All Forum Posts by: Chris Williams

Before a website, read some more on note investing here on BP. We have some of the best note investors on the planet right here. They've shared a lot of information in their posts. Here's a couple of them: 

@Cody Cox

@Bob Malecki

@Dave Van Horn

From there, these guys' websites have more resources. I think one has a calculator, or analysis guide. Best of luck!

I too am looking at Birmingham, and Huntsville. The recent Mazda plant announcement caught my attention, and then I heard a Real Wealth Network guest talk glowingly about the state. 

I'd be curious to know about vacancy rates, average cash flow, if small MFHs are commonplace, and so on. Thanks.

@Kevin Coggins A note for a brewery huh? I know some friends who'd enjoy that sort of investment...especially with the 'cash flow' you mentioned!

Could I ask for a few links on investing in RE notes for less than 10k? I should have that much pretty soon, and a note seems like a good short-term idea right now. Appreciate it.

I had pets around me growing up. Cats and dogs. The cats made horrible messes indoors and out on a regular basis. (I actually witnessed cats spraying in places I wouldn't have believed without seeing!)

The dogs occasionally knocked things over or chewed something up. But for the most part they were much easier on a place than the cats.

That said, we always had a yard for them to do their business. Multifamily is another story.

As a Fremont local, let me toss in a small bit of demographic detail on the "low separation/divorce rate" factor. Fremont is home to some of California's largest immigrant populations from Afghanistan and India. Traditional people from cultures that actually respect marriage.

Met a bunch of them. Some were really nice and friendly. Others don't like associating with people of different ethnicities. Oh well. Nobody's ever treated me badly.

That said, I wouldn't have put Fremont at the #1 spot...unless you're comparing it to places like Oakland and San Francisco. It blows my mind that THOSE cities are in this list at all. Did they just survey $200K/year tech workers in gated communities? Pardon my slight hyperbole, but the cities are more akin to war zones!

As Fred Heller pointed out, Alameda's pretty nice. Still a bit on the crowded side for my taste, but they have nice people and some cozy houses.

One final aside...Greg H. saw Scorpions live. Jealous.

Interesting input all around. Thanks for asking @Tina Chen . Personally, I had considered the Birmingham area, but not upstate New York. Hmm...

I wondered when I saw the thread title. "Wait, does she mean a $55,000 deal in Orange County? Why the heck are you even hesitating?!"

Unfortunately Mr. Xie is right - you'd be VERY lucky to find a house hack with that much.

Conversely, good on you for saving up that much. You could easily pick up a property or two with it...just not in Orange County. (Or almost all of CA for that matter.) Have you considered investing out of state?

Seconding Logan's idea. A house hack works for just about anybody, with not much money involved.

You can also partner with a more experienced investor and/or hard money lender for extra funds & support. Plenty here on the forums about both. Welcome aboard the REI train!

Hey guys! Fellow Fremontite here. Welcome on board. You'll find Grand Imperial tons of REI knowledge in these forums.

Johnson, Logan's recommendation is a great one. I would love to do exactly that as well.

Always glad to see more locals (even if the RE market here is padded-room insane). Happy to connect as well.

Okay, I don't want to kick a hornet's nest here. Just want to share an observation.

Earlier in the thread, Mr. Wise posted a series of photos of the interior of a client's property...after the client purchased it. One other person pointed this out as a violation of said client's privacy. I emphatically agree.

In my industry (IT) this is akin to posting photos of a customer's datacenter on Instagram. GROSS privacy violation. Could easily lead to millions of dollars in cyberattack-related damage. If you did this you'd get fired THAT DAY, blacklisted from working in the industry again...and it would be 100% your fault.

I value my privacy (as I'm sure everyone here does). If a property manager treats it with casual disregard, well, they won't work with me. Ever. The whole "he started it!" is for the child's playground, not the professional's office.

I must thank everyone for their input. I'd considered investing in the Cleveland area later this year or early next year. This has convinced me never to do that!