All Forum Posts by: Katie P.

Hi all, 

@Chris Mason will bless us with his presence for our next EBREI MeetUp. =) 

While Chris will walk us through some potential investor purchase scenarios and talk about some basics, he's also breaking down answers to hard questions from the forums. Come with questions, to network, and to catch up! 

Sign up here: www.meetup.com/EB-REI/events/261650557/

@Anna Myers @Account Closed @Account Closed

@Chris Mason why thank you. 

East Bay Rehabbing Wholesaling Flipping Hard Money Lenders Private Money Lenders 

@Diana George

Hi folks, just keeping an old thread alive! We'll have another get together on this Sunday, May 19th from 4:30 - 6:30 for those of you interested in rehabbing in the East Bay: https://www.biggerpockets.com/forums/521/topics/70...

Diana George will be speaking about "Recession - Resistant Rehabbing"

@Shruti Jain @Raymond Leung @Shaun Brown @Jeff Tang

@Jeff Tang

@DG A.

@Eduardo Bernal....Would love to hear how your flipping journey is going...and if you want to network with other flippers, I'm holding an event on Sunday (may 19th) for "Recession-Proof" Flipping: https://www.biggerpockets.com/forums/521/topics/70...

The speaker, Diana George, isn't just focused on Oakland, but she has primarily been in Oakland over the past few years. 

Details

WHAT WE'LL COVER:

Diana will cover some of the basics of flipping and how to strategize for a changing market. Her presentation will include the following:

- Identifying the best markets for rehabs.
- Finding your niche in the rehab world.
- Risk-hedging strategies for capital preservation.
- Renovation strategies that sell/killer designs that help you stand out.
- Strategically selecting the partners who help you win big.
- How NOT to repeat my rehab errors.

ABOUT THE SPEAKER:

Diana George is Head of Acquisitions and Investor Relations at Artemis Investments. She brings a profound knowledge base and consistent success within the Real Estate Investment Industry.

At age 33, she founded Vault Realty Group, which focused on real estate investments and rehabbing at 75-100% profit margins.

She continues to present at speaking engagements all over the Bay Area advising new and seasoned investors on how to be profitable and hedge against a downward market. Diana has been featured and/or quoted in WSJ, BBC, Forbes, Associated Press and several other national publications in regards to the real estate market, investments and economy.

--------------------------

AGENDA:

1. Needs and Wants (4:30 - 4:45 PM)

2. Private Money Lending/Partnering. Designed to give Private Money Investors and/or prospective Private Money Investor’s valuable information on the process of lending money to or partnering with redevelopers. (4:45 - 5:15)

3. Case Studies. Diana will give beginning and prospective rehabbers/flippers information on how to succeed in finding, evaluating, renovating and selling Bay Area houses. (5:15 - 5:45 PM)

4. Q & A and more networking (5:45 - 6:30 PM)

PLEASE REGISTER HERE: https://www.meetup.com/EB-REI/events/260958358/

@Anthony Capitan @Account Closed

@David Murphy an expensive subscription to CoStar would be ideal, but there's also CompStak (still costs money) and of course checking out LoopNet's recently sold multi-families. CompStak will give you a free trial with 100 credits....each report is like 30 credits. 

@Kumar Gaurav what age are your children? There are many elementary schools that are highly rated in Oakland. Not many of them are located in neighborhoods close to BART, but your child is not obligated to go to their neighborhood school. 

Finding a multifamily that will SELL for under $750,000 in the area of Oakland Tech, for example, isn't easy. Here are a few MFR LISTED at $750,000 close to Oak Tech:

• https://www.redfin.com/CA/Oakland/5924-Fremont-St-...
• https://www.redfin.com/CA/Oakland/4011-Lusk-St-946...
• https://www.redfin.com/CA/Oakland/708-32nd-St-9460...

You definitely have more options under $750,000 in the east, past the Fruitvale area. Again, you are not obligated to live in the neighborhood of the school you want your child to attend, but their application to the school will get priority if you live in the neighborhood. 

@Vincent Hayes was wondering who was behind this one. Thanks for sharing! 

@Chris Mason so I should let everyone know that I wholesaled that one (it was a code violation), but I worked directly with the seller. 

My seller had spent tens of thousands of dollars on dumpster fees because of squatter who clearly loved bikes and mattresses, forcible detainer to get said squatter off of the property, and code violations to city of Oakland for bikes and junk created by squatter. 

So, as Chris was saying.....

@Chris Mason was that on 84th!? 

As a realtor and occasional wholesaler, I think wholesalers who sell off the MLS (properties that have been hanging out for NO TIME) definitely make affordable properties (that could be purchased with conventional loans) otherwise unaffordable to buyers who want to put in some sweat equity.