All Forum Posts by: Daniel Martinez

Land is way easier, we left houses a long time ago and never looked back. Most land deals we are doing are making $100k+ each, so now that is all we look for. Less competition, no tenants, no repairs needed. Just buying and selling.

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Quote from @Don Konipol:

Quote from @Rami Sobhani:

What would the reason be to buy a negative cash flowing property (let’s say negative 400 a month) ? Does it make sense to do that as a first time investor and home buyer?

Really it’s the same reason I sometimes invest in land. Land is usually negative cash flow as having to pay property taxes, some times HOA fees, mowing, etc. I buy if I expect to be able to sell for a large profit in the future. Same thing for a negative cash flowing property. Problem is you either have to be very right in your predictions, or have lots of cash in reserve, because otherwise the “alligator’ may eat you alive!

Lots of people hate cash going out (me too!), but if I’m being compensated through a higher risk related return, I’ll do the negative cash flow investment.

I can give you examples of negative or no cash flow investments I made where I made large profits….and a few that resulted in rather painful losses. But that may go back to the studies that show that for most people a $10k loss is more painful than a $10K gain is pleasurable. If given a 50/50 chance of losing $100k or winning 125K most people wouldn’t play, however those odds are so good that over the long run someone playing would end up a billionaire.

we buy land and make it cashflow. We are creating infinite returns leveraging land. It is all we do. No houses, only land. We had 1 land deal cashflow $7k a month for 12 months. We love land. Most of our land deals we make $100k on each in 6 months or less. One came in over the weekend, looks like $250k profit on 9 acres we are just buying and relisting. More land than houses...

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London, Ontario

don't do it, not on your first deal.

invest virtually before you buy a negative cashflow property with no upside

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London, Ontario

is this texas?

No such thing as landlocked in texas. Just need the right key.

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we do large acre subdivides. the play is seller finance ranchettes and force appreciation even buying at full price.

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learn how to do your own title search or have someone on fiverr do it

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nice meeting everyone!!

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Riverside, California

onlinejobs.ph is the best place in my opinion. Found great team members there.

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I had 5 acres on one my properties. I just used to shoot guns on it since there was nothing else around. I know people use it recreationally for hunting, shooting, dirt biking, stuff like that.

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San Jose, California

i will try and make it

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Riverside, California

All Forum Posts by: Daniel Martinez

Daniel Martinez has started 1 posts and replied 51 times.

Post: Questions on wholesaling Land vs Property

Post: Buying cashflow properties

Post: Buying cashflow properties

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Post: What to do with excess land?

Post: Temecula BP meetup pt 6.1