All Forum Posts by: Matt Schuberg

@Jay Hinrichs couldn't agree more. I think deep down everyone has some desire to be super wealthy. As you mentioned, the lotto is a great example to prove that. I think that's why most of us got into real estate, too.

I think any wholesaling course or group you can join would help a lot. There's a lot of free research you can do online and specifically on BP on those subjects.

My other recommendation would be to go to as many auctions as you can. There's nothing like real-world experience and seeing others in action.

I think Riverside is a great place to invest right now. There's so much investor activity in the LA and OC areas and it's forcing a lot of investors to expand their outreach in order to find good deals. I don't see investor activity slowing down in this area.

Riverside is definitely becoming a better area too. There are a few areas you need to be careful of, but the rest of Riverside is pretty nice and it benefits from being so close to OC and LA.

For me, wealth = freedom. The more wealth I have, the more freedom I have to work on the things I enjoy. The more time I have to spend with my friends and family. The more time I have to give back to others as well as more money to give. 

It seems like a lot of people believe that being super wealthy is greedy and a bad thing, but I completely disagree. These are the people who create jobs and improve the world. They're the ones who improve and advance our technology and our lives. They create wealth for everyone, not just themselves. I don't think there's anything wrong with wanting to be super wealthy.

Hey everyone,

I'm currently looking for cash buyers interested in SFR in the Los Angeles and surrounding areas. I work for an acquisitions firm that acquires 20-30 properties a month (most off-market). We purchased over 450 properties last year and we're on pace to beat that number this year.

If you're an investor in the area and you're having trouble finding deals, please reach out to me. I'm looking forward to connecting!

Hello,

I'm currently looking for self-storage properties on the west coast. I'm looking for properties above $10 million with at least a 5% cap rate, preferably with value-add opportunity. If anyone has any deals that fit this criteria, please reach out to me! My partners and I would love to talk further with you. 

Thanks,

Matt Schuberg

Hello,

I'm looking for SFR properties to flip in Los Angeles/surrounding areas. My number one criteria is a safe resale (hot areas, low DOM). Looking for properties ranging from $200k up to around $1 million.

Please DM me for more info if you have any potential deals available. 

Thanks,

Matt

Hi Will,

I think it depends on what you're looking for. The suggestions above can all be great ways to generate passive income, but the returns will vary. I don't think there's any good investment that will be completely passive, though. To find good investment opportunities, you're going to need to do some research. 

Leaving some in cash would be my first step. An emergency fund is important. I would keep this amount to a minimum, though. You want as much of your capital working for you as possible. Then, it comes down to your risk tolerance and what returns you're looking for. You can become a lender, get involved in syndications/crowdfunding, invest in stocks/mutual funds, etc. The choices are endless. Each choice has it's advantages, but each also has it's trade-offs. 

Personally, I would focus most of my efforts on one strategy that I understood and felt comfortable with. As Warren Buffet says, diversification is protection against ignorance. I think the best choices involve direct ownership in real estate. You want to be able to take advantage of all of the benefits of real estate ownership (tax benefits, leverage, appreciation, etc.). When looking for passive income, I think syndications and crowdfunding are the best options available.

Just sent you a PM @Jo-Ann Lapin.

Thanks @Michael Knudsen, I'll reach out to him.