I look forward to using BP to network and connect with other investors and professionals so that we can learn and grow together in our pursuits of self improvement.

Hello BiggerPocketeers...I am seeking information on investing in a property in Desert Hot Springs, California.

I don't think that having a hide and seek mentality is the best way to run your business.

Essentially, for accredited investors you can invest in syndicated type deals and own a % of a professionally managed property.  

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I'm an agent, I do some work with investors in the Short Term Rental market, my boyfriend has an Airbnb that we have professionally managed, and I have a decent working knowledge of the local (ever changing) rules.  

The professional money out there wants somewhere around 2pts and 10% and first position collateral.Banks on the other hand will give you 4.5%-5% money for first position collateral.Both of these lend up to fairly high LTVs, 80% or higher.I just mention these to set the window...Now think about it this way: If you have a family member or friend with $50k in the bank, how much interest are they earning?

If a tenant called a professional management company the PM would most likely tell them it was their problem to handle and would possibly give the advice given here of how to get rid of it. 

In the near west and north areas of the metro area I am finding very few professionals in the siding and roofing trades that will service investors.

Professional photography is happening next week and I'm excited to get it listed and sold.