All Forum Posts by: Jacob Anderson

Who are some good property management companies out in sunny side Orange County, CA? Would love some referrals!

Hello I’m looking for any good contractors in Orange County! If anybody had any good referrals please send them my way!

Looking for Orange County meet up locations, dates, and times!

Weekly, Monthly, Quarterly works!

So I was apart David Greene's webinar today which his computer totally crashed (he wasn't prepared enough). I know he talked about how conventional loans in the BRRRR method don't give you the advantages as a cash payments. Conventional loans won't be applicable to worn down homes. But as a realtor, my plan is to use the commission checks I get to finance a home using a FHA loan and house hacking it for one year.

The plan is to find a property that can be updated with new physical features while mitigating my closing cost by getting the commission check as the buyers agent. Along with dampening my closing costs I could also use that money to go into the rehab as well.

The Southern California, Orange County is very spread out ranging from around $500k-$20m. My price point is roughly $400k-$800k. Close to Tustin where I currently live since I know the areas pretty well. I have a rough outline of the numbers that will work but I wanted to know about refinancing?

Can I refinance a home while trying to house hacking?

Any feedback is valuable. I currently do not know any investors in my area and would love to connect and brainstorm ideas to succeed and give value in this Orange County market where there are so many possibilities.

@Jo-Ann Lapin Hello Jo,

I’m currently focusing on OC area right now. I have one buyer located in LA but I eventually want to head over to LA. And I’m interested in both single and multi family homes!

@Victor Menasce

Okay I plan on investing on a 500k-700k single family home 3-4 beds with an attached garage so I can house hack by staying in the garage or in the last room. Is there a good calculator or system to figure out how much I should price each room (like by sq/ft, views, master)? Or have people as a group collectively figure out how much they are going to Indi I pay? Assuming I’ll have a mortgage of around 3,500-3,900.

Hello Bigger Pockets Members,

I’m a relatively new real estate agent in the Orange County, CA area. I’m looking to provide value in investing, buying, selling of any real estate! I’m looking to do a lot of ground work, cold calling expired homes and for sale by owners, running numbers, and making a lot of deals. I’m planning to become an investor after a few deals mainly focusing on buy and hold properties. So I will be looking for other investors to partner with in the near future. I also plan on flipping homes as well. I would love any feedback and look forward to giving back to any members if I can!

Thanks

Jacob Anderson

Hello Bigger Pockets,

I’m a new member and I have a question in regards to renting out your rooms individually. I’m curious what are the numbers and areas you look at to get the most cash flow. Specifically I want to know if areas near college campuses, urban cities, or suburbs have that much of a difference in traffic for renting by rooms.

Thanks,

Jacob