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All Forum Posts by: Greg Ngai

Greg Ngai has started 1 posts and replied 4 times.

Post: Postcards. Fancy Full Color? or Plain two color

Greg NgaiPosted
  • San Jose, CA
  • Posts 4
  • Votes 0

Hi Michael,

Very nice.  How do I obtain the above mentioned postcard template with order details (size, etc)? 

Thanks in advance,

-Greg

Post: What is the law on Wholesaling in CA?

Greg NgaiPosted
  • San Jose, CA
  • Posts 4
  • Votes 0

Hi Canesha,

I'm finding more and more relevant content as I'm searching on the forums.  I'm going to continue to dig deeper.  PM me and we can stay in touch.  Thanks!  -Greg

Post: What is the law on Wholesaling in CA?

Greg NgaiPosted
  • San Jose, CA
  • Posts 4
  • Votes 0

Hi BP Community,

Canesha Edwards and Kelly O'Quinn, thanks for asking the questions.  I'm a newbie interested in wholesaling and wondering some of the same.  I'm not a realtor, so I don't fall into that boat.  But, I am wondering if anyone can shed light on an appropriate way to start wholesaling, steps to take, etc.  Though reading is great, I'm wanting more focus and structure than "read everything you can get your hands on".  Mentorship would be great, but how do you go about finding one?  Thoughts anyone?  I'll keep looking on the forums...maybe there are threads already addressing this. 

-Greg

Post: Hello. Wondering do I sell my home now...

Greg NgaiPosted
  • San Jose, CA
  • Posts 4
  • Votes 0

Good day Bigger Pockets Community,

I have do have a current scenario I wish to receive feedback on please (see below).

I'm brand new to the community and to real estate investing.I recently stumbled onto this website and have be drawn in as I'm looking for alternatives to working for someone else and the traditional work hard and save mentality.

I recently (after hearing in many podcasts) listened to the Rich Dad Poor Dad audio book and was blown away.I now realize that there are other ways.My mind is busy with possibilities but in the short term I plan on learning as much ongoing, getting involved with either bird dogging and or wholesaling hopefully evolving to flipping and or buy and hold in the eventual future.I started to make some contacts with contractors and a possible hard money lender just thru casual conversations.It's exciting, but I know I have alot to learn.

I own a home in San Jose, CA and wonder about leveraging the possibilities of the equity I've built.Here are some numbers.

Owned for 15 years

2Bedroom 1Bath with a 2nd story loft 1090sq ft

I Owe $290k on 30yr mortage at 3.375%

Owe a non-bank 2nd to my mom for $13.8k at 3.375%

Estimates on Zillow $550k and Trulia $623k

I was wonder about trying to time this market.Robert Kiyosaki and others talk about a nearing market crash.In hindsight (and we know what they say about that) I could have sold in 2007 for these current prices and entered back in 2009ish at a vast discount.I considered selling back then and now see the opportunity that was missed.

Appreciate insights.

-Greg