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All Forum Posts by: Virginia Marphis

Virginia Marphis has started 84 posts and replied 150 times.

Post: House Flipping with the help of a Real estate agent

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

Adam,

I am a realtor in Reno Nevada who is a big advocate of self education, coupled with the right team, and possibly a mentor, you can succeed faster within this business. I don't believe you NEED a realtor, but a good realtor can keep you out of some sticky-wickets just by their knowledge. A realtor who invests in real estate, themselves, is always helpful. Those who don't invest in real estate and are recommending it for others, makes me take pause. Either they are not doing it because they don't believe in what they are selling, or they are too scared. Neither of these is good. 

Reading, listening to podcasts, and asking questions on forums like this are key.  I never go to my doctor, get a diagnosis, and just hope they know what they are doing. We have so many amazing resources out there to help us do our own due diligence. 

Plug into a local investors Meetup or REI and talk to those who are using the same model you are using. Just by surrounding yourself with like-minded individuals and having great conversations, you can avoid pitfalls you may not have known about otherwise.

I teach a class on investing in real estate here in Reno, and run our local investors group who meets once per month. A lifetime of education never hurt anyone. Just make sure you are a doer who lines up financing, is ready to jump when opportunity arises and educates themselves about their market they are buying in by going to Builders meetings, Zoning meetings, and local economic development planning meetings.

If this guy is finding you great properties, that's awesome. Just buyer beware. A lot of those who flip properties have a different mindset than those who buy and hold.  Hopefully he will help recommend the right inspections and know a little about the rental market to be able to help support your investment decisions.  At least he won't be competing with you for those buy and hold properties. 

Have you read the BRRRRR Book? (I think I may have put too many R's in there. LOL!)

Ginger

Post: Real Estate lawyer recommendation in Reno, NV

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

Titus, I'm happy to recommend several people you can add to your team. I'm a realtor/investor in the area and would love to help . PM me. 

Post: THE LOCAL MARKET WITH Ken Amundson - Trends & Cycles are speaking

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

Please, Join us and learn, network, share ideas. You do not need any prior experience in real estate to participate, just a strong desire to grow a profitable real estate portfolio and learn from other investors the best methods and tools to use. Let's do this!

Keep your Third Wednesday of every Month open to join us.

The Month of January will include the following topics:

Ken Amundson, a market expert, will review with charts and graphs a review of the 2019 Reno/Sparks Market and share key indicators to help us understand shifts in the market and what these indicators are saying about our local market.

Tom Kozial will cover Credit Rebuild Program, Capital Ready Program for Small Businesses, Pronto Business Loans.

Please, if you have any expectations or requests, message me at least two weeks prior to the meeting, and we will do our best to accommodate.

We are looking for some speaker ideas or topics. You are welcome to submit those ideas so that we may engage this group in interesting, educational topics

We are looking forward to seeing everyone in the Month of January.

Ginger Marphis, Realtor (Lic. S.177579)

Keller Williams Group One Inc. 

Real Estate Investors - Guest Speaker: Tom Kozial & Ken Amundson

Click here to register with the Meetup Group who sponsors these events.

Post: Wholesaling in Reno, NV

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

David,

There are opportunities everywhere. You may want to recruit the help of others within your sphere to help you find what you are looking for.  I agree that you need to know, as a wholesaler, what the rehabbers are looking for.  Perhaps join the local Investors Group to network with investors who are actively looking. 

I agree our price point is creeping up here in Reno, NV.  This is definitely becoming quite the economic housing boom. I've learned how much more opportunity we actually have with the growth going on here. 

I'd love to invite you to the group I lead who gets together once per month. 

Message me.

Post: Frustration with Agents? How to find a good one?

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

What area area you looking?  I work northern nevada, and have partners out in all areas of the country who are investor friendly. I'm inclined to recommend a change.... or, at least, expressing your concerns to your agent, if you haven't already.

Post: Top Online Resource Tools for your Real Estate Investing & Why?

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

ONLINE TOOLS & RESOURCES

As we begin building our Real Estate Portfolios on every level, utilizing online tools to be more efficient is key. What online tools/resources or services do you use and why?  I'm adding a portion of our investing groups subject matter and know the knowledgeable experts are here on Bigger Pockets. I'm excited to see what you all come up with.

Post: Investor Tax Strategies by Guest Speaker: Maine Shafer

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

"Tax-Reduction Strategies - Live"

SPEAKER: MAINE SHAFER, Bradford & Company Instructor

Wednesday, 2/19/2020, 5:00 pm-7:30 pm

Northern Nevada Real Estate Investors MEETUP
Expected Attendance: 50

LOCATION: 

Keller Williams Realty Office

10539 Professional Circle
Reno, NV 89521

Contact Name/Phone: Ginger Marphis (Director/Organizer) (775) 846-0349 (cell) [email protected] (email)

No Video Recordings: This is a live interactive program so please no telecasts, webcasts or recordings.

At the end of the presentation,  attendees may choose to purchase Bradford and Company's full educational program, Tax Solutions Program (professional group discount). Regardless, everyone present will walk away with thousands of dollars in new deductions. We look forward to connecting your attendees with more of the money they earn!

Bradford and Company
Bradford Tax Seminars

Looking forward to seeing everyone at this special event in February.

Post: Review of the Reno/Sparks Local Market: by Ken Amundson

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

Join us and learn, network, share ideas. You do not need any prior experience in real estate to participate, just a strong desire to grow a profitable real estate portfolio and learn from other investors the best methods and tools to use. Let's do this!

Keep your Third Wednesday of every Month open to join us.

The Month of January will include the following topics:

Ken Amundson, a market expert, will review with charts and graphs the 2019 Reno/Sparks Market and share key indicators to help us understand shifts in the market and what these indicators are saying about our local market. THIS IS A MUST NOT MISS EVENT.

Tom Kozial will cover Credit Rebuild Program, Capital Ready Program for Small Businesses, Pronto Business Loans.

Please, if you have any expectations or requests, message me at least two weeks prior to the meeting, and we will do our best to accommodate.

We are looking for some speaker ideas or topics. You are welcome to submit those ideas so that we may engage this group in interesting, educational topics

I'm looking forward to seeing everyone in the Month of January.

Post: Real Estate Investors Panel Of Experts in the Area

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

Join us and learn, network, share ideas. You do not need any prior experience in real estate to participate, just a strong desire to grow a profitable real estate portfolio and learn from other investors the best methods and tools to use. Let's do this!

Keep your Third Wednesday of every Month open to join us.

The Month of December will have a Panel of Real Estate Investing Experts.

Please, if you have any expectations or requests, message me at least two weeks prior to the meeting, and we will do our best to accommodate.

We are looking for some speaker ideas or topics. You are welcome to submit those ideas so that we may engage this group in interesting, educational topics

I'm looking forward to meeting you all at December's Meeting!

Post: INVESTORS MEETup - Cory Miller - The Reno/Sparks Micro Markets

Virginia Marphis
Posted
  • Real Estate Agent
  • Reno / Sparks, NV
  • Posts 158
  • Votes 59

Join us and learn, network, share ideas. You do not need any prior experience in real estate to participate, just a strong desire to grow a profitable real estate portfolio and learn from other investors the best methods and tools to use. Let's do this!

Our Guest Speaker is Cory Miller runs the Commercial Division for First American Title and is one of the most informed and influential people in the know about the goings on for permits and new builds and zoning changes within the areas.

Keep your Third Wednesday of every Month open to join us.

The Month of November will include the following topics:

- What's happening in the area?
- Who's building what? when? and why is this important?

- Rental Market Report - By Robert Hughes of PMI

- Market Report Share - By Ginger Marphis, Your Local Realtor 

Please, if you have any expectations or requests, message me at least two weeks prior to the meeting, and we will do our best to accommodate.

We are looking for some speaker ideas or topics. You are welcome to submit those ideas so that we may engage this group in interesting, educational topics

Contact Ginger Marphis, Meeting Coordinator with any questions (Text/email only, please) : 775-525-0322 or [email protected]