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All Forum Posts by: Jeff Shaver

Jeff Shaver has started 2 posts and replied 2 times.

Post: Need Advice on how to best use my equity.

Jeff Shaver
Pro Member
Posted
  • Posts 2
  • Votes 2

Current investment property in San Diego brings in $5K a month, my net after mortgage/PM/etc. is around $650. I have roughly $550K in equity and would like to use that equity to invests in more properties. I have tried to do a HELOC but I've recently retired from the military and haven't started another W2 therefore lenders don't want to approve the HELOC. Should I sell and 1031 the equity into a apartment complex where I can increase my net per month? Also, after I do a 1031, how long do I have to wait before I can cashout refinance? Thanks for the advice.

Post: Property Management in San Diego?

Jeff Shaver
Pro Member
Posted
  • Posts 2
  • Votes 2

Hi everyone! I'm looking for a property manager in San Diego? Also this will be my first rental property, what expectations should I have for the property manager? Thank you.