New Investor from the Sacramento Area

New Investor from the Sacramento Area

Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes

Hello BP Community!

I am Kerilyn Paris, a 24-year professional civil engineer in Sacramento, CA. I am new to the forums and have been listening to the podcasts for a while. I am a partner in an investor group, starting a real estate investment business. We are currently focused on fix-and-flip properties in the greater Sacramento area. Our goal is to build capital to purchase buy-and-hold properties, multi-family homes, and apartment buildings. 

I am thrilled about the wealth of information and help that the BP Community provides. I am excited to be here and to be starting my journey in real estate. 

3Reply
42 views

Most Popular Reply

Rental Property Investor · Oakland, CA · Member since 2016 · 602 posts · 250 votes
9y

@Kerilyn Paris Sweet! That's some great goals you have and Sac is a great place to flip since most of the Bay Area residents are seeking more affordable homes within the area. We should definitely connect to discuss more! 

See this reply in the discussion

25 Replies

Jump to latestLatest
  • Rental Property Investor · Oakland, CA · Member since 2016 · 602 posts · 250 votes
    9y

    @Kerilyn Paris Sweet! That's some great goals you have and Sac is a great place to flip since most of the Bay Area residents are seeking more affordable homes within the area. We should definitely connect to discuss more! 

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    @Bryan Pham Thank you for the welcome! We should connect to discuss more, I'll send you a PM soon.

  • Professional · San Francisco, CA · Member since 2014 · 876 posts · 301 votes
    9y

    Welcome @Kerilyn Paris, sounds like you are doing pretty well with taking all the right steps. This site is great for networking and getting a ton of real estate information. Best of luck!

  • Gordon CuffePro Member
    Investor · Roseville, CA · Member since 2009 · 1k+ posts · 583 votes
    9y

    @Kerilyn ParisWelcome to BP.It is a great place to learn more and network. Sacramento and Roseville have many rei meeting every month that are also great for networking. It is tough finding good deals in Sacramento so you will need to search everywhere and network every week. 

  • Dave VisayaPro Member
    Moderator
    Audio Engineer and Investor · Cebu City, Cebu · Member since 2013 · 7k+ posts · 881 votes
    9y

    Hello @Kerilyn Paris, welcome to the site! It's great to have you here. 

    BiggerPockets
  • Rod StanbackBusiness Member
    Lender · Philadelphia, PA · Member since 2014 · 92 posts · 45 votes
    9y

    Hi @Kerilyn Paris,

    Welcome to BP! I have recently moved to Sacramento from the Bay area..  Been investing for the past nine years and lending for four. If you have any questions or would like to connect sometime to see how we can assist each other, feel free to PM or reach out anytime. 

    Best of luck!

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    @Leslie Pappas Thank you for the welcome! We are able to guide our path with this great site.

    @Gordon Cuffe Thank you for the heads up. We will be sure to make it to the local meetups. 

    @Dave Visaya Thank you! I am happy to be here

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    Hi @Rod Stanback, Thank you for the greeting. Welcome to Sacramento, I hope it is treating you well. I will definitely reach out to soon! 

    Take care!

  • Dublin, CA · Member since 2017 · 40 posts · 14 votes
    9y

    Hi Kerilyn,

    Welcome to the site! I recently joined as well.
    I live in the Bay Area and was surprised to see the relatively reasonable house prices in Sacramento. Looking forward to a post on your first purchase!

    Shashank

  • Real Estate Agent · Sacramento, CA · Member since 2015 · 338 posts · 135 votes
    9y

    Welcome to the site.  I saw you stated you are just starting out by doing flips, have you completed any yet?  If so, what kind of returns did you get?

  • Lender · Beverly Hills, CA · Member since 2016 · 1 post · 0 votes
    9y

    Welcome Kerilyn! My father is also a Civil Engineer and he is a great sounding board to all my projects. I'm very familiar with the Sacramento area as I have funded 2 rental properties their recently. I can share some advise on how to build capital. You can PM me at your convenience. Sacramento is a great area to build your real estate portfolio. 

    All the BEST to you :)

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    9y

    @Kerilyn Paris

    Welcome to the BP family! Good to have you here! Here are some recommendations for you:

    Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet
    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
    Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
    Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/

    Wishing you the best!

  • Physician · Oakland, CA · Member since 2017 · 60 posts · 28 votes
    9y

    Hi ! What a great start and great job getting serious so young!! I am also starting to invest in sac. Driving up there tomorrow to check out a few homes. I'd be interested in  connecting with some of you sac savy investors. Will be in touch..

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    @Shashank R. Thank you for the welcome! Welcome to you too, then! 

    Yes, the housing is much more reasonable. I will definitely do a post on my first purchase. 

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    @Derek Jones Thank you. We haven't done any flips to date, we are currently searching for our first. I'll PM you. 

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    @Nicole C. Thank you for the warm welcome! That is always great to have someone like that in your life. I am looking forward to talking with you, I will PM you. 

    All the best to you as well :)

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    @Dmitriy Fomichenko Thank you for all the recommendations! I will follow them. 

    Wishing you the best as well!

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    @Anita Ahuja Thank you very much! That is great that you are investing in Sac. I am unfortunately not available tomorrow, but connect with @Al Williamson if you are interested in meeting some folks from the area, he might be able to make it happen. 

  • Realtor · Rocklin · Member since 2016 · 128 posts · 67 votes
    9y

    Hey @Kerilyn Paris.  I'm a bit late to the party, but welcome to BP!  You certainly found the right place.  It's awesome to see other female investors around.  I've been on BP for a year and have bought three OOS buy and hold rentals.  My long term plan is to eventually invest in the sacramento area.  What's your strategy going to be to find deals?  Use wholesalers, Direct mail marketing, auctions?  Excited to hear how everything goes.  Take care!

  • Investor · San Jose, CA · Member since 2017 · 453 posts · 254 votes
    9y

    @Kerilyn Paris glad to see another northern californian on here! I am from Placerville and have a SFR up there and am trying to break into multi-family in Sacramento. Currently trying to do a flip in the El Dorado County area but finding a real estate agent to put in low offers is hard to find haha. If you ever want to talk let me know, We can grab a cup of coffee and talk real estate or I am just a phone call away. Welcome to BP!!!

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    @Kim Stofan Thank you for the welcome! It's great for me to see female investors doing what I want to do too! It'd be great to meet up with you sometime. I'd love to hear more about your OOS investments. Our current strategy is relying on a real estate agent (who works with investors) and searching the MLS (what we can see) and realtor.com. We are hoping to get into auctions in the future. Hope see you at the next Sac BP Meetup!

  • Investor · Sacramento, CA · Member since 2017 · 14 posts · 3 votes
    9y

    @Sean Carroll Thank you! Placerville seems like a cool place to grow up. I'll PM you our real estate agent, she has no problem with low offers. I'd love to grab a cup of coffee next time you're in the area! Thank you for reaching out!

  • Investor · San Jose, CA · Member since 2017 · 453 posts · 254 votes
    9y

    @Kerilyn Paris I am hoping I'll be up there next week for the one after so I will keep you updated!

  • Lender · Roseville, CA · Member since 2016 · 16 posts · 9 votes
    9y
    Hey Kerilyn! I live in the Sacramento area and have a partner (grandfather lol) that helps me with investing in the Sacramento area. I'm currently looking to find a property to flip as well, and teaming up with somebody sounds like a very fun and rewarding experience. I currently run and manage two duplexes and a SFR with my family. One duplex is mine, and the other two are shared. I'm working to build capital to purchase properties with all cash (as that seems to be my competition in the area). I know you invest out of Davis, but if you'd like to work together, I think I can use somebody on my side to help advance both of our careers in the industry. I'd be able to work on it everyday as well as coordinate with contractors (or the subs that I use) until the project is completed and up to par. Let me know if you're interested :)
  • Civil Engineer · Placerville, CA · Member since 2017 · 3 posts · 0 votes
    8y
    Hi Kerilyn, I’m also a younger civil engineer and live up in Placerville. It would be great to connect and compare notes about real estate and how we as civil engineers can use that background for the types of investment opportunities you’re talking about. Cheers!
Join the conversationCreate a free account to reply, vote on answers and follow this thread.