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All Forum Posts by: Bruce N.

Bruce N. has started 1 posts and replied 8 times.

Post: Buying in Norther California

Bruce N.Posted
  • Multi-family Investor
  • Dallas Texas
  • Posts 8
  • Votes 1

Living her the Bay Area of Ca, finding any type of cash flow property isn't easy to capture. There are areas of Sacramento that still have potential for this.

As far far as, the speculative investing (investing for the pay day) when values increase, is for some just not us at this time. I much prefer the immediate cash flow, and appreciation is just the icing on the cake.

I'm sure there must be future-based thoughts around the wave of more foreclosures to come and how might that impact the speculative investment...

Wouldn't that devalue or lessen the price of homes around the surrounding area? Further compounding the issue are the vast number of those affected by the job market, thus making it harder to purchase a home. Obviously positioning is key to any investment, but just wondered thoughts around this subject.

I am new to investing with just a few properties acquired out of state which are generating cash flow now, but just wondered about the questions above.

Post: Getting Started in Sacramento

Bruce N.Posted
  • Multi-family Investor
  • Dallas Texas
  • Posts 8
  • Votes 1

Welcoma @Jessica Sorensen ! I have acquired a couple of properties in the oak park area, which we had rehabbed an sold earlier last year. There are still some promising opportunities around there, its just making sure to pencil them out and knowing the areas. It does vary a bit from block to block as most areas.

Good luck and Happy Investing for the Future!

Post: Why we should not use all cash to get 70-80% off market value

Bruce N.Posted
  • Multi-family Investor
  • Dallas Texas
  • Posts 8
  • Votes 1

I agree, great thread, with tons of info to reflect on- some of which can be applied.

Post: New member to the BP family!

Bruce N.Posted
  • Multi-family Investor
  • Dallas Texas
  • Posts 8
  • Votes 1

Thanks for the welcome @Denise Alberto!

Post: New member to the BP family!

Bruce N.Posted
  • Multi-family Investor
  • Dallas Texas
  • Posts 8
  • Votes 1

@J Martin, thanks for the welcome and sharing information on the BP site!

I have flipped a few properties in the Bay Area myself, but I buy/fix and hold now as well.

Thanks again for the welcome!

Bruce

Post: New member to the BP family!

Bruce N.Posted
  • Multi-family Investor
  • Dallas Texas
  • Posts 8
  • Votes 1

Thanks so much Devan, and I will check it out.

Much appreciated!

Bruce

Post: New member to the BP family!

Bruce N.Posted
  • Multi-family Investor
  • Dallas Texas
  • Posts 8
  • Votes 1

Thank you @Carolina! Indeed I have set a few keywords already and added a photo. Thanks for the welcome!

Post: New member to the BP family!

Bruce N.Posted
  • Multi-family Investor
  • Dallas Texas
  • Posts 8
  • Votes 1

Hi all!!!

I'm obviously new to the BP family, and look forward to making connection while learning and also reading the many different stories/info shared within the forums.

There seems to be a plethora of information of sharing from all over the country, which is fantastic!

I have joined BP to connect with others, share ideas, and gain perspectives from the many different lenses from others all over the country.

Thanks,

Bruce