All Forum Posts by: Bill Manassero

@Brian Hall I started investing in real estate at age 60.  There are a number of considerations you need to take into account when investing with or for retired folks.  I address some of those areas in BP podcast #191.

If I can be of assistance, feel free to DM me.

Bill

Hey Fellow BPers!

Wondering if any of you have worked with or know of business consultants specializing in setting up and assisting real estate investors.  I'm looking for someone who can help set up the backend financial, operational stuff for real estate investing businesses.  

Any recommendations or referrals would be greatly appreciated.

Thanks!

Bill

I am really interested to see if there are investors out there who successfully use Auction.com to acquire investment properties.  If so, maybe you can share your experience.  Thank you!

Brendon,

Welcome to BP!  You are part of one of the best real estate investor networks I know of!

I live in Mission Viejo and am an out-of-state multifamily investor.

If I can be of any assistance, just let me me know.

Best,

bill

I am very curious if anyone uses online auctions like Auction.com or **************.  I want to find out if anyone has ever found any good deals on these or other online auction sites.  Thanks. 

@Carlos Altamirano  Thanks!  I'll give them a call!

There really is no such thing as a national housing market.  There may be national trends and recessions but the housing market has always been and will always be regional.

@Brian Myers I'm in Indy and I'm doing AirBNB (a newbie).  I have a duplex in Bates-Hendrix (no AirBNB) and a 22-unit on East Washington, near Irvington (2 units are AirBNB).  If I can be of help, let me know.  I'm working with Al Williamson on it!

@Scott Bolinger I, too live in Mission Viejo and invest in Memphis .  I really love it for many of the same reasons already mentioned here in your post, but I'm also in Indianapolis and Atlanta -- and looking at other markets as well.  I believe it's wise to be geographically diverse as an out-of-state investor (avoiding the "all your eggs in one basket" scenario.  

Memphis is what some investors call a "linear" market - a solid, bread and butter, cash flowing market. It's geographic location and many other factors make it attractive for investors. But it definitely has it's glitches. One SFR property I bought for $62K in what I thought was a solid blue collar family neighborhood, assessed, one year later, for even higher for a cash-out re-fi. Today, it's listed by Zillow (not always a reliable source) at $28K because of a flood of recent foreclosures. You just have to buy smart and carefully do your homework.

Hi my name is Bill Manassero.  I am a fairly new multifamily real estate investor who mainly invests out-of-state (currently, Memphis, Atlanta and Indianapolis).  I live in Mission Viejo.

I am looking for a good strong local (South Orange County/Orange County) real estate attorney to develop a solid long term relationship.  

If you have any referrals, I would greatly appreciate it.  Prefer first-hand experience referrals.  

Thanks!