All Forum Posts by: Jaren Taylor

 I just bought in Menifee about a year, a bit worried. I too have reached out to BP about thoughts in what I should do, check my most recent post. Hopefully that gives you some insight! GL!

Hey BP! Got yet another obstacle, a subject worthy of discussion! I've made an investment in Menifee, CA. A single family long term hold in the hopes of this city growing with amazing returns in terms of appreciation(cash flow negative however). To date, I have not owned the property but a year and when researching about the city, I am starting to see poor metrics about the performance of the city in the recent year or two. It is a negative cash flow property, and the metrics within the last year seem to be poor. I think it would be safe to say that this was a bad investment and hemorrhaging monthly cashflow to supplement the mortgage would be a poor idea in the long run. But I do submit to the fact of not knowing everything about real estate and wonder if I need to consider anything else before venturing into the idea of selling off this loss(would be my first sell). Like always thank you guys in advance!

Hey BP! My friend and I have been doing real estate for about 4 years now. Him specializing in wholesaling and generally finding good off market deals. I focus on raising private capital and have a solid group of investors that want to work with us. Although we've seen and underwrite many deals in this field we haven't really done a multifamily deal before. Nonetheless, I want to start moving forward with closing on these deals but need a sponsor hopefully one with operating expierence. What does a sponsor look for in choosing the people they want to work with, and how can I find someone that would be willing to walk me through the beginning stages of multifamily investing. I can offer you a GP stake and sweat equity in finding off market deals.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $408,000

Simple VA purchase 0% down.
Interest at 6%

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $408,000

I'd love to get started in flipping houses, especially here in souther California. However, I do not have to much experience or capital. I've came to a realization that it is probably smart to shadow some REI through some flips. How would I add value to that REI, and NOT be just an annoying bugger who ask a bunch of questions through a stressful flip? Thank you BP in advance!

Did ABNB ever work out for you guys?

Hey BP, I’m a new investor, and a water pipe popped on the 2nd story! Water was coming from the ceiling and hang lights. Obviously I got some dry wall damage, some bubbling, cracks, and discoloring.  Any recommendations on this problem before I start putting tenants in here?

I am looking at this property to BRRRR, and is listed on sites as a modular home and other sites as a mobile home. After talking with some agents it turns out that 1/3 of the home was made off site. And the other 2/3 were made on site. So that is why it is being called a mobile/ modular home. Its bringing the value down tremendously, and I was wondering if there are any tips you guys got on turning this property back into a regular ranch or SFH, like the rest of the homes in that neighborhood. Thank you in advance!