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Updated over 5 years ago,

User Stats

44
Posts
36
Votes
Jake Thornton
Pro Member
  • Camas, WA
36
Votes |
44
Posts

New member in LA. Hello!!

Jake Thornton
Pro Member
  • Camas, WA
Posted

Hello! New member here!

I work as a screenwriter in Hollywood. I've had some successes (although nothing has been made), but three years ago hit a real tough couple of years where none of the projects that I was counting on moving forward did, and I really faced the truth about my industry: it's feast or famine. With two young kids, and really the only breadwinner in the family, I was faced with the very really possibility of selling my home. Since then things have picked up slightly, but I started during that time to educate myself financially, and read at least two books on money/self improvement/business a month. During the lean months, my family rented out our suite nice home in LA on airbnb, but last year about this time, decided that we should try something new. So we, with the help of family members, started two airbnb's in the Lake Arrowhead area of Southern California which have been producing quite nice cash flow. We also just bought a converted school bus to use as an airbnb in the Joshua Tree area of SoCal too. Cash flow has been good and I'm pleased with the way it's all been going. Next up are some BRRRR projects out of state, and I'd love to connect with realtors, lenders, contractors, and property managers in markets where that could be successful.

Thanks for having me!

Jake

  • Jake Thornton
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