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All Forum Posts by: David Latham

David Latham has started 9 posts and replied 17 times.

Post: Book on real estate bookkeeping

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7
@Simon W. I plan most certainly on outsourcing the job. I just want some good books or info on real estate investing book keeping, the more you know and what not.

Post: Anyone in SoCal buying in Jacksonville?

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7
Hey, guys I’m a new investor in southern California trying to buy my first property in I Jacksonville Florida. I was Curious if theres anyone In my area already buying property’s in northern Florida? Thanks in advance!

Post: Book on real estate bookkeeping

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7
I have zero experience with running a business, or bookkeeping. Does anyone have any good resources on bookkeeping for real estate investing?

Post: Realtor recommendations Jacksonville

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7
@Carolyn Morales Thanks, Carolyn I look forward to hearing from you!

Post: Realtor recommendations Jacksonville

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7
I’m looking for a realtor in Jacksonville, Florida. Please only recommendations from realtors that you have personally used, and have experience in real estate investing. Thank you so much!!!

Post: How much do you put down?

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7
Daniel, you are going to have to put 20 to 25% down on a conventional loan. There are other ways such as having the seller finance part of the down payment and 1 million other creative ways to do it. Just remember though it doesn't matter how much you put down if you're not hitting your numbers. Most people try to get at least 12% cash on cash return and $200 per door cash flow. I hope that helps.

Post: What's the deal with Memphis

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7
OK, guys I was looking at places to invest and I came across Memphis, Tennessee. Now some of the prices look really cheap, but I know looks can be deceiving. So what am I missing people, if anyone has experience with Memphis can you please fill me in about the good, the bad, and the ugly. Thanks in advance you guys rock!

Post: Is this a good deal?

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7

I know I'm not getting at least 100 per unit, but it looks like I can if I slowly fix up units and raise rent.

Post: Is this a good deal?

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7

Ok, I'm going by the sellers numbers. There is 8 units, 4 2b1b and 4 1b1b. Rent is under market, so it looks like a good deal. So, my wise peers what do u think?

Post: Real Estate agent in Bakersfield Ca

David LathamPosted
  • Rental Property Investor
  • Norwalk, CA
  • Posts 18
  • Votes 7

 Does anybody know of or have any experience with a very good real estate agent in Bakersfield California? If not is anybody familiar with real estate in Bakersfield?