All Forum Posts by: Vikram Singh

Also looking into HomeRoom and other people's experience. Very interested in their model primarily for the "guaranteed rent" and 3 year lease too.. Seems to eliminate the risk in trying to find tenants yourself and making sure they all pay. Especially now with the eviction moratoriums and less hope of being able to collect or evict tenants when you are relying on 1 family to pay the rent or not in your property. Their model of having 5-6 tenants and even if one or 2 of the rooms is vacant or behind you still get most of the rent seems safer..

Hi @Melany Longoria, Happy to share my experience getting started and investing out of state over the past couple of years. Its hard to type it out but if you ever want to discuss over the phone or Zoom I'd be happy to explain my personal experience both with "turnkey" and actually going out and checking out the property myself and working with a local realtor/PM.

In a nutshell, its never as good as it seems and I'm really starting the believe the returns you might see on paper or calculate are hard to actually achieve in the real world for the lower priced properties at least. UNless you have a really good PM or trustworthy team on the ground. I think you can be successful remotely and OOS but its not as easy at it might appear and my best investment has actually been the one locally here in CA, even though the numbers on paper didn't appear to meet any good rules!

Feel free to send me a direct message if you want to discuss details or ask any specific questions!

Hi @Mehtab S Sahota! Welcome and nice to meet you! I have a few years of experience and would be happy to share  whatever I have learnt so far with you. I'm also located in Sacramento but probably best to meet over zoom or phone for now if you want to talk or discuss about getting started.  Feel free to send me a message if you want to chat more.

Good luck!

I am! Trying to get positioned to acquire and keeping an eye out for the next deal as well with these great rates!

Welcome Steven! Also based in Sac and happy to connect and share my experiences from the past few years. 

Hi Tammy! Welcome to BP. I'm also based in Sacramento CA and investing out of state. Feel free to connect or send me a message if you want to talk or have any questions!

Hello and welcome! I'm also based out of Sacramento, currently investing locally and out of state. Happy to share my experience and answer any questions you may have and looking forward to connecting with other local investors!

Would love to connect with you all as well! I have a little investing experience under my belt but still networking!

Very interesting.. Why do you guys think that is? 

Welcome! I'm also based out of Sacramento. More of a buy and hold investor, but always interested in connecting with wholesalers.