All Forum Posts by: Anand S.

Hi Kevin

Sure, would love to know your thoughts on alternative strategies, just sent you a PM.

Hi @Nastasja Terry

That is the convention that I am now starting to question and find answers hopefully in the near future (rehab and flip/rent "out of state" properties). How much more risk/reward compared to San Diego? Who will be the key part of the team on the ground there? Can the risk be managed with the right agent who has the experience and the integrity to help hire the right contractor, PM with no other incentive? Or, is it a reputable GC who is looking for a steady supply of projects and looking to partner with an out of town investor? Yeah, still some ways to go before...

hello @Tyler.... I am in San Diego too. Welcome to BP

Welcome to BP, I am in San Diego and looking to get started on my first out of state deal as well. The thought did cross my mind of sticking to cities with some advantage - at the very least - a direct and cheap flight from San Diego

Fantastic, RSVP'ed, I am new to the investment community in San Diego and look forward to the meetup

@Dan H.

Would love to attend the meetups you are referring to. Any advise how I can get plugged in?

@Dan H.

Agree with you on strong rents in San Diego and the equity appreciation is not just an icing, but quite sizeable. I could either get it on $40k per year now in a cheaper market or sit on the sidelines for another 3 years before I get in another good rental SFH in San Diego which offers equity, cash-flow and strong rent growth opportunity

Hi @Matt R.

It is true that max value is captured and realized in a flip, as opposed to other strategies. Maybe I need to educate myself better to gain more confidence, but it seems to be the least forgiving on a misstep especially in an expensive and competitive market like San Diego...

Thanks @Ali Boone for the detailed response. I will connect with you over email to learn about your recommendations. 

Thanks @Dmitriy Fomichenko and @James Wise for the warm welcome.

 Would love to learn from your experience. I have a few questions, excuse my greed ;)

Please let me know if you prefer to answer over email or if you prefer not to answer some, if it is private. 

1. What are the real returns you have seen in your own turnkeys in those areas in the past 4-5 years?2. Who do you recommend for turnkey providers?

3. What are the timelines - from initiating contact with certain providers to closing on the deal?

4, Have you ever worked with turnkey providers who also throw in additional incentive by helping you acquire a rehab and they would manage the rehab and subsequently rental.