All Forum Posts by: Edgar Gascon

Hello, 
I’ve got a client who is working with a PMC but hasn’t been managing it well.  She’s asked for eviction previously (because of tons of tenant damages) but the PMC has not moved forward. Just last week the tenant got arrested in front of the house (allegedly on narcotic & gun possession) & now my client really wants them out. 

Can she go over the PM and file an eviction without informing them? Or is she better off cancelling the contract & performing the eviction herself after the PM contract is void? 

I appreciate any insight 

I would agree with the previous response; any past due are still due. The only way it could cause somewhat of a conflict is IF your current property manager contractually states they keep a portion of those fees. Another company in my town has been known to split late rent fees with the property owners. So if there’s $500 in late fees; your current PM could be entitled to that. I’m sure the contract has something in regards to that. Best of luck 

Awesome, I'll be there! Looking for to it

Hey Baird, just found this page & would love to join the next meeting. I’m currently an agent/investor in Santa Maria 

Hi Jennifer! I'm also a rookie but looking at the report, those numbers appear to look good!!! I always say, your investment heavily depends on what you're looking for real estate - immediate cash flow or long term appreciation. If you're wanting to be financially independent, ask yourself how much $500 moves the needle for you. If you don't plan to leave your job, maybe $500 is worth the investment. In this case, it looks like your CashonCash ROI is good & you're cashflow positive.

Hey Amy! Welcome to the REI world! As a newbie myself only in about 2 years I wanted to go out and invest out of state but took less profit and more hands on experience within California - with hopes of carrying some experience with me to out of state projects. As a realtor, I first learned from a client who was flipping by turning down a commission to walk through his entire project and learn his books. Those 2 months of shadowing him and his crew outweighed any books or training I could've bought with the $5k commission.

I know its probably tough right now in the middle of the pandemic - but connecting with local REI Groups will allow you to share experiences with several other investors at different points in their projects. Hopes this helps a bit!! All the best
 

@Bryce Shortall @Tony Simmons

I know I’m even more late to the conversation, I just recently joined BP & looking to connect with other local investors. I’ve got 2 duplex in Santa Maria & would be interested to discuss investment options in Lompoc or near the coast. Let’s connect!!

@Eric Black @Benjamin Nichols

Hey! I'm new to BP going back finding posts with central coast people & came across this one. I'd love to connect and discuss current projects, visions, and past acquisitions in the area. Always open to meeting local REI

@Jose Rodriguez hey! Welcome to the central coast. I would love to connect and talk more about local investment opportunities.

@Mario Abundez hey Mario! Let’s connect! I’m open to talking more about the central coast market