New Investor From Sacramento California

New Investor From Sacramento California

Roseville, CA · Member since 2016 · 17 posts · 5 votes

Hi everyone,

I thought I'd go ahead and introduce myself to this awesome community.  I'm fairly new to the Real Estate Investing scene, although I've grown up with a good source of instruction in the form of family members in the Wholesaling, Realtor, and Buy and Hold business.  I'm based out of Roseville, CA area and always looking to connect with others in the Real Estate game.  Hope to meet some of you all in the future.

Thanks,

JB

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Walnut Creek, CA · Member since 2016 · 5 posts · 1 vote
10y

@Account Closed thanks a lot! 

See this reply in the discussion

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  • Logan AllecBusiness Member
    Accountant · Los Angeles, CA · Member since 2014 · 1k+ posts · 980 votes
    10y

    Welcome from down south.

    Clarita CPA Group516 Reviews
  • Real Estate Consultant · San Diego, CA · Member since 2012 · 44 posts · 13 votes
    10y

    What kind of investing do you plan to work in? I have worked in the Sac area for several years, its tough but rewarding.

    If you end up getting anything to wholesale please let me know!

  • Chris MasonPro Member
    Moderator
    Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
    10y

    Welcome.

  • Roseville, CA · Member since 2016 · 17 posts · 5 votes
    10y
    Originally posted by @Nicholas Kral:

    What kind of investing do you plan to work in? I have worked in the Sac area for several years, its tough but rewarding.

    If you end up getting anything to wholesale please let me know!

     Hi Nicholas,

    The plan thus far is to wholesale a couple of homes and use the profit from that to fund a quality house hacking/flip deal by around this time next year.  The overarching goal is to buy and hold both residential and commercial properties in both the Northern California and Kansas City markets.  If you'd like, I can PM you and discuss what type of deal you might be interested in finding.

    Thanks,

    JB

  • Jo-Ann LapinPro Member
    Loan Officer · Tustin, CA · Member since 2015 · 3k+ posts · 713 votes
    10y

    Thank you for the intro and welcome to BP. Happy to network.

  • Real Estate Services · Olathe, KS · Member since 2015 · 329 posts · 57 votes
    10y

    Welcome from Kansas City!! 

    Message me as you make your way to holding properties in the KC area.  We are seeing excellent returns

    Jason

  • Investor · Wichita, KS · Member since 2015 · 769 posts · 279 votes
    10y

    @Jonathan Boek

    Welcome from Middle America

  • Walnut Creek, CA · Member since 2016 · 5 posts · 1 vote
    10y

    Hi

    I'm working in Sacramento as well, good choice  :)

  • Mike D'ArrigoPro Member
    Turn key provider · San Jose, CA · Member since 2010 · 4k+ posts · 3k+ votes
    10y
    Originally posted by @Jonathan Boek:
    Originally posted by @Nicholas Kral:

    What kind of investing do you plan to work in? I have worked in the Sac area for several years, its tough but rewarding.

    If you end up getting anything to wholesale please let me know!

     Hi Nicholas,

    The plan thus far is to wholesale a couple of homes and use the profit from that to fund a quality house hacking/flip deal by around this time next year.  The overarching goal is to buy and hold both residential and commercial properties in both the Northern California and Kansas City markets.  If you'd like, I can PM you and discuss what type of deal you might be interested in finding.

    Thanks,

    JB

    It's rare that I see anyone mention CA and Kansas City for buy and hold in the same sentence. Just curious why you're considering two very different markets for buy and hold.

  • Gordon CuffePro Member
    Investor · Roseville, CA · Member since 2009 · 1k+ posts · 584 votes
    10y

    @Jonathan Boekgood to see another Roseville resident here on bp. There is a good rei meeting every first Tuesday of the month in Roseville also. Do you have a relative named Mark in kc that is into real estate investing also.?

  • Roseville, CA · Member since 2016 · 17 posts · 5 votes
    10y

    @Gordon Cuffe

    I've been looking at attending some local REI meet ups in Sacramento so I'll have to stop by some time and check it out. Thanks for the recommendation. In response to your question, I may or may not have a father named Mark who's an Investor/Wholesaler in KC.

  • Roseville, CA · Member since 2016 · 17 posts · 5 votes
    10y
    Originally posted by @Mike D'Arrigo:
    Originally posted by @Jonathan Boek:
    Originally posted by @Nicholas Kral:

    What kind of investing do you plan to work in? I have worked in the Sac area for several years, its tough but rewarding.

    If you end up getting anything to wholesale please let me know!

     Hi Nicholas,

    The plan thus far is to wholesale a couple of homes and use the profit from that to fund a quality house hacking/flip deal by around this time next year.  The overarching goal is to buy and hold both residential and commercial properties in both the Northern California and Kansas City markets.  If you'd like, I can PM you and discuss what type of deal you might be interested in finding.

    Thanks,

    JB

    It's rare that I see anyone mention CA and Kansas City for buy and hold in the same sentence. Just curious why you're considering two very different markets for buy and hold.

     Mike,

    Thanks for the question. You're right, California and Missouri are completely different kinds of markets. The reason I mention both is because although I currently live in California, I used to live in the Kansas City area and am somewhat knowledgeable as to the type of properties available. Kansas City, or at least the Midwest, is where I plan to have most of my rentals due to the friendlier home prices and better long term ROI. However, being that I'm fairly new to the investing business, I'd like to gain some experience through either wholesaling and/or house hacking before jumping into cross country landlording. I plan to use much of the capital gained through these two avenues in California to fund my properties in the Kansas City area. It helps that I also have family (also investors) in that area who would be available to assist in property management or other such items of business while I'm out of town. That's not to say that California rentals are out of the question, just a little bit further down the road for me. I hear that vacation rentals, say in a city like Anaheim, can be cash cows.

    Thanks,

    JB

  • Walnut Creek, CA · Member since 2016 · 5 posts · 1 vote
    10y
    Originally posted by @Jonathan Boek:

    @Gordon Cuffe

    I've been looking at attending some local REI meet ups in Sacramento so I'll have to stop by some time and check it out. Thanks for the recommendation. In response to your question, I may or may not have a father named Mark who's an Investor/Wholesaler in KC.

    where are the REI meet ups in Sacramento?

  • Rental Property Investor · Sacramento, CA · Member since 2015 · 1k+ posts · 893 votes
    10y

    @Mali Pajand There is one in the Roseville Rocklin area hosted by David Oldenburg. Here is a thread with some info. You can also find it on meetup. There are a few others in town as well which you can find on BP pretty easily. I'm pretty sure @Al Williamson hosts one.

    https://www.biggerpockets.com/forums/521/topics/17...

    @Jonathan Boek Welcome to BP. Good luck getting started on your investing career. Feel free to get in touch and exchange ideas anytime!

  • Walnut Creek, CA · Member since 2016 · 5 posts · 1 vote
    10y

    @Account Closed thanks a lot! 

  • Roseville, CA · Member since 2015 · 31 posts · 8 votes
    10y

    Welcome to bigger pockets. I'm also in Roseville, CA. 

  • Real Estate Agent · Lincoln, CA · Member since 2014 · 225 posts · 43 votes
    10y

    welcome, im just up the road in lincoln, with our office in roseville(so yah im there often). Kc is a bit interesting to me too, i have a property in memphis

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