All Forum Posts by: Jefferson Kim

This is kind of an old article from August last year: http://www.wsj.com/articles/china-cracks-down-on-m...

http://www.scmp.com/business/banking-finance/artic...

"I Surived Real Estate" video forum talked about its effects with the panels mainly in the first video.

http://www.isurvivedrealestate.com/watch-the-video...

What happens when China finally decides to actually plug up the holes and lock down money from leaving China?

If you knew the 12 month period when China would cut off all capital outflows to the United States, how would adjust your investment strategy to make the most money from the aftermath?

[NOTE: This is not a discussion on if you believe China will never enforce its current $50,000 limit per Chinese citizen. That goes to internal politics of the Chinese government which is beyond the scope of this post. For the sake of simplicity, this is assuming the Chinese government is successful in fully clamping down the outflow, its effects on the US Real Estate market, ways to cope, and ways to profit from such occurrence.]

Schools seem to have a great affect on a community and consequent land value. Whether correlation or causation, I can't say exactly (http://blog.redfin.com/blog/2013/09/paying-more-fo...)

I found this humorous article about TOO MANY churches hurting a city: http://articles.latimes.com/2006/jul/31/nation/na-....

Does anyone have experience or anecdotal evidence about Mega Churches effects on surrounding land values (net positive or negative) in suburban, SFR neighborhoods?

RELEVANT STUDY: http://blog.redfin.com/blog/2013/09/paying-more-fo...

Generally speaking, does anyone know of a specific example that shows a high scoring elementary / middle / high school neighborhood deteriorate into eventual disaster and lowered home values (perhaps some neighborhoods in Detroit)?

I'm talking about neighborhoods that have elementary, middle, AND high school ranking 8 out of 10 or higher.

It seems to me that ultra high ranked schools in the 8 - 10 range on GreatSchools seem to have a nearly 100% correlation toward the neighborhood quality and the desirability for people to move in, and tends to generally remain a high ranking school (except in extreme cases). The homes in those highly regarded schools also tend to be more expensive. I'm guessing the higher property values also help fund the school district better, and because the homes in that elementary school are more expensive, it slowly becomes more and more exclusive to the more affluent (who generally do better in school). Hence a self perpetuating cycle. Whether it's correlation or causation, there definitely seems to be a link.

And keep in mind, I'm narrowing the field down to the elementary school level. Things can sometimes get a little wonky within the same middle / high school zone with different feeder elementary schools.

I've see this pattern of elementary school boundaries GREATLY affecting home values in Orange County, CA, Houston, TX area, and the southern suburbs of Atlanta, GA.

Great schools = great real estate potential, seems to make sense, but I would like the counter examples that have ACTUALLY happened, and not just hypothetical.

Can anyone recommend a management company that does SFR around the McDonough, GA area?

I've seen some companies, but they have a lot of negative reviews on Yelp.

 I was readin gthrough this thread: http://www.biggerpockets.com/forums/62/topics/1233...

And actually, some bubble chasers brought up a good point about appreciation. Even though you may not be cash flowing, I'm almost damned certain your house will appreciate, and when it does, you'll be able to cash out, or HELOC and profit it. Or just straight up selling it.

In some ways, you're just deferring the "cash flow" into a later pay date when you can appraise it at the height of the bubble.

Maybe a mixed strategy is best, which is what I'm thinking of doing.

Using the California homes to appreciate and HELOC out cash to invest in cash flow properties out of state where cash flow is the primary focus.

At least, this seems less risky, than trying to continually feeding into the appreciation game until "pop" goes the bubble, and you're completely screwed. Even if the bubble pops, you still have your HELOC (though the bank may revoke it, but at least you'll still have 15 years to pay off the balance), and HOPEFULLY, you still have your renters in your cash flow properties.

WIN-WIN?

I'm down for the January 2015 Meetup if you guys have one! Let me know! 

BTW, what do you guys think of http://www.meetup.com/Orange-County-FIBI/

I'm thinking of checking out their next meetup.

I ended up looking into areas like the suburbs around Atlanta, GA and it was like OMG, CASH FLOW!!! 

This report led me to the best cash flowing places that fit my criteria.

http://www.realtytrac.com/content/foreclosure-mark...

I'm in process of working my first all cash deal since the total home prices are so low (and I can't get traditional financing due to my newly minted self-employment status). One more year, and I'm going HELOC, including on my home in So-Cal. I wish I thought of getting the HELOC nailed down BEFORE going self employed. . . blast.

It makes me think how much further ahead I would've been in the Real Estate cash flow game if I had lived in a more cash flow friendly part of the country.

 Thanks. That's exactly what I suspected. I'll have to do a gut check for out of state investments.

I'm trying to find an investment, cash flow, rental property, and everything seems crazy expensive.

- Less than 20 years old

- Desirable school district

- Single, detached home

Anyone have any pointers of surrounding areas that might be more promising? Or am I too late to the party?

(hoping for another recession?)