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All Forum Posts by: Eugene Lee

Eugene Lee has started 14 posts and replied 43 times.

Post: Investments and divorce?

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

Hi All,

I ask mainly out of curiosity and because I *may* be getting married soon (yay). What happens to investment rental properties and investment brokerages in my name only both before and during a marriage in the case of a divorce? I've heard a lot of conflicting points on the matter and would like some insight into the matter. I am from California if that helps! Thank you. 

- E

Post: New member from Orange County, California

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

Welcome to BP!

I am also in Southern California, looking to do buy and hold deals.  I hope you find what you're looking for in BP.

Post: San Diego - CPA Recommendations

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

Hi All!

I was just wondering if you guys had any recommendations for a good real estate CPA in San Diego. If so, what do you like about him/her? I've never had the pleasure of working with a CPA for tax related purposes so I would really appreciate your insight! 

- Eugene 

Post: Small Multifamily Turnkey Provider Recommendations

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

Hi BP,

I was just wondering if any of you guys had any recommendations for a reputable turnkey provider for small multifamily deals. Many of the (BP recommended; reputable) providers I have been in contact with seem to only do SFRs. I don't have a strong preference in terms of market, although I'd like to stay out of Ohio due to the random property tax laws (Shaker Heights in Cleveland will hit you at 4.24%!). 
Have you done any small multifamily with a turnkey provider? I'd love to hear your experiences! 

- Eugene 

Post: Buy and Hold in San Diego

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

Hi Oliver,

My name is Eugene and I'm also from San Diego hoping to do a buy and hold deal. I've found that it is oftentimes much easier to get properties that cash flow out of state. I hope you find what you are looking for on biggerpockets!

Post: About to take the first steps.

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

Hi Izzy,

I too am a California investor, from NorCal but currently living in Southern California! I am also looking to invest in the Midwest, particularly Memphis TN, and Dallas TX. If you would like to connect, I would be happy to talk to you more! I hope you find what you're looking for in BP! 

Post: Drew a contractor from San Diego

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

Hey Drew,

Welcome to San Diego! My name is Eugene and I'm in SD although looking to do buy and hold out of state for passive cash flow. I hope you find what you are looking for in BP!

Post: Real estate investor from california

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

welcome! I am also from California. BP is a great place to get started on your real estate adventure! 

Post: Turnkey Investor from San Diego

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

@Alexander Price

I am so sorry. Our conversation totally slipped my mind. I will PM you ASAP. 

- Eug

Post: Turnkey Investor from San Diego

Eugene LeePosted
  • San Diego, CA
  • Posts 44
  • Votes 31

Thank you all for your kind words. 

Update #1: 

I have been able to significantly narrow down the numbers of providers I would like to engage using two of the following metrics: 

1) Class of neighborhood - About half of the reputable turnkey providers that have engaged me seem to deal with B-C range of neighborhood instead of the A-B range that I would like to invest. Well, that was easy! 

2) Speaking of others poorly - about 20%-30% of the providers I talked to spoke poorly of either other turnkey providers or other investors! So like, as an investor hearing about how other investors are crazy with wanting slightly higher cash on cash returns turns me off to your business, because in the back of my mind, I'm wondering "Oh are you joking about me right now and the pig you just sold me?" Respect is huge in my mind because respect and trust go hand-in-hand. 

The field has gone from about 10 to about 2-3.

In any case, thanks so much to BP because BP has been tremendous in my growth as a real estate investor and as a source of accountability for the providers I would like to engage. Once again, please feel free to shoot me a pm if you have any questions! 

- Eug