All Forum Posts by: Brianna Billings

Hi Mario,

I would follow Real Estate events on both Meetup and Eventbrite. There is an ADU event tomorrow specifically (see link below) in North Park.

https://www.eventbrite.com/e/ad-you-cheat-codes-manufactured...

I have also attended an event hosted by CalHomesCo in the past, and was very impressed and learned a ton! Here is a link below:

https://www.meetup.com/san-diego-real-estate-group/events/30...

Best of luck!

Brianna

Hi Marquis,

That is so exciting and posting here is such a great way to build connections! Like Becca said, meeting people in person is the BEST way to build connections in my opinion. I'm a local investor and realtor and will be attending this meetup tomorrow with the intention of building connections. You should come!  

https://www.eventbrite.com/e/ad-you-cheat-codes-manufactured...

If you can't make event, I would get a Meetup and Eventbrite subscription and follow real estate meetups. Your connections will grow and compound from there! 

Best of luck!

Brianna

Hi Marc,

I personally managed my AirBnb in the Big Bear area and switched to Property Managers (Rather Be Properties) to free up time and brain space. Because of their excellent systems having price adjustments based on weekdays/weekends, time of year, etc. and their ability to post on all platforms (including their own website that takes out the platform fee charged by AirBnb, VRBO, etc.), my total revenue went up significantly, despite the cost of the management itself. 

If your'e interested, I would highly recommend looking into them and setting up a meeting where they can give you an idea of the potential revenue that they anticipate with your home. They will also do a primary walk through and help convert into an attractive AirBnb based on needs of the area. Here is their website below, let me know if you have any questions! 

https://ratherbeproperties.com/

I also attended a workshop hosted by https://www.stayclassyhomes.com/, and they were specially really knowledgable about San Diego. While I don't have personal business with them, they were highly professional and rated. 

Best of Luck!

Brianna

Hi Lena! 

Super excited to hear you are looking to connect with investors. I am a real estate investor and a realtor, but I don't have experience in land flipping yet- super interesting topic though! I will be attending an ADU event tomorrow in the North Park area. While it is not for land flipping, it is a great opportunity to meet some connections in person. Thought I would send you the link if you are interested. I'll keep you in mind if I hear of anyone involved in land flipping!

https://www.eventbrite.com/e/real-estate-cheat-codes-ad-you-...

Best of luck!

Brianna

Hi Esha! 

I related a lot to you when I read this, because I bought my first property in San Diego a few years ago and put approximately $30k down on my property which was about 5% of the loan, and spent about $15k on closing costs. But I completely understand thinking about not purchasing in California and opting for a cheaper area of living.

If I were you, I would look through Bigger Pockets website and contact one real estate agent in each location and describe your situation. If they can each send you a few options for investment properties, this might give you a more tangible way to decide what area to invest in. Make sure to be using an investor friendly agent because they will really understand what you are trying to find and send you homes that make sense for your needs. 

Also, since you are considering moving (that is so great have this flexibility with your job), I would make sure that you like the areas you are potentially moving to and keeping the weather as a consideration. I visited Ohio in the summer, but haven't in the winter, so as a born & raised Californian, I'm not sure how easy it is to adjust to. 

Lastly, when thinking about where to purchase, I would keep potential growth in the area and appreciation front of mind. If you ask the real estate agents what they foresee, or look into the blogs, there should be more information in regard to that. 

Good luck, and I'm sure you will get a bunch of other responses that will be helpful too! You are in such a great spot with so many amazing opportunities ahead of you!

Best Wishes,

Brianna

Hey TJ,

That deal seems really great- what was your estimate/timeline for the rehab?

Thanks,

Brianna

Hello Jess,

I had a coworker who worked to develop an app for password updated. One of his major mentors was a professor (who specialized in coding) at his college alma mater, who was a great help to him throughout the process. Since the professor was involved in other app launches, he was able to point him in the right direction for additional resources. 

I also looked online and saw that there are a few major groups on 'Meet Up' for app developers that may have way more specific and great resources. https://www.meetup.com/topics/app-developers/

Also, in regard losing confidence in the app or being dispirited, I would recommend listening to the Bigger Pockets Money podcast episode: 'Bar Rescue' Host Jon Taffer on the "Secret Recipe" for a Successful Business. Although the businesses are not directly related, Jon discusses how he overcame the rejection of his first pitch for the show, and his successes following that rejection.

Best regards and hope to use the app in the future!

Brianna

Hi Peter,

Based on my research for St. Clair Shores, MI, it seems that the rates per month that you are able to get from going from a 2 bedroom to a 3 bedroom are pretty comparable (within a few hundred dollars of each other). I would be curious how many bathrooms you have given that the total bathrooms may affect the monthly rate. How much do you estimate the additional bedroom add?

Also, in California, we are currently short on housing, so there has been a lot of creative renovations such as adding a JAHU (Junior Additional Housing Unit). A garage conversion to a studio would be considered adding a JAHU. One of my friends converted their garage into a studio, and she and her husband and are living in that while they rent out their 3 BR, 2BA house to travel nurses. Depending on how much you are able to get in rent for the studio, or if you have need to live in it yourself, this could be an option! I am not sure if this is as common, or even permitted in Michigan, but wanted to throw that out there.

Super excited to hear how this investment goes! 

Brianna

Appreciate the information Carlos! I bought in San Diego myself and have seen the benefits of appreciation greatly. That is good to know about Montomery as well regarding potential vacancy. 

Thanks again!

Brianna