All Forum Posts by: Keith Mintz

Hey Yvanna,

Unfortunately there's not one in GF, but you're always welcome to join us for Missoula's. Shoot me an email and I'll share details, as well as how to start one in GF. 

Hi Keith!

While I am not personally investing in sober living facilities, I have many clients who do. I enjoy working with them and witnessing their dedication to assisting individuals in vulnerable circumstances who are striving for a positive change. Secure housing is fundamental to embarking on a new path. Combining a means of generating income with providing support to others is a win-win.

I highly recommend establishing contact with the National Alliance for Recovery Residences (NARR) if you have not already done so. This will provide opportunities to network with individuals sharing similar objectives and potentially connect you with residents for your property. Moreover, providing sober living accommodations is a common initiative for nonprofit organizations, and numerous clients of mine have established nonprofits specifically for this purpose. Nonprofits are alway seeking connections to either find residents for their facilities or locate facilities for their residents. They are also typically willing to share their experiences in these areas. I suggest researching nonprofit organizations in your local area that provide this service and contacting them to get their insights.

When leasing your property, it is important to establish clear house rules that each resident must sign and adhere to in order to maintain their residency. These rules serve to protect the residents, support their recovery process, and ensure the proper maintenance of your property.

Furthermore, I recommend placing your property within an LLC for asset protection. By transferring the property out of your personal name, you can dramatically reduce the liability exposure associated with the real estate and safeguard your personal assets in the event of a lawsuit.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, or financial advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hey guys, 

My first post here, I have been saving up and researching a bunch to purchase my first property. I am rarely able to find relevant information, so I thought I would see what you guys think.

Im in Roseville,CA, Sacramento area. Currently own a house with a nice $1500/month low interest mortgage. The home is in a nice area so I want to hold on to it. I want to acquire my first investment property but not sure which direction to go.

I have been considering in buying out of state. I went to school in Notre Dame, IN and it seems like houses cash flow over there. 

I would love to invest closer to me, but there are not many deals I can find locally that would work, primarily looking for cashflow. I looked at a manufactured home on owned property, but that was priced too high for my comfort. Duplexes seem out of reach at the moment and they do not cash flow(at least with my calculations). Looked at some condos, but would hate to pay all the HOAs, that I feel I could use better. 

Finally, I have been looking at land in foothills, 45-60min from Sacramento. It seems like I could buy some land there. My idea is to find land with a view to build a very simple small house 600-800sqft to live in and rent out my current house, looks like I could get up to $2500 in rent for 3bed 1 bath house. While living in the smaller house I could improve the area around it like build a nice deck for a view, maybe a sauna, firepit etc.  Then once we build up some money hopefully buy another place and move, and turn the small house into a short term rental. 

The properties I am looking are in  $100k - 250k range.  Some are ready to build, some need to be developed. 

I can pull together roughly $50-60k in cash to invest. 

Am I over complicating my first investment? Or is it feasible and could work out for me ? 

I would appreciate any comments, ideas, advice and local connections as well ! 

Thank you!

Hey BP community,

Looking for some feedback on a decision I’ve been going back and forth on — hoping some of you with experience in high-appreciation markets or equity redeployment strategies can weigh in.

Here’s the situation:

• I own a rental property in Carlsbad, CA (ZIP 92010).

• Purchased for $820K, now worth ~$1.5M.

• I owe ~$630K on a 3% fixed mortgage.

• It cash flows about $20K annually after all expenses.

• I now live in Texas and am considering either upgrading my primary residence here or reallocating the equity into something more scalable.

My current thought process:

Pros of Keeping:

• Locked-in 3% rate is hard to beat.

• Strong appreciation and demand in Carlsbad.

• Consistent, low-maintenance cash flow.

Cons of Keeping:

• Significant equity trapped in a single asset.

• $20K/year on $870K of equity is a pretty low return (~2.3%).

Options I’m considering:

1. Sell and use part of the equity for a larger home in Houston (where I’m raising a growing family), and invest the rest into the stock market or other real estate deals.

2. Do a cash-out refinance, though the rate jump makes me hesitant.

3. Just hold long-term and let it ride — enjoy the appreciation and tax benefits.

Would love to hear from anyone who has faced similar decisions, especially those who’ve moved out of state from a high-growth area. What would you do in my position?

Appreciate any insights!

Brandon

Hey Keith, long time no talk:-) Lot's of good off market opportunities. Highest number of flips in Sacramento are happening in the North Highlands or Del Paso Heights areas. Price points are low, rehabs quick, dispoing properties relatively easy. Lot's of first time homebuyers. We've had a number of wholesale deals in those areas.

Hi Keith, your by-the-room STR/MTR success in San Diego is impressive—full occupancy is a big win! As an STR/MTR host & co-host in North Atlanta, I see a lot of hosts thrive with this model, though it wasn't the right fit for us. A host I know in North Fulton ran a 5-bedroom, listing rooms on Airbnb to hit 80% occupancy, but the turnover was a challenge. I can see how it's perfect for you, though! Instead, we use our hybrid co-hosting model—marketing entire homes to corporate partners for mid-term leases, like $7,300/month vs. $2,300 long-term, then back to Airbnb. It cuts work and stabilizes revenue.

Your background checks are a smart move—safety’s key. How do you handle the guest coordination workload? I’d love to hear more about your setup!