Looking to connect with other investors in the area

Looking to connect with other investors in the area

Livermore, CA · Member since 2016 · 72 posts · 11 votes

Hello. My name is Israel Robles from Livermore, CA. I am a new real estate investor investing out of state specifically in Indy. I was wondering if there is others in the area that may have experience investing out of state as well as investing locally that could help me learn more about REI. If there are others especially around the east bay, I would like to connect and learn as and possibly be partners.

Happy Investing!

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Residential Real Estate Broker · Indianapolis, IN · Member since 2010 · 1k+ posts · 557 votes
10y

@Israel R. welcome to Indianapolis!  Like @Account Closed said, it's a little hectic here right now - but there are still opportunities.

Like anything, be sure to do you DD.

I see a lot of out of State investors make the mistake of buying an asset first before talking to [and hiring] a property manager and/or starting to build a solid team.

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  • El Cerrito, CA · Member since 2016 · 54 posts · 8 votes
    10y

    @Israel R. I am newbie continue learning about real estate investment. My plans to start first deal begin of next year. I have couple of wholesaler from Indy sending me some deals and ready to start conversation as well. If you want their contact, PM and will send their contacts. I am in BayArea as well so we can  connect and share some of our findings into this new biz.

  • Indianapolis, IN · Member since 2013 · 210 posts · 149 votes
    10y

    @Israel R. @Walter Minja

    Why are both of you planning on Investing in Indy? What are your reasons for it other then cash flow? 

    Why not just invest around California? Please don't tell me you can't afford it. That's just an excuse. 

    Just to let you both know it's a sellers market out here and the wholesalers and TK companies know it. Be careful of what and where you buy. 

  • Residential Real Estate Broker · Indianapolis, IN · Member since 2010 · 1k+ posts · 557 votes
    10y

    @Israel R. welcome to Indianapolis!  Like @Account Closed said, it's a little hectic here right now - but there are still opportunities.

    Like anything, be sure to do you DD.

    I see a lot of out of State investors make the mistake of buying an asset first before talking to [and hiring] a property manager and/or starting to build a solid team.

  • J. MartinPro Member
    Rental Property Investor · Oakland, CA · Member since 2011 · 3k+ posts · 2k+ votes
    10y

    @Israel R.,

    Welcome! There are lots of Bay Area investors on here, some of which are investing out of state.. You should check out @Beau Eckstein's meetup not far from you, and come out to Oakland or SF some time.. @Johnson H. also has a meetup in Milpitas and @Jeff Pollack in San Jose each month. Great people and a fun time :) A couple hundred of us will also be meeting next weekend in Oakland if you can make it!

  • Investor · Berkeley, CA · Member since 2015 · 1k+ posts · 713 votes
    10y
    Originally posted by @Israel R.:

    Hello. My name is Israel Robles from Livermore, CA. I am a new real estate investor investing out of state specifically in Indy. I was wondering if there is others in the area that may have experience investing out of state as well as investing locally that could help me learn more about REI. If there are others especially around the east bay, I would like to connect and learn as and possibly be partners.

    Happy Investing!

    Israel,

    Feel free to attend my real estate investor group. We've got lots of different types of investors who attend (SFR, MF, in state, out-of-state, mobile home park investors, self-storage, developers, etc.). We've also got several investment property tours coming up, including a life/work multifamily project, multifamily projects in East Oakland, etc.

    You'll find more info on my profile.

    FYI: I'm a full time investor and have invested out-of-state in many markets for over 10 years.

  • Rental Property Investor · Oakland, CA · Member since 2014 · 730 posts · 1k+ votes
    10y
    Originally posted by @J. Martin:

    @Israel R.,

    Welcome! There are lots of Bay Area investors on here, some of which are investing out of state.. You should check out @Beau Eckstein's meetup not far from you, and come out to Oakland or SF some time.. @Johnson H. also has a meetup in Milpitas and @Jeff Pollack in San Jose each month. Great people and a fun time :) A couple hundred of us will also be meeting next weekend in Oakland if you can make it!

     J,

    What is next weekend in Oakland?

  • San Francisco Bay Area · Member since 2015 · 196 posts · 181 votes
    10y

    ^ I wanna know too!

  • Residential Real Estate Broker · San Mateo, CA · Member since 2013 · 585 posts · 264 votes
    10y

    @Israel R. welcome! Hopefully you can come out to some of the BP Meetups in the near future! If you can make it out you will find that there are tons of BPers that are making it work (both locally and out of state).

  • Investor · Santa Clara, CA · Member since 2014 · 138 posts · 54 votes
    10y

    Hi Israel ,

    I've meetup called

    'Multi Family / Single Family Out of State Investing' .. 

    You may check it out . 

    As you see from the meetup name it is all about out of state investments and talk mostly about multifamily. 

  • Real Estate Agent · Cupertino, CA · Member since 2016 · 4k+ posts · 1k+ votes
    9y

    Suggest Vegas. They never got back to historical high. About 40% homes are non-owner occupied.

    Suggest you take a trip most realtors are skilled finding you deals and management.

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