All Forum Posts by: Cynthia Carmona

I second @Ryan Jackson. Newbie investor in SoCal, looking at Riverside County...

Hm, thanks for the feedback. @Account Closed, like what you said about sticking to my criteria. Getting ahead of myself a bit...typical.

Welcome Peter! I'm a newbie myself, although I'm based in SoCal. Born in the Bay Area but lived in Sacramento for about 6 years.

I'm loving the BP podcasts, in case you haven't checked those out yet. I just plug into those when I'm doing dishes, my commute, etc.

See you around!

Cynthia

So, new to this whole REI thing. I'm messing around on Zillow just to start looking at various markets - what stuff is being listed for, for what, etc. A particular area of the map is LIT UP with listings. What might be going on here?

For my California peeps, I'm looking at Hemet, CA. Inland Empire - pretty far out from urban centers. When I was last out there a few years ago, seemed to be a bit of new construction going on.

Does this mean good opportunities or STAY AWAY?

@Kinga Dorosz thanks so much - I will take a look.

Best,

C

Hi Kinga, 

I'm just getting started as well and am in the Pasadena area. I'm not looking to buy a first investment property until later half of 2016 but would like to learn as much as a can and meet folks/network. I'd love to check out any networking opportunities in the Pasadena area or nearby if you know of any!

Thanks,

Cynthia

Welcome! Newbie here as well...

Hi All,

I just realized the geographic-focused forums here - looking for CPA recs in LA County. Preferably in the Pasadena area but will travel a bit for the right person. Need someone comfortable with advising on inheriting multi-family rental property. Any suggestions would be welcome!

Thanks, Cynthia

Hi All,

I'm looking for a CPA, preferably in the Pasadena area but am willing to travel a bit for someone great. 

I need someone who can advise on inheriting multi-family rental property, along with other things.

Thanks, Cynthia

David - I'm already listening! I'm a big podcast nerd - great for my commute!

My grandfather owned a family auto repair business in SF for some time, but my grandmother (think 1950s housewife with a penchant for cocktail hour) was always great with numbers. When her kids were older she did some part-time accounting/tax work and one day took a real estate class. She was convinced they needed to buy an apartment complex. Short story is they did it in 1973, soon bought a second, and they still have the first one they bought (I think its 10 units?). It made them multi-millionaires and in their golden years, were able to live off the considerable income it brought them. In the early days, they did all the rehabbing THEMSELVES (installing new dishwashers, etc.) They always lived simply but had the means to pay for the college education (and beyond) for all of their grandchildren. Many of us "young kids" have been inspired by her.

While I'm still trying to get over the risky side of real estate investing, she definitely inspires me to believe its totally doable if you're willing to put in the work.