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All Forum Posts by: Jeff He

Jeff He has started 12 posts and replied 133 times.

Post: Questions to Ask Investors and Flippers When Finding Them Deals

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

It would be useful to understand their timeline. Do they have the funds to support an offer this week vs next month. For out of state investors having an inspection report or contractor walk the property is a major value add. Being able to provide that service or connect them to that service would expand your buyer pool. Finally, it would be useful to understand what other criteria they may have (financing or inspection contingencies). 

Post: Question for wholesalers

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

I'm curious to know how wholesalers market the deals they find to buyers. After working with a few buyers, their capital dries up. Would love to know how others find new buyer leads.

Post: Approve or Deny Tenants?

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

Are you below, at, or above market rent? You could consider lowering rent to see if there are more leads. I would personally wait. November and December are really slow rental months because people are busy with the holidays.

Post: Newbie Investor looking for a Partner.

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Jason Quero is it difficult to negotiate to become an equity share partner? 

Do you also only wholesale fix and flips? 

With regards to your other question. I can't comment specifically on fix and flips, but with the BRRRs that I do I actually find a good property manager and outsource the finding the contractors/overseeing work/etc to them. Not all, but some property managers do both traditional property manager work an have an in-house rehab/construction arm. I usually have to interview 5-10 property managers in an area before I find one that I like. 

Post: Brand New to Real Estate Investment

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

Hi Tim, it's great that you're getting started. What are you goals when it comes to real estate investing? Do you want it to be a passive investment or active investment? How much time and capital do you think you can spend on it?  Are you interested in holding for long periods of time or are you looking for flips?

Post: Newbie Investor looking for a Partner.

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

Hi Jason, thanks for sharing. Are you also given the opportunity to invest in the deals that you bring to investors? 

Post: Network is your net worth

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

Not in the area, but hello! 

Post: Experiment: Tech knowledge in exchange for Real Estate Knowledge

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Eden Mendel

I'm trying to democratize real estate investing. I think there is a large barrier to entry (high capital requirements, credit requirements, experience and time requirements, etc) that is preventing a lot of people from participating in real estate investing. My goal is to use fractional shares to tackle these barriers to entry and leverage technology to achieve it at scale.

I don't have experience with house hacking in the traditional sense, but I do own 4 small MFHs so maybe I can help answer some questions on that topic.

Post: Live-in Flip South Bay Area

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

Hey Matthew,

Been in south bay for about 4 years now. It's pretty hard to find any houses in the area that would work for a flip. Second options sounds pretty viable and I've seen a lot of room by room rentals on airbnb.

I imagine it's a potential liability and legal issue. lol. Proceed with caution.

*Not a lawyer, please seek a professional