Randy C.

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IM:
Profiles:

I bought my first investment property in 2004 <-- a 4 plex. Bought a second 4 plex in 2006 and rehabbed all 4 units. I've also purchased 3 properties at tax lien properties -- one was a 9 BR 7000 sqr foot B&B. All properties are in Louisiana. I live in California and am a licensed RE agent but not registered with a broker.

I'm currently building my investor list and researching short term real estate investment options in the Bay Area. I would welcome the opportunity to chat with anyone interesting in sharing tips or leads. I'm also willing to help seasoned investors in exchange for mentoring.

Experience

Bought first investment property, a 4-plex, in New Orleans in 2004. Bought another one and rehabbed it in 2006. Also have invested in several tax lien properties in 2008.

CA DRE licensed as agent and loan originator but not registered with a broker.

Real Estate Goals

Amass a strong portfolio of residential multi-unit properties and small commercial properties that deliver at least $150,000 free cash flow annually with little debt.

My path to get there:
Build cash by finding and negotiating short sales then wholesaling directly to investors or to consumers thru realtors.
Then as I build reserves, select key properties to keep and rent or lease-option to build cashflow. I'll also continue purchasing properties at tax lien sales in New Orleans.

Currently Seeking

** A Mentor (any location) that I could help and learn from.
** Short sale leads in the Bay Area and/or New Orleans.
** Investors interested in buying wholesale in northern California or New Orleans.
** Home owners in 50 states who may benefit from working with a very experienced attorney-backed loan modification company. I'm using this business to also help find short sale candidates in the Bay Area.