All Forum Posts by: Lee Ripma

@Sonia Rodriguez - checkout vestmap, several ways to search and see the path of progress, plus vet individual property locations. I use it daily! 

@Lee K.

I look at location first and property second. I use the DISCERN method to look at locations and do a yes no in 30 seconds. If I’ll buy the location, I look at the property. 

How large is the lot? What is the exact zoning code from Zimas? The whole thing, RD1.5-1-XL for example 

@Gopichand N.

I find vestmap.com to be far superior to neighborhood scout, they also have ways to filter for B class areas. 

@Jonathan Roldan

I vet locations first and properties second. Vestmap.com is how I check location info quickly! 

@Yee Elias - I was on BP 373 talking about it, have a listen! 
It’s really hard to get started in CA with limited funds, I am a huge fan of going out of state to get going on RE investing. 

 @Aaron P Englert - your story was my story 5 years ago. Now I own 70 rental units in the midwest while still developing and flipping in the LA area. I'm an agent in both CA and KS/MO. I'm a huge fan of investing out of state, changed my life. 

@Andrew McElroy

Love it! Excited to hear where you pick. I personally picked the Kansas City market and am so happy I did. You can be successful in any MSA, just make sure you vet your specific locations within the MSA! 

Checkout vestmap.com! 

@Kari Morales 

Costar has the data so if you know a broker with costar, you can have them look it up. It’s usually different for different unit types and different submarkets. It’s pretty standard to use 5% but it’s good to check. I don’t want to invest in areas or unit types much beyond 5% vacancy rate. Vacancy is a killer.