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All Forum Posts by: Account Closed

Account Closed has started 0 posts and replied 119 times.

Post: How to invest a large sum of money in R.E.

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

@Account Closed 

I think it would all depend on how much work you want to do on the acquisition side. SF would probably be the most, or smaller note transactions. MF could potentially be one deal.

Andrew

Post: What am I doing wrong?

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

Hi @Frank Gigliotti 

What's the biggest issue? Cash flow? 

It's expensive to re-finance properties these days, too.

Andrew

Post: Opinions on First Steps

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

Hi @Hattie Dizmond !

For me it's simple. I want to have the company and structure completely setup, a team in place, and the market thoroughly researched before I make offers. Hope you are well!

Andrew

Post: Cheap foreclosed homes: what am I missing?

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

@Mark R. 

I would spend time researching the market thoroughly, so you completely understand the basic metrics, etc.

Good luck!

Andrew

Post: Newbie, relocating from Baltimore to Austin

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

@Scott Pigman 

Hi Scott -- I personally love Austin, as a place I could live in x months out of the year, but the numbers didn't make sense for me to invest. I would head to Dallas or Houston if you want to invest in Texas. I've invested in TX, TN and focused on Atlanta.

Good luck!

Andrew

Post: How to get started

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

@Ed Ponce 

Welcome to BP!

Andrew

Post: New member from Brooklyn, NY.

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

Awesome, @Brad Cooke 

Transitions can be great!

Great to have you here.

Andrew

Post: What does a good bookkeeper cost?

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

@John Blackman 

Hi John -- I've paid $75/hour here in CA, and now pay $33 / hour, and so far, so good!

Andrew

Post: Hello Newbie from San Francisco California

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

@Account Closed 

Hello!

I live in Los Angeles and currently am a proud renter -- prices are awful here, too. I've been investing out of state for years now, and it's easy once you get thru a deal or 2.

Good luck!

Andrew

Post: nyc properties

Account ClosedPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 143
  • Votes 29

Hi @Tim C. 

I would choose several cash flow markets, do some research, and go with turnkey companies, so you are as passive as possible.

Andrew