All Forum Posts by: Tania Reuben

With the current CA trend of shutting down AirBnB's, I personally don't feel comfortable building a model that uses that strategy.  If it worked out that way short term, that would be fine, but I would need to base CF on full time tenants vs short term.

I work with investors and would be happy to interview for the position to see if we're a fit.  
I just hosted a seminar at Somerset Winery, our speaker was 30 year RE investor who leveraged real estate investing into his dream of owning a winery, which of course was where we held the meeting.  He advocates for exactly what your planning, house hack that first property, do whatever it takes to make it happen.   

You'll have to join us for our next one, he's fascinating and there is something pretty inspiring about being IN the Winery he was able to buy because of his real estate investing.

Thanks Elias, I did not have that marked on my list of areas to investigate.  My goal this week is to deep dive into 6 markets to determine where to focus my efforts and marketing.

From my initial research I'm leaning towards the Salt Lake area.  I haven't done run a bunch of deal numbers, I like the price point, and like Utah in general as a stable market. I  have family in that market, and it's easily accessible for any scouting trips.

Sounds good.  I'm thinking of heading to a 500 Club meeting in Old Town Temecula Tomorrow, and the following Wednesday I'm hosting a social event at Peltzer Winery.  I'm also actively looking to network with other investors.

 Would love to know if you're still using RVM, I use it to promote my events & open houses, sometimes for circle prospecting (to let the neighbors know a house their neighborhood just sold)... if you're still using this, would love to hear what scripts are working for you.  

Thanks! 

Thank you David.  My thoughts have been leaning towards finding creative deals... most who know me, know me as resourceful, may just need to take the creative route.  

That's been my analysis as well... seems like you can find deals that will just cover costs, but not flow... which means they aren't hitting any of the metrics Brandon advises to target. I'm planning on funding this from a self directed IRA, so I do intent on staying conservative in my approach.

Where did you decide to look out of state?  I have some strong contacts in Idaho and Salt Lake, so considering those markets, or Nevada & AZ, because they are closer.

Nothing wrong with profit.  It's just never going to be my primary motive with working my very small family, two sisters and my mom on my side, my husband has one sister... and his mom.  So we're not talking 88 relatives that Id volunteer to help/advise and kick back most of the $$$.
From what I've learned, they will not be able to fix and sell, they don't have the resources... I think their only option will ultimately be to sell.  
I've asked my sister to get me the address so I can dig a big deeper on the property.

I'm formulating my family's personal investment strategy. 

I've been analyzing deals that would be considered good retail buys, and they are no where near numbers that would meet Brandon's Cash On Cash return criteria.  

I'd really prefer to keep our investments close to home, but am wondering if the reality of  the So Cal market combined with very pro tenant laws might make the smart move be to invest in another market. 

I know I can always dig deeper for off market cash buys, I'd like to hear your thoughts, and learn what strategies are working for investors in the IE.