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All Forum Posts by: Jose Perez

Jose Perez has started 21 posts and replied 120 times.

Post: Newbie Building a Team !!!!

Jose PerezPosted
  • Investor
  • Stockbridge, GA
  • Posts 122
  • Votes 41

Hey @Anthony Dunston! Welcome to BP. You will love this community. I see you are from ATL so attending this meetup is a MUST: https://www.biggerpockets.com/forums/521/topics/58...

There is a private/secret FB group and instructions on finding it are in that forum post I linked to above. Aside from these meetups start listening to all the podcast... they are GOLD!

Look forward to meeting you and possibly working together in the future!

Post: Monthly Northern Atlanta Real Estate Meet Up/Mastermind.

Jose PerezPosted
  • Investor
  • Stockbridge, GA
  • Posts 122
  • Votes 41

@Curt Smith, there are anywhere from 80-100 people showing up to these events lately. @Jered Sturm and a few other people have been meeting up before the meeting at a restaurant/bar before the meeting to start the festivities. I myself haven't attended the pre-meetings at the restaurant so don't know the details.

For what it's worth... the place we meet at is on the first floor. Hopefully this works for your allergies ;)

Post: Nightmare 1st Property - Does it get better?

Jose PerezPosted
  • Investor
  • Stockbridge, GA
  • Posts 122
  • Votes 41

Hey @Account Closed, keep your head high! Like everyone else has mentioned... you will become a better investor because of this, you will see. You should definitely buy this book and give it a read: "Long-Distance Real Estate Investing" by David Greene (https://www.biggerpockets.com/store/long-distance-...). I heard his recent podcast where he explained his process and it seems pretty air-tight. He too lives in the bay area.

To David's point... as a new investor... this could of happened to you even if the property was local to you. We don't know exactly what we are looking for. After all you didn't notice the outlets after spending a 1 week in the property. It's all about relationships and finding the BEST realtors/contractors/prop. managers/brokers/inspectors as you can. Asking for references and doing your due diligence. Once you find these players and meet with them and get on the same page... success will follow. A "good" property isn't hard to find... a GREAT team is. That is where you need to invest your time in.

Best of luck to you on your next deal! Soon, this will be in the rear-view mirror ;)

Post: Syndication Pitch Book/Pitch Deck Examples

Jose PerezPosted
  • Investor
  • Stockbridge, GA
  • Posts 122
  • Votes 41

Hey y'all! I reached out to @Tony Nguyen (about a month ago or so) via a colleague request and he sent me a copy of one he had recently used. Very helpful!

Still haven't heard back from @Mark Allen.

Post: Monthly Northern Atlanta Real Estate Meet Up/Mastermind.

Jose PerezPosted
  • Investor
  • Stockbridge, GA
  • Posts 122
  • Votes 41

Hey @Moncy Samuel. Just show up. The information is pinned on top of this thread. I have attached a screenshot of it. It's a free event and everyone that can is encouraged to attend.

FYI There will be no meeting in December due to the holidays. See you in January :)

Info down below!

Post: Monthly Northern Atlanta Real Estate Meet Up/Mastermind.

Jose PerezPosted
  • Investor
  • Stockbridge, GA
  • Posts 122
  • Votes 41

@Dan Mundie NO SIR!! Just show up. Don't miss these meetings. It doesn't matter where you find yourself in your REI journey, learning and networking from and with other investors is essential and FUN!

Finding the place can be tricky depending where you come from so if you need any help/clarifications... feel free to call/text me. Look forward to seeing you at the next meeting!

PS: Keep asking away! That is the point of this community :)

@Deborah Pyburn, I have searched online without any luck in finding that specific course/license. If you know where we can find out more information on the GA Property Management License can you post a link/number? I, along all of Georgian BiggerPocketeers, would be eternally grateful! If you can't recall the info, thanks any ways :)

LMBO!!! Thanks for responding in such a funny way @Account Closed! Thanks for the insight.

FINEEE **dragging his feet** I will just have to figure it out! LOL. Just kidding. Thanks guys!

I'm interested in acquiring a small multifamily property (3-4 units) but I don't necessarily want to live in it because of the area (not a bad area... but I have a 1 year old daughter and don't want to move away from the grand parents). Having to come up with the larger down payment for a conventional commercial loan could prove to be a challenge but it is doable.

I'm approved for a 5% down payment (owner occupied) loan. My question is... has anyone here ever done purchased a property but not lived in it even though it is supposed to be your primary? And the unit that is supposed to be for you, the owner, leasing it and while leaving your name registered at that address.

Has anyone ever done this? Can I get caught? If so, what type of trouble can I get into?

Post: First Flip in the Books

Jose PerezPosted
  • Investor
  • Stockbridge, GA
  • Posts 122
  • Votes 41
Congrats on your first flip Ryan Substad !!! Thanks for sharing. Now that you are officially an experienced investor (LOL) Would you use that company again? Or would you rather try to acquire a property another way? Also, are you happy with the contractor? Or you are still going to explore other options?