All Forum Posts by: Jackson Campbell

Encinitas, California (North San Diego County). Purchase this turn-key home then split the lot using the new CA Senate Bill 9 (SB9) rules. Follow the plan already in place to make $600k-$1Million in 22 Months. Great House Hack to live by the beach while you build and make $600k-1M developing the property as a side gig. You don't need construction or development experience. Just a willingness to participate in the process and follow the plan. This is a great way to get ahead as a new or seasoned investor. Visit www.625santafe.com for access to more information on the project.

I’m out of state but having some of the same issues as others. I’m need of good property management and a good GC if anyone has one.

I’d be up for a virtual event just to meet and chat online.  Maybe this is an easier format for everyone else too?

I’m an out is state guy and own units in Corpus Christi.  Need to do some exterior rehab work right away and need a new property manager.  Any recommendations for a good contractors and PM’s in CC?

Hey All!

Any lenders you might suggest.  I’m purchasing a duplex cash and looking to immediately refinance max cash out immediately post close.

I understand typically they will use sale price. Any you know of go To 80ltv of sale price? Any you know will also do 80ltv of sale price plus actual repair cost?

Other option would be to wait for new value but I understand many banks have seasoning requirements?

Any known lender who will do refinance on new value? Any idea seasoning requirements? Maybe shorter like 3 months, or?

Welcome to the crux of investing in anything.  Is there ever a time that a fear of future doesn’t exist?  Buy “right” in the present market, then plan for long term hold.  If short term gains present themselves take advantage, otherwise stay the course.  

Similar to cost averaging in stocks, pick an asset class that has a strong likelihood to provide acceptable returns then invest.  Making regular investments over time is your protection against the market.  Hint: Real Estate.

Crystal ball? Nope.  Just logic…Growing population=increase demand on housing.  Slower than needed new construction starts=demand on existing housing.  Inflation staying the same or increasing=growth of “real” asset value while devaluing any debt leverage against the property(since loans don’t go up with inflation).  Rise in interest rates=affordability of housing worsening pushing people into existing rentals(in theory, your rental). 

In summary, hunt for the location, then focus on the deal.  Pitch the crystal ball with the sckepticism…it only stifles action.