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All Forum Posts by: Jeremy Clendenin

Jeremy Clendenin has started 5 posts and replied 19 times.

Post: Negative cashflow on Rental Property .

Jeremy ClendeninPosted
  • Investor
  • Huntington Beach, CA
  • Posts 20
  • Votes 2

@Vinh Huynh my personal thought is your loosing a few hundred a month and the home value rises over 1-2k a month hold onto it that home will be worth 1m in the near future

Post: Help!!! I have a off market condo in santa Clarita CA

Jeremy ClendeninPosted
  • Investor
  • Huntington Beach, CA
  • Posts 20
  • Votes 2

@Mary Mitchell i am mainly looking for out of state multi family but this im looking to flip

Post: Help!!! I have a off market condo in santa Clarita CA

Jeremy ClendeninPosted
  • Investor
  • Huntington Beach, CA
  • Posts 20
  • Votes 2

@Anthony Cecena amazing advice I greatly value your response and will definitely put it to action

Post: Help!!! I have a off market condo in santa Clarita CA

Jeremy ClendeninPosted
  • Investor
  • Huntington Beach, CA
  • Posts 20
  • Votes 2

@Jonathan Larkin thank you Jonathan I appreciate it again

Post: Help!!! I have a off market condo in santa Clarita CA

Jeremy ClendeninPosted
  • Investor
  • Huntington Beach, CA
  • Posts 20
  • Votes 2

@Jonathan Larkin I appreciate your response and in my case sadly i have zero credit as i am self employed with $ only work so looking at all possible ways and how to structure the phone call with him as it is my first and i do not want this to pass me as I feel there is alot of potential in this

Post: Help!!! I have a off market condo in santa Clarita CA

Jeremy ClendeninPosted
  • Investor
  • Huntington Beach, CA
  • Posts 20
  • Votes 2

Hey guys I need help and appreciate everyone who has experience and can give advice

The owner of the condo passes away and was left to his brother "bob" bob hasn't done anything with the property my mother and bother in-law started cleaning the property out and found out he doesn't know what to do with the property might sell is what he said!

Property from my mother said it needs carpet/minor mold from leaking sink and everything is old and outdated minor rehab!

Had brother in-law call him And said I have the OK to call him I want to call him tomorrow afternoon How do I go about this I have 50-70k in bank

Property Value roughly 350k

My question is i need to call and talk to him how should the call go what questions should i ask Potentially wanting to owner finance the property until I can Pay in full after rehab and sell

Post: 50-60k from savings looking for first investment

Jeremy ClendeninPosted
  • Investor
  • Huntington Beach, CA
  • Posts 20
  • Votes 2
@Jonathan Soto thank you for your help much appreciated

Post: 50-60k from savings looking for first investment

Jeremy ClendeninPosted
  • Investor
  • Huntington Beach, CA
  • Posts 20
  • Votes 2
@Jeremy Clendenin also adding in i cant get a credit card meaning no bank loans In a (self employed position)

Post: 50-60k from savings looking for first investment

Jeremy ClendeninPosted
  • Investor
  • Huntington Beach, CA
  • Posts 20
  • Votes 2
Hey guys first time user glad to join hopefully many smart minds i can get help from. I am 19 and have had a minor chunk of cash saved and sitting. My goal is to invest in rentals and push my 4k a month job aside with rentals! Thank You for your help I appreciate it