We’re developers managing our own portfolio and don’t have any outside investors.

I'm looking to pickup some multifamily real estate but the barrier to entry is crazy in my local market.

I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.

There are many new developments going up but traffic in some areas are horrific, especially at peak. 

Maybe attend a chamber of commerce meeting and ask around where development will start.

If you’re active in California real estate or looking to break into the market, you’ve probably heard about Senate Bill 9 (SB 9).

Hi Anthony-You asked about the best ways to find off-market deals for your in-laws to buy and move into and you are focussed on the Santa Barbara, CA area which I have been to and it is gorgeous.It kind of reminds me of an Ann Arbor on the ocean. :)Anyway, I like your strategy of driving and looking for houses in need of repair and sending handwritten letters and contacting rentals for the reasons you gave.

For C to B-Larger developments announced nearby-Increased activity in new construction-Building of commercial retail in or near the neighborhood. 

So if this $330k puts them close to the limit, and the market makes a downturn, there will be a margin call.

I wanted to share my situation and get some advice.I currently own an apartment in a highly developing area in Guaynabo, PR.