All Forum Posts by: Jeb Brilliant

@Account Closed I'm a full time investor from Long Beach. I'd be happy to chat with you on the phone and help you dissect some options. I started with single family homes and have worked my way up to apartments at this point. It's a long journey but worth it. DM me and I'll send you my #. 

Welcome @Kenny Schumacher I live in Southern California and invest full time in Indiana. I love the market there and it's been good to me. If you ever have any questions about Indy as a whole or Indianapolis in particular I'm happy to answer what I can. I've worked with a bunch of people there over the years and have some to recommend and some to recommend you stay away from. DM me to talk. Good luck! 

@Phong Tran This is a good time to start looking. With winter coming things will slow down in Indy and GC's will start to need work again. The last few summers have been so busy you can't even find a handyman. If you want some help building your team DM me and we can chat, don't worry I don't have anything to sell. I live in Long Beach but will be in traveling this week so maybe we can chat next week. 

I agree with Josh and Neil. I have a few houses not far from there and the neighborhood is changing fast. 

@David Ripplinger 

So, my question is two-fold:
1. Is having a team that also invests a significant problem? If so, how do people mitigate or avoid it?
2. Why are investors in the forums eager to share with other investors in the same area who their team is?

1. NO, I want my PM, GC and everybody else to be investors. They understand better then someone who doesn't. There re enough deals to go around. 

2. People want to help each other. I've only gotten as far as I am because people helped me and continue to help. I run meetups to try and pay it forward. Also the more business I give a GC, PM or wholesaler the more likely they are to take care of me. 

@James Pettinelli Trust but verify. I live in California and invest in Indianapolis. I've gone through several PM's and too many contractors. I have a wholesaler I really like and on my next purchase I'll use his rehab team as well. He's helped several people I know BRRRR properties and I'll use him for that entire process.

Trust but verify. You can't implicitly trust anybody trying to sell you something. Real estate agents always like to show you the best comps, PM's tell you they can do a turn for a certain amount of money and then it goes up. Remember to get unbiased opinions on everything, even if you have to pay for them. 

Jerry, 

I'm a full time investor in Indiana and I live in California. Indy has been good to me for the last several years. If you'd like to talk about it I'd be happy to share. DM me and we can talk. 

Best,

Jeb 

How can we help you in your investing career?

Come to the next meet up to get your questions answered as well as network with local BP'rs.

This local BP real estate meet up is for people in and around Los Alamitos, Long Beach, Seal Beach and beyond. I want to invite you to our FREE monthly event. This is for new investors and experienced pros, for buying locally, out of state, note buyers, JV partners, syndicators and any other type of real estate related investment. Seasoned investors will be there answering questions for newbies.

***The event is FREE and there will be absolutely NO sales pitches for books, seminars or guru’s.***

When: The Last Wednesday of the Month
Time of the event: 7PM
Location: Taco Surf restaurant 10542 Los Alamitos Blvd, Los Alamitos, CA 90720
Fee to attend: FREE but PLEASE buy food or drink.

Thanks very much and I hope to see you at the meet up.

Best,
Jeb Brilliant
562-296-2596
[email protected]

BiggerPockets.com/users/JebBrilliant

How can we help you in your investing career?

Come to the next meet up to get your questions answered as well as network with local BP'rs.

This local BP real estate meet up is for people in and around Los Alamitos, Long Beach, Seal Beach and beyond. I want to invite you to our FREE monthly event. This is for new investors and experienced pros, for buying locally, out of state, note buyers, JV partners, syndicators and any other type of real estate related investment. Seasoned investors will be there answering questions for newbies.

***The event is FREE and there will be absolutely NO sales pitches for books, seminars or guru’s.***

When: The Last Wednesday of the Month
Time of the event: 7PM
Location: Taco Surf restaurant 10542 Los Alamitos Blvd, Los Alamitos, CA 90720
Fee to attend: FREE but PLEASE buy food or drink. 

Thanks very much and I hope to see you at the meet up.

Best,
Jeb Brilliant
562-296-2596
[email protected]

BiggerPockets.com/users/JebBrilliant

 Hi Alyssa, Excuse the delay in responding, I was on vacation and then playing catch up. To answer both your questions it depends on the area of the city or if you go outside the loop and where outside. Your numbers look good until you have a turn so I’m buying in areas with fewer turns. 

I can talk about specific areas if you have questions. Or any other questions. DM me and we can chat on the phone. 

Best,

Jeb