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All Forum Posts by: Alex Bekeza

Alex Bekeza has started 679 posts and replied 2112 times.

Post: the MUST HAVE app? Whats the biggest game changer?

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

@Matthew Jure and @Jolene Desmond 

I agree.  I think Trello is really easy on the eyes and simple to use.  I like the way you see all of the different categories of leads on one page and simply drag. 

Post: Real Estate and Fracking

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

@Jonnathan Thompson  

I'm open minded to any facts that surface which go against or debunk the claims of the movie.  

Obviously, any movie like this will have lawsuits lined up the moment it's screened.  

I haven't seen Truthland yet (the film meant to debunk Gasland) but you've inspired me to check it out.  I have my reservations since it was created by the Independent Petroleum Association of America.  But hey, facts are facts.  I just know my gut tells me I wouldn't want to live near something with so many possible health consequences.  

The link I posted includes info on 100s of actual spills as reported by the fracking companies themselves.......

Post: Cash out refinance: is there a new home inspection and appraisal?

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

@Chris Mason and @Kevin Sobilo are both correct.  One more thing to consider though. It would be fraudulent to obtain an owner occupied loan with that low rate and immediately rent it out however you can't go the commercial lending route without a tenant lined up.  

Before you do your cash out refi you need to decide whether your going to rent and sell.  

1. Sell - Great, go do a cash out refi at your local bank first.

2.  Rent-  Get a tenant lined up now (even if its a written agreement of a future lease), find yourself a new place to stay, then pursue the cash out refi with a commercial lender/broker (me :) )

Post: Real Estate and Fracking

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

Check out the movie "Gasland" .... Companies promise one thing. Then people's faucet water starts to be lit on fire.....

I'm no expert obviously but this seems like the same old story of huge companies spending millions to fight agencies which are meant to protect people.  I would not move my family anywhere near a site or "well"....

Simply google "Fracking Leaks"

https://www.bbc.com/news/science-environment-39032748

Post: Looking for financing to pull out equity from my portfolio

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

Sending you a private message with some rates and terms to consider.

Post: the MUST HAVE app? Whats the biggest game changer?

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

@Tatyana M.  That sounds incredibly helpful.  I once ran a restaurant in Malibu which had been in business for 25+ years and often an older piece of refrigeration or cooking equipment would have the Model info rubbed away over time from scrapping against the wall.  When it came time or order a new part or call for a service it was such a pain not having this info readily available.  

Seems great for all RE investors but I imagine this would be incredibly helpful for investors taking on older multifamily properties with a lot of appliances. 

Post: RE Crash prediction for 2020

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

@Alex J. makes a great point.  I moved from a very densely populated area in Los Angeles to Ventura County because my son reached about 6 months old and I was tired of being packed in like a sardine.  My long commute for work is totally worth it for me because when I get home I highly value the open space and slower pace.  I know many people around here with kids have made similar transitions.  

Post: the MUST HAVE app? Whats the biggest game changer?

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

@Troy Williams  This is the first time I've ever seen Richblockspoorblocks.  I'll be stuck staring at these maps for a while today.  Very interesting.  Thanks for the recommendation.  

Post: the MUST HAVE app? Whats the biggest game changer?

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

@Anthony Testino Definitely wasn't calling you a tool! hahah  Just appreciated the detailed response with apps that serve several different purposes.

Post: the MUST HAVE app? Whats the biggest game changer?

Alex Bekeza
Lender
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,223
  • Votes 1,248

@Anthony Testino Thanks for taking the time to lay out this toolbox!