All Forum Posts by: Jack Budd

@Nicholas L.

That’s my goal. I’m not sure if it’s possible or makes sense right now given current interest rates.

@Jake Andronico

Congrats on the success Jake! So happy for you! House hacking is something I would love to do. It seems difficult right now given the current interest rates but is totally something I plan on doing. Thanks for all the info and kind words. Super helpful :)

 Thats exactly what I figured Noah. Thanks for responding. Do you work for a property management company?

Hi everyone, my name is Jack and I am trying to take actionable steps to enter the world of real estate investing. I am located in Whittier, CA, a few miles east of LA. I am interested in flipping and buy and hold/brrrr properties. I was reading David Green's book "Brrr investing" and he mentioned his three critirea for analyzing a deal: positive cash flow, buying for 70% arv, and located in a headache free area. My question for other SoCal investors is what are your criteria for determining a good deal? Are you finding deals that cash flow locally? With property values and interest rates so high, it seems really hard to find anything that won't produce negative cash flow. I am also trying to gain experience in running numbers and analyzing deals. If anyone has closed on any deals lately and would be ok sharing their numbers it would be extremely helpful to look at. Please feel free to reach out and connect!

Hi everyone, my name is Jack and I am trying to take actionable steps to enter the world of real estate investing. I am located in Whittier, CA, a few miles east of LA. I am interested in flipping and buy and hold/brrrr properties. I was reading David Green's book "Brrr investing" and he mentioned his three critirea for analyzing a deal: positive cash flow, buying for 70% arv, and located in a headache free area. My question for other SoCal investors is what are your criteria for determining a good deal? Are you finding deals that cash flow locally? With property values and interest rates so high, it seems really hard to find anything that won't produce negative cash flow. I am also trying to gain experience in running numbers and analyzing deals. If anyone has closed on any deals lately and would be ok sharing their numbers it would be extremely helpful to look at. Please feel free to reach out and connect!

Hi everyone, my name is Jack and I am trying to take actionable steps to enter the world of real estate investing. I am located in Whittier, CA, a few miles east of LA. I am interested in flipping and buy and hold/brrrr properties. I was reading David Green's book "Brrr investing" and he mentioned his three critirea for analyzing a deal: positive cash flow, buying for 70% arv, and located in a headache free area. My question for other SoCal investors is what are your criteria for determining a good deal? Are you finding deals that cash flow locally? With property values and interest rates so high, it seems really hard to find anything that won't produce negative cash flow. I am also trying to gain experience in running numbers and analyzing deals. If anyone has closed on any deals lately and would be ok sharing their numbers it would be extremely helpful to look at. Please feel free to reach out and connect! 

Hi Lucas, I am in a very similar position myself. While I can't help you, I would love to connect and keep in touch to hear about how things go for you. I wish you the best of luck!

@Paul Tan

Thanks Paul! This is great info! I completely get what you are saying. I have been reading multiple bigger pockets published books and have been listening to the podcast for nearly 5 years. I would say I have a pretty good baseline understanding, just need to jump in.

@Carlton B.

This is really great advice. Thanks!

@Andy Sabisch

Thank you Andy. You have given me so much to think about!