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All Forum Posts by: Sean Walton

Sean Walton has started 27 posts and replied 527 times.

Post: Listsource in regards to direct marketing

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298
Jeff Johnson yellowletters.com can buy your list for you from list source for $0.15 per address instead of 0.29 direct from list source. They let you review and edit the list if you want to remove duplicates (list source has a remove duplicates function that catches most but if people have multiple properties under slightly different names it misses those) you can then send the list and have them print your post cards, letter etc. I assume others like click to mail offer something like this but I don't know

Post: Gauging interest in a San Francisco Quarterly Meetup

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298

I just posted the event here https://www.biggerpockets.com/forums/521/topics/42...

Look forward to seeing you all!

Post: Informal Real Estate Networking Happy Hour

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298

The event will be at the brand new Tequila Sunrise bar in San Francisco's SoMa neighborhood.

86 2nd Street (formerly dada bar)

There is no agenda or speaker it is just getting a lot of smart and driven people of all levels together to network and discuss all types of real estate investing so bring lots of business cards. I'm not pitching anything nor am I providing any drinks or refreshments. There will be a cash bar with cocktails, 15 draft beers, wine and soft drinks. 

This was originally discussed in this thread so if you aren't a pro or plus member you can keep posting there https://www.biggerpockets.com/forums/619/topics/42...

Feel free to PM me with any questions.

Post: Gauging interest in a San Francisco Quarterly Meetup

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298

@Mark Pedroza I will check. If they don't have a lift to the upstairs and you are sure you will make it we will have the gathering downstairs. I know downstairs is compliant. I'm assuming since the place is a new fit out it was required to spend money upgrading to California Building Code accessibility requirements but how far it went I'm not sure.

Post: Gauging interest in a San Francisco Quarterly Meetup

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298

@Andy A. , @Eduardo Zepeda , @Brite Zhou@Ryder Meehan , @Johnson H. , @Alok Jain@Puran Zach Grewal , @Samir Pathak , @Alex Chau , @Adam London , @Ariel Vincent@Ori Skloot , @Andreas Ernst w Muff, @Saj Shah , @Saikat Bhadra , @Matt Sanford , @Ralph Forde , @Katrina Razavi , @Liz F.

Hi All,

   So This Saturday at 6pm won. Unfortunately the proposed venue is booked for a wedding so I am moving it to their brand new sister bar Tequila Mockingbird (They have a full bar not just tequila). We have upstairs reserved but if it gets too crowded we can move downstairs. I will post it in the bigger pockets meetup section tonight but I wanted to give you all the scoop.

Post: Zoning Regulations on SFR

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298

@Andrew Lapham you should be careful even if an ADU is allowed in the particular zone and ADUs are typically exempt from providing additional parking especially if they are near transit. You usually aren't allowed to take away an existing garage spot to make an ADU. ADU laws are typically meant to promote adding an in-law in the back yard or sometimes by adding a 2nd entrance at the side of the existing structure. Also be aware usually the owner needs to live in either the main structure or the ADU they can't both be rentals. (This is not exhaustive advice so do your own due diligence)

While the Denver Zoning is large, start by figuring out what zone the property(ies) you are interested in are https://denvergov.org/maps/map/zoning

Then read up on what kind of structures are allowed based on lot size whether it has an alley in the back etc. Once you think you have a good idea. Hire an architect to do a feasibility study or at least check your assumptions before you commit to buying the property.

The way I understood the podcast guest they weren't rezoning just identifying properties that were zoned already for multi units. Just be careful something may allow an apartment building but if it doesn't meet the minimum lot size you can actually only build another house.

Post: 19 Year Old In need of assistance

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298
Can your parents or a relative co-sign on the loan? It may be hard to qualify for the loan without much credit and income Read up on finding off market deals. It is difficult in most markets to make an MLS deal cash flow. Listen to the BP podcasts on student rentals. Some people are crushing it others can't handle it. I think real estate investing is awesome but don't rush it. You have plenty of time. Find a mentor offer to buy them lunch, offer to bird dog or do grunt work.

Post: Gauging interest in a San Francisco Quarterly Meetup

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298

Hi All so far on the doodle Saturday the 25th is in the lead. Vote now I'm going to close the voting at 5pm pacific today. I promise there will be more if you can't make it.

Post: Tenants not paying rent on time

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298
Originally posted by @Michaela G.:

Maybe also tell their grandma, so that she can tell her child and grandchildren how disappointed she is and maybe the shame will make them come up with the money. Nothing to lose.

 I agree with Michaela it is straight out of the negotiation book Getting More. Bring in a 3rd party that has influence over them. In this case social and family influence. Also file the 3 day notice get the process started so they know you are serious. 

Post: Question on WholeSaling and Vacant houses

Sean WaltonPosted
  • Wholetailer & Architect
  • San Francisco, CA
  • Posts 544
  • Votes 298

You should check out BP podcasts 77 and 81 and @Michael Quarles podcast on itunes. The idea instead of doing all the work finding the deal and then selling it at a discount to another investor sell it at full as is value on the MLS.

Eventually I would like to get into development but wholetailing is my way to build up cash to start development deals. Rezoning usually takes a good amount of time and capital for holding costs but sometimes you can get sellers to let you get the property under contract and then transact once it is rezoned or entitled for the project you want to do