All Forum Posts by: Shannon Shue

@Stu Waters Great, I'll call you. Are you a LA local or traveling to the event?

@Clayton Mobley Super helpful. I am going to be in the Bham area next month. I'd like to connect with you about investing in A/B markets and SFR vs Multi.

I am hosting a Brain Date called: "Purchasing Investment Property for AIRBNB and Beyond"

I am having sessions on Thurs at 8am, Friday at 8am or Sat at 11am. You can request a Brain Date via airbnbopen.com

Here is my number if you'd like to connect: 310-853-0335

How the art of design and architectural features sells over asking.

It is common for flippers to use the same over-used templates from their own stock and previous portfolio ideas. This causes visual fatigue for buyers and drastically reduces their choices, while prices are increasing despite the quality of the final products.

What You Will Learn?

At this Meet-up we will have the opportunity to investigate the renovation case study of a post-war bungalow (1,100SF, 2bedrooms, 2 bathrooms, 1 car garage) in the heart of Park Hills Heights.

This project is a good example of design-driven budgeting, in which Paola Vezzulli (the owner and investor) carefully kept the original character of the house and simultaneously introduced contemporary spaces and details. Paola will present different strategies in which high-resolution design can be applied to a small flip, with the same logic in which it is applied to much larger projects. We will discuss ways in which investors without design background can learn by doing and by collaborating.

Paola will touch upon the value of the design-build process, the value of building a team and how to manage a project from A to Z in order to control the final results.

During this Meet-up we will also cover the process of procuring the property, how to analyze the returns and rehab costs.

About The Presenter/Investor

Paola is an Architect by training and an Italian designer living and practicing in the United States since 1999. Paola’s strengths are in strategic planning for project developments, design and management. She is highly engaged in all aspects of contemporary design and an expert in how hybrid thinking informs the design process.

Before founding Field Collective, for twelve years, she worked on high profile projects at internationally recognized firms like Neil Denari Architects and Frank Gehry Partners. Paola is also a passionate educator and design mentor, who has been teaching in various Architecture schools in the Los Angeles area.

After being an active player in the field of construction for many years, since this year Paola has started to work on her own investment projects and to bring design teaching and mentoring outside the academia.

At this meet up, we will review:

- Finding the Property

- Acquisition and rehab costs

- Design strategies

- Renovation being done

- Re-selling the property

Come prepared to get a hands-on look at the final stages of this rehab project. We recommend you wear covered shoes and be ready for a construction environment.

Afterwards, we will meet at:

Post & Beam Cafe, 3767 Santa Rosalina Dr, LA 90008

Here we will network and talk about our needs and wants as Real Estate Investors.

Schedule:

11:15am - 12:30pm: Tour the rehabbed home, review financials and acquisition.

12:45pm-1:30pm: Meet and Greet over lunch. Note, lunch is not required nor included.

$20 will be collected at the door, please be ready with cash or a credit card.

The address to the rehabbed property will be given via TEXT message and Meet Up message. Two hours before the MeetUp, we will be more reachable by text, so if you are lost please text us.

RSVP here: www.meetup.com/handsonrealestate

How does a flip outpace average market comparables? When is the best time to get into rehabbing?

We will explore a single project and the ultimate finished vision. Expect to learn the process of procuring the property, analyzing the returns and rehab costs. This meeting is ideal for beginner to intermediate investors.

Rehabbing a HPOZ historic home is extra work. However, the returns can outpace the neighborhood comparable when saving interior and exterior character. Many of the homes in urban Los Angeles are older and buyers look for unique historic charm.

This 1924 2-story craftsman is a 3 bedroom 1 bath with a 5 car garage. We will get hands-on with the joint venture investors and the individual property. See how a beautiful home keeps the original craftsman charm while modernizing the design.

At this project exploration, we will review:

Come prepared to get a hands-on look at the early stages of this rehab project. We recommend you wear covered shoes and be ready for a construction environment.

Afterwards, we will meet at:

Nature's Brew Cafe (Near USC)
2316 S Union Ave
Los Angeles, CA 90007

Here we will network and talk about our needs and wants as Real Estate Investors.

Schedule:

6:15pm - 7:30pm: Tour the rehabbed home, review financials and acquisition.

7:45pm-8:30pm: Meet and Greet over dinner. Note, dinner is not required nor included.

$20 will be collected at the door, please be ready with cash or a credit card.

RSVP HERE at Meetup.com

How does a flip outpace average market comparables? When is the best time to get into rehabbing?

We will explore a single project and the ultimate finished vision. Expect to learn the process of procuring the property, analyzing the returns and rehab costs. This meeting is ideal for beginner to intermediate investors.

Rehabbing a HPOZ historic home is extra work. However, the returns can outpace the neighborhood comparable when saving interior and exterior character. Many of the homes in urban Los Angeles are older and buyers look for unique historic charm.

This 1924 2-story craftsman is a 3 bedroom 1 bath with a 5 car garage. We will get hands-on with the joint venture investors and the individual property. See how a beautiful home keeps the original craftsman charm while modernizing the design.

At this project exploration, we will review:

Come prepared to get a hands-on look at the early stages of this rehab project. We recommend you wear covered shoes and be ready for a construction environment.

Afterwards, we will meet at:

Nature's Brew Cafe (Near USC)
2316 S Union Ave
Los Angeles, CA 90007

Here we will network and talk about our needs and wants as Real Estate Investors.

Schedule:

11:00am - 12:15pm: Tour the rehabbed home, review financials and acquisition.

12:45pm-1:30pm: Meet and Greet over coffee. Note, coffee is not required nor included.

$20 is collected at the door via cash or credit card.

For the project address and to RSVP go to: www.meetup.com/HandsOnRealEstate

Message me on Bigger Pockets for additional questions or comments. I am a huge fan of Bigger Pockets and have found amazing people through the forums. Let's connect! 

@Linda Cheng glad you are coming! Who else do you know that would enjoy this?

Saving Big by Negotiating with your Lender

DIY your own mortgage note negotiations.

We will teach you the numbers behind a win-win deal with your lender that could save you thousands (or tens of thousands).

Impossible you say?!

This is the power of the time value of money! Using some simple equations and an excel spreadsheet, we will teach you how to accelerate your payments while also preserving your lender’s return. Save tens of thousands and years off of a primary and especially on a secondary mortgage.

Bring in your current mortgage statements, so you can leave with these numbers in hand, ready to call your lender. Whether you make the call or not, learning the time value of money is an essential tool for any serious real estate investor.

Presented by Melissa Dorman, Real Estate Investor, Sharing Economy Expert

Melissa Dorman is a graduate of UCLA with a Master’s in Social Work who is a therapist by day and real estate nerd by night. With years of interest in personal finance, she naturally took up real estate investing as an effective strategy to build passive income and gain financially independence. Her interest are in small multi-family properties and utilizing the sharing economy to increase cap rates.

Please RSVP for this FREE event on our MeetUp page: www.MeetUp.com/HandsOnRealEstate

LOCATION: Keller Williams Realty Marina/LA, 4644 Admiralty Way, Marina Del Rey, CA 90292 (Park in Pier 40, across the street with the Tow Away signs, although they haven't been towing since the lot was sold)

NOTE: This is a no-solicitation group focused on learning and networking.

Rehabbing a historic home is extra work. However, the returns can outpace the neighborhood comparable when saving interior and exterior character. Many of the homes in urban Los Angeles are older and have various levels of original built-ins and feel.

This Jefferson Park house was originally a 3 bedroom 1 bath and it is being converted into a 3 bedroom with 2 bathrooms. We will get hands-on with Shaun Shue and Shannon Shue, founder of Hands-On Real Estate investors MeetUp. See how a beautiful home keeps the original craftsman charm while modernizing the design.

At this meet up, we will review:

Afterwards, we will meet at:

Nature's Brew Cafe (Near USC)
2316 S Union Ave
Los Angeles, CA 90007

Here we will network and talk about our needs and wants as Real Estate Investors.

Schedule, Thursday, March 24:

6:00pm - 7:30pm: Tour the rehabbed home, review financials and acquisition. Then, we will look at the on-market home.

7:45pm-9:00pm: Meet and Greet over coffee. Note, coffee is not required nor included.

For the full address of the REHAB and to RSVP, click here: www.MeetUp.com/HandsOnRealEstate

That sounds like a great idea and as you live in it, you will be able to fix as you go.

I live near the South LA area, so if you would like my opinion on the ARV with different levels of fixings, let me know. I am a Realtor and an investor.