NorCal Finding Deals in a crazy market

[Syman Scarpellino]

This is my first post, turned on to the forum from the podcast. Excited to be here. 

I am from Northern California in Humboldt County, just recently dipping into RE investment. Interested in the BRRRR method.

But my problem is: how do you find properties in high dollar and rural California. I feel it’s a unique problem. High dollar low inventory 

[Dylan Vargas]

@Syman Scarpellino @Lana Johnson Welcome! Thats usually the toughest part, finding the deal. Like Lana stated start networking with local wholesalers and flippers. Scour the MLS daily for a 3-6 months so you can see what homes list and SELL for. Get to know the entry level neighborhoods and areas. Familiarize yourself with the costs of materials such as types of flooring, water heaters, heat and a/c units, appliances, counter tops, windows etc. You can get all this info for free at Home Depot and Lowes. I always allow and allowed people to walk my jobs to learn and run their own numbers for experience. I have met many friends and other investors this way. Thats why it is important to network. Also learn Realtor commission so you can factor in costs to sell. Get to know a hard money lender and his/her fees and how fast they fund. This is a start. Good luck and keep us posted.