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All Forum Posts by: Omar Merced

Omar Merced has started 34 posts and replied 358 times.

Post: New Real estate Investor in Vegas

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257

So there I was...

Just kidding welcome to club. This is a right place to meet some amazing people. There a couple great meetups that I highly suggest you visit to meet some locals. One is the Outback and we run the Sin City REIA hope to see you around and if you need any help feel free to reach out.

Post: Just bought a 18 unit for $12,581.36 in Ohio

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257

@Account Closed Nah, this one is mine for now, unless I got an offer I couldn't refuse. Numbers are too good to let go. Maybe after we're stabilized I'll take a look. I was looking on offering it on one of those crowd funding platforms. I spoke to one and they said they think they can have it funded in a couple of days after they post it. So we'll see. But right now I need someone to go give it some love in preparation for the makeover.

Post: Just bought a 18 unit for $12,581.36 in Ohio

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257

Where are my Dayton folk? I need to get a property preservation crew to go clean up and secure the property. Hit me up if you know anybody in the area that can help.

Post: Spring Networking Mixer hosted by Sin City REIA & Outback REIN

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257

Come watch the Golden Knights game while you network with other investors of the Sin City & Outback crew for a couple of hours. While it good to go chase your real estate dreams with some serious hustle; sometimes everyone just needs an environment where we can just relax and have a good time with people. Come spend your Thursday evening with us and connect with someone who can take your investing business to the next level!

Post: Las Vegas Handyman runs with $9THOUSAND DOLLARS, threatens more..

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257

Well first, unless they are a licensed contractor their lien means nothing but an inconvenience. I would first talk to the person who recommended them and ask them to talk to them. If it was truly a referral they must have some pull. You could report them to the Nevada state contractor board and I think it’s the Nevada Secretary of State. Not sure which department right now but there’s one that handles claims like these. You could also have an attorney draft up a letter. I see those work sometimes. However, if they took your money and the work was done they might have paid some people to do it and the job came out bad. Maybe they took on more than they could handle. I see this happen with “handyman” a lot. I find a lot of times if you can get the other person to at least engage in a solution based conversation people will try their best to fix their mistakes. But sometimes you just get taken and it’s the cost of not properly vetting new people and releasing too much money upfront. Either way the lessons you learned here will a last you a lifetime and you will be able to make it back in future transactions. Finally, plug into local REIAs. They can refer you to some great people. If you need any further help feel free to reach out. Good luck 

Post: Investor Christmas Mixer hosted by Outback REIN & Sin City REIA

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257

This is going to be a great get together. Las Vegas, North Las Vegas, Henderson peeps. If your in town come by and check it out. Lots of fun!

Post: How is the Vegas market right now?

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257

Mindy! Why didn't you call me. You know I would take care of you. Market is on fire with no signs of slowing down. Obviously depending on price point and condition of home but it is a sellers market. I'll be in Colorado in February for the Best Ever Conference. Hope we can catch up!

Post: Las Vegas Multifamily Investing

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257
Originally posted by @Account Closed:

There are two meetup groups that I know of in the Las Vegas area, but only one that I know that is local. The other is online. Barri Griffiths run a meetup that is meeting on Oct. 28 with a guest speaker on getting a loan from banks to fund multi-family deals. 

https://www.meetup.com/Las-Vegas-multifamily-syndi...

I've met up with him once and also attended his last meetup which I found to be quite informative. His meetups are geared towards beginners so you might be interested.

Barri is one of the coolest dudes, runs a good group here, and is local. Sin City REIA will be starting one in 2018.

Post: Starting a Rental across the U.S. HELP

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257

Hi Steven. So this will be a long distance renovation? if so, you’re taking on one of the harder parts of long distance investing. You’re going to need someone boots on the ground that you can trust. Plug into the local REIAs and make some friends. 

Post: Contractor/entrepreneur looking for partner or investors

Omar MercedPosted
  • Real Estate Investor
  • Las Vegas, NV
  • Posts 395
  • Votes 257

Let’s talk.