All Forum Posts by: AJ S.

Welcome Bob, there are a lot investors in southern CA, SD on here.

If wasn't for developers like Robert, there would be no bigger pockets :)

It depends on rent amount, generally I wouldn't raise rent if tenant is good, the goal is to keep lifetime tenant :). Vacany and poor tenants ruin your returns not to mention potential damages to the unit. 

It seems too high, I would shop around for better rates, discounts etc..

It wasn't specific to CA, but in past wholesalers could assign/buy contracts easily. If your wholesaler having a license gives you credibility for other opportunities.

I would advise if you want to wholesale get a agent/broker's license in the state you invest.

That is great idea, valuable resource for communications.

I would suggest get a broker involved in that area to assist you with commerical lease or list as business opportunity.  The other ideas mention about converting it to Section 8 or local housing authority are also good ideas, I'm sure there is grant money available on something like this.  Post some pictures of the inside/outside, you should get more feedback.

I would second comments of Ben, VISIT properties, winter season is best time in states where it is snow (East/Midwestern states), I'm finding poorly managed investors, poorly managed flips or owner occupants are desperate to sell at any reasonable price.  I would not rely on a website which could be very subjective, last thing you need is a busted up property with no furnace or pipes and basement flooded :)

Shawn hit it on the money :) also add just network and get out there in the snow and look at some properties, meet agents, brokers, the most important thing is your DO something, *action* and go to your local REIA or real estate investor clubs/groups/organizations!