All Forum Posts by: Jeet Sangha

Hello, if you must live in San Jose, I'd say renting makes more sense, especially a 2.5M house for 5K a month. If you were to buy a similar home, the interest and property taxes alone may amount to that much, which, in my opinion, is a waste of money as well. Or, you can try moving out to Morgan Hill or Gilroy, where home prices are more affordable compared to San Jose. 

 Hey Diego, I started wholesaling a long time ago by doing direct mail marketing and had decent success doing that. I no longer wholesale since I'm primarily a Realtor now. The main thing is to find motivated sellers before they list their homes with a Realtor. You can find different strategies on how to find and reach these folks, such as driving for dollars, targeting mailing lists, networking with Realtors and other wholesalers, and having an online presence, plus paid social media ads, etc. These are some of the ideas. I'm sure others will have more to add. 

Hey Gil,

I'm an experienced investor and realtor specializing in the South Bay area. I can help identify buildable land from San Jose down to Monterey County and San Benito County. I can assist you with your specific needs, let's connect and see how I can help.

Hi Payvand! Welcome to BP. You'll find lots of great tips to get you going. It sounds like you're looking for an investment that cashflows and appreciates over time. In the current market environment, finding a deal that cashflows on day one is challenging. Usually, you'll have to find something that is a bit quirky where you can force appreciation. We've done that several times. For example, we converted an office structure into a duplex, which forced appreciation and positive cash flow. On another property, we made room additions, which generated much better cash flow. Currently, we are converting a barn into an ADU and JADU. The point is that sometimes you have to get a bit creative to see the true potential. I don't know where you're from, but I live in Gilroy, and I'd be happy to grab lunch together sometime. I can share some of my experience to help you get started.

Hello Aaron, 

Try Jim Pillsbury
AAA Home inspections
408-839-2467

Can you please send me the details? I’m interested. 

 I appreciate the kind response, Jessica! Just something to keep in mind, this is still a proposed settlement, yet to be finalized and approved by the DOJ. So, things may change still. Wishing you  much success!!

 Hey Wilson, i’m working with two sellers ant the moment and none of them brought up the settlement. In fact, I had to bring it up.

 I have a loan broker who can help with 2nd position mortgages and I would only look for properties with high loan balances to avoid that scenario altogether. 

If you're planning to buy or sell a house, here's a useful Realtor tip.

If you're a seller and your home has a low-interest FHA financing, you may be able to sell your home for a higher price. This is because FHA loans are assumable, which means that a potential buyer is willing to pay a higher price for a home if they can take over the existing low-interest rate mortgage.

On the other hand, if you're looking for a home to purchase, try to find a home that has an FHA loan.

This can be beneficial for both buyers and sellers and can result in a win-win situation.