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All Forum Posts by: Brandon Carlson

Brandon Carlson has started 42 posts and replied 298 times.

Post: Santa Ana 92705?

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95

Touche. Great approach!

Post: What to do with inherited land in 29 Palms

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95
Quote from @Maria Regis:

My husband I are about to inherit just under 10 acres of undeveloped land, 6 minutes from downtown 29 Palms. It is zoned for single family residential and my understanding is that it has city water. 

We have a few long term rentals in the Southern U.S. and are about to start our first short term rental in WA but, we have no experience with development. I have read the city's vacation rental policy so it seems that short term rentals with this location are not an option (correct me if I'm wrong). 

What is the best course of action with this property in terms investment. Should we sell it as a whole? Split it into individual plots, if so how long does this process take in San Bernardino county? Should we develop it? 

Anyone with experience in the area that could provide some advice would be greatly appreciated! 

Hi Maria. I own a property in 29 Palms and am familiar with developments. If you have any questions, feel free to send me a message.

Post: Twentynine Palms California STR in 2023

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95

@Chuck Starks feel free to send me a message. I currently own/operate a STR in 29 Palms. I would be more than happy to provide you with my feedback.

Post: Santa Ana 92705?

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95

@Nate Meeker sounds like an amazing deal. Was that an on-market or off-market deal?

Thanks

Post: Contractor recommendations that service Southern California

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95

I used a contractor located in Claremont. He's reliable and responsible. 

Post: Looking for midterm rental ideas or solutions

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95
Quote from @Catherine Jacoby:
Quote from @Brandon Carlson:

You can still use Airbnb's platform for mid-term stays. I did, and it worked out great!


Hi Brandon, my family and I are potentially needing to find a midterm (month-to-month) rental near/around Leesburg/Ashburn/Sterling VA in between 2 primary residences. As someone searching for a MTR on the platform, are there different parameters to enter than a STR search? I was coming up with rents in the 5 figures searching as I would for a STR, in which case, it's less expensive to sign a 12 month lease and give notice to vacate early, which we don't want to do. I have no experience looking for a MTR. Thanks!

Furnishedfinder.com 
The site is marketed for traveling nurses or business professionals, but I'm sure you would be able to find a MTR that fits your family's needs. 

 Airbnb.com

If you see a listing you like, you can send an inquiry to the host. That will allow you to message them and ask if they would be open to a MTR reservation. 

Post: Looking for midterm rental ideas or solutions

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95

You can still use Airbnb's platform for mid-term stays. I did, and it worked out great!

Post: Deal Evaluation - Airbnb

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95

@Vagif Musayev Before committing to a STR, ensure your mortgage and expenses can be covered if you have to rent it out long term.

Post: Multi-Family Quadplex & Leased Land

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95
Quote from @Nicholas Ramirez:

Curious to know your general thoughts on this. I'm looking/interested in a 4-unit (2 - 2B 2B 2Car attached garage | 2 - 2B 1.5B 1Car attached w/ patio space). Location is great as it surrounds tons of local shopping, dining, entertainment, and easy access to two main freeways.

The description mentions that the land lease expires in December on 2063. Is this something I should shy away from completely. Can someone offer their pros/cons list? I have absolutely 0 knowledge on how land leases affect real estate, and therefore, investing. Or is anyone can offer some resources/books to read up on the matter, I'd greatly appreciate the insight. Thank you all!

I should also mention, this investment would be a live-in/house-hack deal/purchase.


 Ask the listing agent for a copy of the preliminary title report. That may shed more light on the land lease details. 

Post: First timer looking for turnkey in KCMO

Brandon CarlsonPosted
  • Real Estate Consultant
  • Glendora, CA
  • Posts 314
  • Votes 95
Quote from @Joe Derobertis:

Hey all,

Just getting started on this journey and have started narrowing in on Kansas City MO. As I’m out of state I’m looking for a more passive situation and have started talking with a local turnkey provider but figured I’d reach out to this community to hopefully make some connections. 

My goal would be to buy something before the end of the year and hopefully add more properties yearly depending on various factors.  Not too worried about appreciation and of course would like some cash flow but I think mostly I want to make sure I’m buying in an area that would classify as a C+ and above.  Looking for homes selling between 100-200k.

I’ve already found some previous posts with neighborhood breakdowns and there are two properties I’m looking at now in the 64130 and 64132 zips. Any feedback there would be very helpful!

Thanks in advance!

Joe


 It's always nice seeing someone on BiggerPockets from the San Gabriel Valley. Similar to you, I'm exploring KCMO. Currently, my partner and I are doing a few commercial projects there, and I have spent a reasonable amount of time analyzing the market and speaking with Real Estate Professionals. 


Feel free to send me a PM if you have any questions about the market. 

Best,