except for some of the rougher areas in Oxnard). I have worked with some great real estate agents that really know the area and could help you find a great property, direct message me if you would like their info. Welcome to the neighborhood! Let me know if you have any questions about the surrounding areas.

Post: Is it a good time to buy a BUY and HOLD investment property?

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

Hi Sri,

I am an investor from Thousand Oaks in a very similar situation. I own two properties in the area, and have considered selling them, moving the profits into markets with less fluctuation, and begin purchasing in the area again once prices decrease, whenever that may be. Any purchase in the area right now is purely on speculation of appreciation, but there is only so much more room for these properties to appreciate. One area that I have seen success in, including for myself, has been vacation properties (I've had some luck in Big Bear Lake area). Best of luck!

Post: Big Bear Vacation Rental

Tyler WadePosted
  • Thousand Oaks, CA
  • Posts 29
  • Votes 11

hi Dustin,

I have a property in big bear as well, and have owned another in the past. Would be glad to chat with you about some of the benefits, downfalls, "must-haves", etc if you are interested.