All Forum Posts by: Jared Vidales

Welcome! I live in Scottsdale and my gf lives in Newport Beach. Comparing both markets, the entry into the OC market is definitely expensive.  But I agree, you should be looking to acquire property in your own backyard, until you gain enough experience to start partnering up in out of state deals. 

Link up with a BP member here, who's experienced in the LA market. I've heard of people picking up houses in the 200-300k range, which isnt too bad considering the market. 

Welcome!

I'm also a new investor in the Scottsdale area. Drop me a message, so we can connect!

My parents live in Davis, so I have interest in eventually investing in Sac. The economy is growing at an impressive rate. 

Which parts of Sac are you refering too?

Whats your current portfolio look like?

You can get FHA loan with as little as 2%. Depending on programs in your county, you can get conventional loans with at little as 3% down(My case).

You can use the FHA loan to house hack up to a 4-plex. You can also try a live-in fix/flip if you have the expertise?

 I like this answer. 

I'm now a full time investor, therefore I have no W2. I've heard about financing via self-directed IRA's. Can you point me towards any BP blogs going over IRA financing details?

Also, what do you mean by 'options'?

Hi All,

I'm slowly beginning to assemble my team...last on my list is a Tax and Real Estate accountant. I'm looking for recommendations in the Phoenix Area...who're used to working with RE investors (Fix/flip, Fix/hold).

Thanks in advance!

 I agree, data is showing midwest and some New England geographies very high deltas. 

Hows the Queen Creek market relative to the valley?

Hi All,

Which locations are you guys seeing as hot markets for Fix/Flips? Locations with the largest delta between distresses and retail properties? Phoenix AZ inventory is very dry right now....and doesn't allow much margin. 

Can anyone suggest a website that has quarterly & yearly statistics in this regard?

Thanks!

Bump!

Hi y'all!

Brand new investor here in Maricopa County, currently in the process of finding my first Fix/Flip property. I've been analyzing properties on the MLS, getting properties sent over from wholesalers, and have been walking through countless houses.

I want to ask the Rehab professionals in the AZ market for recommendations on the following:

1. Inspectors

2. GC's

3. Subs

All who are used to working with investors. I want to put an offer on (2) short sales in the next couple days, and want a GC and inspector perform a walk through to see if theres any red flags, and also for the GC to give me a rough budgetary estimate. Also need a solid list of subs to give me quotes when the time comes!

Any help would be greatly appreciated!! 

I'm also here to network...If you think we can leverage each other, send me a message and we'll grab some lunch!

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