All Forum Posts by: Jeremy Taylor

Hi everybody. What in your opinion is the best investment “type” or “strategy” in a bubble or a correction?

I’m not trying to get in a debate on weather or not we are in a bubble or if a correction is coming, I have my own opinions on that and there are plenty of threads here with amazing insights on that. 

I’m curious to hear from experienced investors, IF you knew we were on the back side of a bubble and prices were declining or going to decline, would you stop buying? If not how would your strategy change to either capitalize on that and maximize your returns or minimize your risk in this scenario? 

I think most people know how to invest at least in theory when the market has bottomed out or is on the climb, but are there still strategies that make sense when its declining? 

I’m new but it seems to me that if your buying and holding rentals and the numbers make sense, unless your trying to leverage or sell...the value wouldn’t matter all that much so long as the rents don’t decline past your point of cash flowing and you hold until the market value returns. What are your thoughts on this logic? 

Im also interested in advise on finding a mentor, I'm not opposed to paying is the value makes sense. 

Hello everyone, my name is Jeremy. I currently live in Southern California with my beautiful wife and daughter. We are looking to make a move out of California in the near future and I'm looking for some advise on long term investing strategies out of state. Im currently in the Utility construction trade. In California my wages are above average and I live below my means. Unfortunately in the midwest and southern states my current career doesn't pay the same in comparison to median wages in the parts of the country we are looking to move to.

That being said im using this information and situation as a catalyst to finally get serious about real estate. I have purchased and renovated a couple homes and have done well (with more luck and timing than skill).  As I said I make a good living right now so I don't necessarily need to live off of the income at this point but that is my plan in the future. I have access to some money to invest and have some of my own. Im looking to make some connections and meet some people in the industry that are willing to share a bit of their advise with me, and hopefully help them as well. 

Im interested in cash flow properties (and or businesses), flips, rehab and hold and any other strategies that fit my needs and talents. I am looking to invest basically anywhere the US but primarily in less expensive areas that still attract decent renters, which im sure most people are. At this point im looking for multi family properties but I'm open to anything and im sure there are strategies im not aware of. If anyone has any advise they are willing to share I would love to hear it. 

My goal now is to get as much advise as I can and hopefully gain some contacts to start some mutually beneficial relationships in the industry and to help me decide what is the best strategy for my particular situation before I dive into learning as much as possible about those areas. Thanks for reading and being a part of these awesome forums!!

I’m asking for advice not bragging. However I can see how you got that from the wording of that post. , so thank you for pointing it out. 

 I was not and would not ever brag about anything I have. I’m willing to bet most investors on here make a considerable amount more than I do and that’s why I’m here and asking for advise. I’m looking for advise so if your willing to share I’m all ears, but if your point was just to point out the bad taste my post gave you, I got the message and I wish you the best.

I’m looking to get into rental properties. Eventually appartments and bigger projects but I’m focusing on multi-family units right now. I have a great career already that pays me a great amount of money but like most people on here I’m looking to get into passive/residual income streams.

I feel like multi unit properties have always interested me and seem like a good place to start. I have access to a good amount of cash and I’m trying to figure out what my strategy should be. I live in Southern California so naturally I’m interested in out of state properties due to the buy in costs being lower. What recommendations do any experienced investors have that I can build off of? I’m looking for advise on a long term strategy to eventually be my sole income but it doesn’t have to be right now. 

At this point I don’t need a lot of extra income as I make a fair amount now, but I would like to build something that will allow me to do what I want, when I want in the not too distant future.  If you were in my scenario....what would you do?

I'm new here and I'm not trying to be a troll or stir things up so I hope its not taken that way, but I am curious. Of the people that were investing and in real estate in general twenty 15-20 years ago, how many of you saw the Bubble in 2007 coming before it burst. I feel like I'm pretty intelligent and try to make informed decisions, but back then I was real young and over confident I bought my first house in may of 2007, one month later It crashed. Before I bought back then I felt like I do now; that prices are just too high for the income of the average person. I kept saying in 07 this and literally every person I spoke with (even successful investors) back then told me I was wrong and a lot of the same things I'm hearing today. If you did see the last one coming, what do you see if anything, thats similar. I understand the differences in lending now a days and the main reasons for the crash. Im just seeing so many similarities in the opinions im hearing today vs. 07 and im curious what long term professionals are seeing that they did or did not see the last time. 

From what I remember everyone was very confident the market wasn't going to crash in 07 until it did and everyone can see why it did AFTER the fact. What if anything are we missing this time? What are your thoughts?

Im new to real estate investing and even newer to Bigger pockets. Im pretty gun-shy on making my first offer on a multi-family based on some bad decisions in the past and I'm looking for any advise or opinions people want to share. My question is this; knowing that there are so many investors on here and in general using the calculators and strategies from this and other forms, what is usually the most common reason a property would still be available when it looks like it would cash flow? Im primarily looking at multi-family out of state as I live in Southern california. Its probably harder for me to grasp the idea of a duplex being a bad investment at $35k but I realize location and other factors will make this type of property a no go no matter what the price. For instance Brandon Turner did an amazing webinar the other day and live analyzed a deal in corpus christi texas that seemed to be a "BUY". It was the first one he chose and it seemed to exceed the loose initial analysis. Im not doubting the analysis or validity or anything like that, im just wondering what im missing. I feel like in this market at this time with the amount of people analyzing deals all day long,  that property had to have been analyzed by someone before that. So in a scenario like that; why was that property even available? Or maybe a better question is what did the other people see that I might miss that turned that deal into a  bad deal? I constantly hear that its almost impossible to find a good deal today, so why would there be deals (not just that one) that seem to pencil out that are still that easy to find?  Any thoughts or opinions are welcome on this.