All Forum Posts by: Becca F.

I haven't invested in NNN leases. I know a California investor who's investing in NNN properties in the Midwest and South, specifically commercial spaces for fast food, coffee shops and medical offices. So far he and his wife are doing well.

I forgot to add some portion of the $6 to $7 million liquid in a CD or HYSA as a safety net for market downturns and for the public market piece, some of it in bonds.

Possibly NNN leases out of state, no more dealing with residential tenants and repairs. Maybe multi-units in Nevada.

The allocation probably $2.5 to 3  million in real estate. The other $6 to 7 million in public markets (index funds, some individual stocks, Master Limited Partnerships and Business Development Companies, some REITs, gold) - the same as my answer to $1million question.

Possibly start up a small business and take out an SBA loan so maybe $500k (haven't researched this so I'm just throwing out a random number). 

Welcome to BP Jacob! I agree about the house hacking. I invest in the Bay Area and Indianapolis metro area. I won't go into my essay about Indiana - you can read some of my previous posts and comments. 

I think that's a great idea to reach out to connections in Vegas. Nevada has some of the lowest property tax rates in the country, lower than many Midwest states. And insurance costs seem reasonable - no hurricanes, tornadoes, etc. 

I'm flying out to Vegas in a few weeks with some other California investor friends to look at properties, some of them new builds with lower interest rate and warranties (hopefully capital expenses would be further down the line).  I'd be interested to hear your thoughts about Vegas after living there. 

 Someone just asked for my phone number in a DM out of the blue - person has no posts on BP.  I'm not giving out my number without at least having a message thread about their specific investing situation or goals. No info in their bio on their profile. I have no idea if they're a scammer. 

I think some of the "one post" people may just create an account, post then never come back because maybe they're not seriously interested in real estate or the ones who say how great a guru/coach is or a certain real estate company. Those almost seem like shills planted to stir up business for the guru or company. 

I'd invest up to $200k to $300k in real estate. For example $100,000 down payment on a $500,000 single family home. The remaining amount for reserves for maintenance, cap ex. I'm looking at new builds in Nevada specifically.

The other $700k to $800k I'd invest in public markets (index funds, some stocks, a few REITs, Master Limited Partnerships which have to do with energy resource, Business Development Companies). And maybe buy some gold or other precious metals. For me, I'm trying to stay liquid. 

My answer is based on losing money on buying Class C properties and I just find real estate stressful on top of a demanding W2 job and looking for a deal in 2025 with higher rates to be mentally exhausting (the last 3 years especially). I'm not trying scale to 50 or 100 units. 

 "I'm standing in front of your house and I have an offer"... that sounds creepy. Tenant is probably wondering who this person is lurking around.

I told one of them to remove me from their call list then another one from same "investment company" calls me lol 

I recognize the same area code with the different phone number variations calling 6 times in a row in 2 hours. One of these times I'll answer it and say "Pizza Hut, how can I help you?" just to mess with them. 

Really great post. I could upvote this 100 times. I messaged an aspiring California investor who posted about where to buy to get "high cash flow" and was willing to talk to her in detail. She hasn't responded back to get on a call. 

I said there is no high cash flow in 2025 and anyone saying there is, probably selling you something. Maybe start a business, invent a Time Machine to turn it back to 2010 lol (I didn't say that part to her). 

I blame a lot of if on these social media gurus saying earn "passive income using Other People's Money" (hmm... private lender or family/friend is going to loan a newbie investor with no track record money) that did this from 2010 to 2021. I know a few people locally that became RE coaches, really was shocked by one of them doing this...I cringe when I see their posts on social media. 

Not relevant to BP solicitation but I get multiple calls/texts and letters in the mail from wholesalers or "real estate investment companies" asking to buy my California and Indiana properties. The REI companies won't come out and say they're wholesalers.

One of them offered a number on my Bay Area property - I literally laughed at such a low price... trying to super lowball me. I texted them back and said "do you know how much this worth?" They claimed to be "direct buyers" and made it sound like they would move into the house, blah blah blah. And this was during the 2021 sellers market when CA properties were getting multiple offers. Unfortunately I think people that are unaware of their property value or don't have any real estate knowledge could be taken advantage of these lowball offers. 

 Got it. So I reach out (initiate the contact)  to an agent, CPA, lender etc that's fine. If they DM me first and say "I'm an agent in XYZ city or a CPA with ABC CPA Inc. Would you be interesting in hopping on call to discuss this market, etc" that is solicitation? 

The more gray areas are we share our investing stories then they do the sales pitch. 

I receive mostly messages from new investors from California. When I first joined BP in 2022, I received over 50% DMs from agents or someone in the real estate industry, including CPAs. I rarely receive solicitations now. 

Two of the weird DMs: a scammer who tried to get me to loan him money in a double close who wound up getting arrested. @Jay Hinrichs read through this guy's documents and knew it was a scam. 

 The other one was this guy trying to pretend to be interested in real estate, looking to buy rental property in the Bay Area - said he was a physician with a real estate business (investment company??) talked to him on the phone but it was difficult because English wasn't his first language. Google searched him and could find no record of this person's name as a practicing physician in the USA. I even referred him to a Bay Area agent. He starts asking personal questions and telling me he would marry me and we could move to his home country and how he was grieving because his wife died...weird. He deleted his account before I could report him to BP. 

I'd say recently someone asked me if I needed private lending and to get on a call with CPA. My answer was no on the private lending. 

I'm not clear but are solicitations allowed in DMs? I know blatantly trying to sell something in the forums or self promotions isn't.