All Forum Posts by: Account Closed

Hi all. Any investors here have had experience with gc's who are moderately priced, preferably in contra costa county.

I've been thinking about this investing strategy and wondering what's wrong with it. There has to be something otherwise all investors would be doing something like this. 

1. Buy a lot. Let's say $100k
2. Put in a manufactured home. There are plenty I saw online for under $50k 2-3 bedrooms. 
3. Lot + Home = $50k + whatever installation fee, transport etc. All in at let's say $200k. 

Rents are quite high in NorCal. $2000/m for a 2 bedroom is cheap. I can collect $24,000/yr in rent. In 8 years, everything is paid off. I keep it for as long as I want. If I want to sell the land, I move the home to a different lot. 

Rent out that place. I'm in NorCal. Cashflow is rare, homes are crazy expensive. This option seems more appealing each day but I can't figure out what I'm missing. Maybe some of you here have looked into and would be willing to share some insight? 

Hey all. I am thinking about buying a couple of multi-family units in Pittsburgh. I don't have an agent yet, but I wanted to hear from investors who are currently doing this and what kind of numbers they're seeing. 

Hey all. I'm on the search for a GC for a project I'm working on in Pittsburgh, PA.

Nothing major to be done (hopefully), just some slight cosmetic touch-ups. 

If you've worked with someone in the past or if you are a GC, please feel free to send me a message! 

Thanks!

Hey @Teddy Remolar, I'm an agent in the East Bay and San Jose area. How can I be of assistance? 

@Josh Caldwell , any agents you recommend in the area?

Hi all! I am an agent/investor from Northern CA. I'm looking to diversify my investments and have narrowed it down to either Pittsburgh or Philly. I am looking exclusively at multi-family units for long term buy and hold. I got lucky in the Bay area to acquire a few properties at a decent price which cash flow quite well but it's getting harder and harder to find deals. Would love to hear from local agents and investors!

@Michael White, long shot but curious as to how it turned out? I'm kind of in a similar boat. 

Hi all! I run a residential real estate brokerage in the East Bay. We are thinking about adding a few more agents on our team since we have too many leads and not enough people to nurture them. I would love to hear from other agents about their brokerage selection process. Which brokerage are you with and why did you choose them? This would really give me an insight as to what agents truly value in a brokerage and would help me recruit better. 

@Account Closed, I own a few duplexes in Oakland and have helped several investor clients get their feet into the multi family world. The TriValley is a bit tough to find a cash flowing multi family in. Depending on how much down you're putting down, it is not that difficult to find something close to the Bay (Oakland, San Leandro?) that will not only cash flow but will appreciate in the coming years. Feel free to connect if you're still in the market. Would love to chat.