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All Forum Posts by: Jeff Zimmerman

Jeff Zimmerman has started 12 posts and replied 352 times.

Post: I've got $500k in cash, how should I invest it?

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

@Account Closed good luck man!  I had a client recently who was in the same position.  $500k goes a long way in the Central Valley, most of the time you can buy a duplex or Tri-plex for less than that or a 4 plex that needs a little rehab and has some value add opportunities. If you have any questions feel free to let me know. Good luck! 

Post: Fresno market for Travel Nurses and Airbnb

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

hey Paolo, short term market is pretty good, it was better during covid which was really high and that's what most people compare it to.  Most of the time you can plan on about 50% occupancy and rents anywhere from $80-$150/night depending on size of the home.  I have a few financials from some recent places I've worked with if you'd like to see them.  Feel free to message me. 

Post: $100k to start investing into real estate, in California. Stay, or go out of state?

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

Good questions to ask as you are starting out.  If it were me I'd start where you live, it's much easier to get experience when you can be really hands on.  Then, after you have a good grasp on what you are doing begin looking in areas you think the cash flow is better (if that's the case).  Good luck! 

Post: Looking for Property Management in Fresno CA

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

@Gursimran Singh congrats on finishing out your first house hack.  There are a few really good ones in town and all have different strengths when it comes to class of the house and area.  I use Neighborhood property management for my MFH, I've also had clients use Regency who are really good in C and below areas.  @Yue Lehman mentioned Managex, I've never used them but I hear they do a good job.  You are welcome to message me if you have any other questions or want more details. Good luck! 

Post: Phoenix Metro Homes Among Nation’s Most Overvalued, Study Finds

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

That's a great link, I was linking for the section of the top 100 underpriced metro markets but couldn't find it, anybody see it?

Post: Insurance for multi-family

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

Goosehead does a good job, they are local in Fresno as well.  is it commercial or residential?  for commercial I use Karl Thiesen at Dibudio and Defendis, for residential I use Alica Romo at Dibudio as well.  message me if you'd like contact info. 

Post: Good Vaca Rental Manager-Santa Cruz

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

@Trago WAllace sorry I just saw this, I remember speaking to Someone but it was a long time ago. I hope you found someone great!

Post: Realtor needed in Fresno, Ca for First time home buyer/investor

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

 what's up Ryan, I'd love to have a conversation if it would be helpful for you, feel free to message me if you'd like to talk about anything and everything related to Fresno RE!  I'd be thrilled to work with you! 

@Ryan Shelton

Post: Anyone have experience with AirBnB rentals in Fresno/Clovis , CA?

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

hey @Marie Tanjuatco, we have a great AirBnb manager in our office, I send lots of people to him to ask questions.  if you'd like his contact info feel free to message me.  good luck!  overall short term rentals do really well in fresno, they gross about 4x as much as long term rentals. 

Post: Finding a Buyer's Agent

Jeff ZimmermanPosted
  • Real Estate Agent
  • Fresno, CA
  • Posts 358
  • Votes 172

@Daivic Vora great question.  I agree with @Daivic Vora in that it's better to have different agents in different cities and areas you are looking into.  Real estate is a localized business and using an agent out of the area of where you are purchasing is only useful if you know the market already.  But if you are looking to gain expertise on certain areas, having a local agent is the best way to go.  Good luck and let me know if I can answer any questions about Fresno! 

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