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All Forum Posts by: Aditya Namjoshi

Aditya Namjoshi has started 6 posts and replied 19 times.

I recently bought a condo in Hampton GA. I put around 22K for a 88k property and should cash flow around 150/month.....I am based out of CA so all my research was online...so would love to hear about your foot on the ground research in atlanta......let me check out athens....

Thanks @Casey Murray and @Michael Swan. Listening to #238 podcast now :) Will reach out to you on out of state investing. Great to have you both in San Diego. 

Interested. Send me details [email protected]

Post: I'm new to real estate.

Aditya NamjoshiPosted
  • Posts 25
  • Votes 8

I guess, first step is to find some job so that you can start saving for ur first property. You may not need a lot of money if you go the FHA route. once you generate the cash flow, it will be a cascading effect.

I am a newbie and I am just amazed at the success stories on this wonderful forum. But I am little apprehensive about this model and I have few questions. I would be obliged if few experts can chime in.

1) I live in SoCal and I would be investing out of state. Is it still possible for me to do Brrrr or I have to mainly look at good cash flow deals?

2) I have generally seen that low income neighborhoods and cheaper homes <50k give the best ROI (around 2% rent to value). Though these investments look enticing, how do they weather a bad economy and a recession? Or does it make more sense to investment in better neighborhoods and earn lower returns?

3) Do people use private money lenders just for flips? If I have to hold the property long term, is conventional loan the only option?

4) Would be interested to get in touch with some investors from San Diego who are investing out of state. Would like to learn from local experts on how they are investing out of state?

Can you send me pictures and more details? What is the estimated rehab cost? Email me at [email protected]

Is this deal still available? 

Post: Rented 2unit property $1800/mo

Aditya NamjoshiPosted
  • Posts 25
  • Votes 8

I am interested. Please send me details at [email protected]

Post: What does this mean?

Aditya NamjoshiPosted
  • Posts 25
  • Votes 8

I am looking at a property on Hubzu

What does this exactly mean? Does it mean that any claims on the property will be passed on to the buyer? How do I know what all claims are pending on the property?

  • Property may be subject to leasehold interests or other rights or claims of various tenants or other occupants, and Buyer may be subject to the United States Service Members Civil Relief Act, or other federal, state or local law, as applicable.