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All Forum Posts by: Daniel F. Harb

Daniel F. Harb has started 33 posts and replied 357 times.

Post: Why you should NEVER invest in stocks over real estate...

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Futures are up!!

Industrial Futures are up just under 500 points, and Nasdaq futures are up @150 points. Awesome news! Of course, the word of the day is "Diversification".  It is a great thing to invest in real estate AND the market. I just stick with Index Funds, which captures the whole market. I know, I know, it will go up and it will go down...like life, right? 

But, one can't go wrong in either with a long~term horizon.  :)

Best to all this week, and hopefully the market will have an amazing week!!!  $$$

Daniel F. Harb, ARRT,RT(R) 

Post: Neeed help on starting up

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

@Alexander Grullon...You are in the right place. You will get an education on this site worth tens of thousands of dollars....for free. @Oscar Pinto, I agree, my friend, "Free" is my favorite price! Well said.

There is the whole spectrum of investors on BP, from the person that owns 1 or 2 properties, to the person, or people, that own multi~millions worth of property! Stay tuned, and get ready to sit at the feet of these RE experts.

BiggerPockets and the expertise you will find here is worth its weight in gold...or should I say "priceless".

Best to you, Alexander!

Daniel F. Harb, ARRT,RT(R)

Post: What kind of cars do you drive or have?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242
@Jin Lim Smart..., wise choice, indeed!

Post: Neeed help on starting up

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242
@Alexander Grullon~Get your $10,000.00 back and stay on BiggerPockets.

Post: Question : With a "Bank Statement" loan, is FHA still Possible?..

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242
@Harjeet Bhatti~ Thank you so much, Harjeet, I really appreciate your information. 🤓 Best to you!

Post: Question : With a "Bank Statement" loan, is FHA still Possible?..

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Hello RE investors!

I am looking to buy a owner~occupied property in Desert Hot Springs, California, and would love input on if I am able to purchase a property with a loan using a year and a half Bank Statements, an FHA, 3.5% down loan. 11 months ago I got a prequalification letter stating a 200K loan, but mostly I work for radiology registries (Diagnostic Radiology & CT), so there is not the typical "2 years at one employer" situation.

My Bank statements show well enough funds flowing through to qualify for 200K again, I am only looking to get a letter for up to, maybe, 175K. Hopefully, a few experts in this area will guide me to understanding if I may still do an FHA, 3.5% down with a Bank Statement loan, and all the other pertinent info.

Thank you kindly for reading this and for the expert information in advance!

Best to all!

Daniel F. Harb, ARRT,RT(R)

Post: Why you should NEVER invest in stocks over real estate...

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Hello @Caleb Heimsoth! Good to see you here. @John Morgan, @Charles East, @Kyle J., totally agree. :) Real Estate AND the stock market. Long term. Index funds for me. BTW, Charles Schwab has the absolute lowest Index Fund management fees. .003! Yes, that was .003%. 

Oh, and @Marcus Johnson, love the Mike drop. BOOM!!!

Best of profits! $$$

~Daniel

Post: Anybody own rental properties in Desert Hot Springs, California?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Hello Investors!

Does anybody here own rental properties in Desert Hot Springs, California? I would love to get input from investors in this area of California. I am considering strongly buying in this area and would love to hear any and all comments about DHS. Pros, and Cons, and any information whatsoever .

Thank you in advance!

Best of profits!

~Daniel

Post: Seeking Input on Purchasing Property in Desert Hot Springs, Cali!

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242
@Aaron Klatt Thank you so much for the information, Aaron.

Post: Seeking Input on Purchasing Property in Desert Hot Springs, Cali!

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Hello BiggerPocketeers...

I am seeking information on investing in a property in Desert Hot Springs, California. I understand some has been discussed on the Palm Desert area in the forums over the last few years, but I would really appreciate current information from any and all investors regarding Desert Hot Springs. I just pulled up and printed the "Palm Desert Economic Development Strategic Plan" which is a strategic framework for the next 5~10 years. That should be a good start. 

Any and all input towards the Desert Hot Springs area would be deeply appreciated. I thank you in advance for the expert advice and information and for the time taken to share.

Best of profits and success!

Daniel F. Harb, ARRT,RT(R)