All Forum Posts by: Earl Jefferson

@Guy M.

 If you have any other suggestions, I'm all ears. I was thinking for California atleast, just getting a piece of property to maintain, then rent out whenever I PCS. Bah here is around $1640, so things are manageable, but I dont believe where I'm at is the right place to invest.

@Elizabeth Colegrove

The idea of a 4 plex sounds great, but I wish the area that I'm in gave me that wiggle room to do that. I've always just wanted to own 1 or 2 places, then PCS and repeat the cycle at the next duty station. I feel like hard money lending is perfect for the now, ontop of owning a place for a potential rental before I leave here.

Sort of stuck between a rock and a hard place. I'm currently overseas with the military, and when I get back, I want to put my money towards something useful. I have a budget of $30K liquid money for now to use. Currently live in Northern California, I'm limited in knowledge when it comes to wholesaling real estate as well, fees like I just need to see the process done for myself. So I pose this question, when a buyer doesn't have physical money, is there room for me to step in and lend my physical money, and gain a percentage when the house is sold? Or is it a better idea to learn more about wholesaling/flipping, or just manage multiple properties?

Sort of stuck between a rock and a hard place. I'm currently overseas with the military, and when I get back, I want to put my money towards something useful. I have a budget of $30K liquid money for now to use. Currently live in Northern California, I'm limited in knowledge when it comes to wholesaling real estate as well, fees like I just need to see the process done for myself. So I pose this question, when a buyer doesn't have physical money, is there room for me to step in and lend my physical money, and gain a percentage when the house is sold?

Wow, I wish I knew how to do this. I have the physical money, plus live in California where the Cost Of Living increases by the day, but I must say, Congratulations. i hope you continue to sell more properties.

@Kenneth Hynes 

I'm just stationed here for now. I'm actually from Lacey/Olympia area. I put in a form to request to live there. I feel like i'd only get out of the military if I could be stabilized on real estate, but for now, I plan on staying in. Being an out of state landlord wouldn't hurt, due to I'll be able to have trust worthy people in locations that I want to be at, or ones that are mobile if necessary. The fixing/flipping process, being a loaner, or just being a home owner to later rent out have been my 3 options. Would you recommend any?

@Tyler Flagg 

Was it hard jumping into the real estate side? How do you manage it while being in the military? And did you use your VA loan for any of them?

@Andreas Mirza Can i ask how you acquired your condos? Or what made you take the risk in flipping houses? I just want to know some information, as well as an avenue that's not too high in risks. I know everything real estate is due to the value of the properties, but besides buying/renting out, what would you recommend real estate wise?

I truly wouldn't mind going down this path. How much money did you start with? And buying a quadplex must have been expensive right? I sure need to gain some knowledge of all the ins and outs of real estate. Plus, do you have anyone helping with fixing up the place?

Hi everyone,

Currently I'm serving in the military, deployed. When it's time to depart, I should've earned around $30K to do what I want, investing wise. I joined the military to have the opportunity to move around, as well as use my VA loan to purchase/rent out houses but in California, the opportunity is only there if you want to pay a lot for little. Also, I've grown to hate being away from family, I've deployed back to back already, while feeling like I'm making a basic paycheck monthly. So I'm asking, is there a good avenue to invest my money somewhere? Something that can set me up to where if I wanted to, I could walk away from the military with no regrets. I'm truly lost when I look up wholesaling real estate, I wouldn't mind being the " investor ", to loan out physical money in hopes to receive profit, but any tips would be great. Thanks.

Bought a 2014 Camaro just to deploy and leave the country.. Shame right?

Okay. So I see this isn't the route to go unless I want the progressive gain. I've had a VA loan approved through Quicken Loans, but didn't act towards using it due to a deployment. So if that's the case, can I lose this question. Is wholesaling real estate easier than flipping a house?