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All Forum Posts by: Casey Murray

Casey Murray has started 20 posts and replied 272 times.

Post: Hard Money Lenders in San Diego County

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Jarred Curry check out the Norris Group. Bruce Norris is a well respected investor dealing with hard money loans.

Post: Investing in Imperial County

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Vincent Chau That's too far out of my comfort zone. Check if there's any REIA clubs out there to get market knowledge. Best of luck.

Post: First Time Home Buyer Advice

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Eric Lyles You're getting some great feedback here. I would look through your monthly budget in fine detail and see where you can start cutting expenses to aggressively save cash. Ask yourself if certain expenses you're incurring are needs or wants? Remove the wants and you'll pile up cash fast. Best of luck.

Post: Looking to Lend a Hand

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Zachary St Laurent I would attend your local REIA groups and talk to investors. No offense, but not all GC's and handymen are created equal. If you are professional and competent with your work, you'll have a continuous flow of business. Best of luck.

Post: Getting Started in Real Estate Investing

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Ronnie Terry and @Benjamin Eccles Definitely go to your local meetups and talk with experienced investors in your area. You save a lot of time, money and effort by having veterans on your side. But also think of ways you can provide value to them (administration type work, working on flips for free) to prove how serious you are. 

Post: First Property Tenant Potential Issue

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Wesley Jensen I agree with @Rob Orazi. Make sure to review the current owner's lease agreement with that tenant to confirm there is a security deposit and see what type of language they include regarding the security deposit. Worse come to worse, you keep a portion of the security deposit and apply to the damage. 

Post: Investing in low income cities

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Lucas Procopio I would work with an experienced RE agent/investor knowledgeable with investment properties and contact those listings sitting on the market for 100+ days and also expired listings. After a property sits for a while, sellers become more flexible in terms of negotiation. Best of luck man.

Post: Looking to make a move on my first deal within the next 5 months

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Jonathan Santa Seems like you're on the right track. I would attend your local REIA and connect with investors/agents that are experienced with investment properties in your market. It's vital you leverage from experienced investors to mitigate your own headaches/financial loss.

Post: Newbie in Tucson, Arizona

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Samantha Stout It wouldn't hurt to get your current residence appraised and see how much equity you have to play with. It's a great time to refinance given the market's historically low mortgage rates. Hopefully this would give you the capital to invest in another property. Best of luck.

Post: Banking Options to avoid PMI

Casey Murray
Posted
  • Investor
  • San Diego, CA
  • Posts 290
  • Votes 80

@Ryan Wiles The answers in this forum are great. The FHA is a steal with 3.5% down. Even better, you can get locked in with a historically low interest rate. I would suggest filtering your property criteria for a property where you can "force" the appreciation through rehabs. Best of luck.