All Forum Posts by: Jeremy Griego

welcome to bigger pockets. I will be moving to Hawaii at the end of the year. I have properties out of The current state I been living as well. The one thing I will comment on is the property manager. Don't just go for the first one you read on the Internet look for reviews any referrals and once you find one that you like Set up a Skype interview with them to make sure you guys on same page as far as the screening process, do they use of credit report as well as call previous landlords, do they have any evictions any judgment against them, clauses when they do their inspection at nine months or six months, how they go about evictions so on so forth.

Although you cannot obtain a conventional mortgage for a property owned by an LLC, most investors obtain the loans in their personal name, and then transfer title to the property to the LLC.

Technically, there is a due on sale clause under the deed of trust that prohibits such a transfer, but as long as the lender is not informed of the transfer, they ordinarily will not call the loan. Mortgage lenders only want your payments – they are not looking for a reason to get the property back. The decision to do this is one that you have to make.

thanks for the welcome

Not so new member signed up about a month ago here in Norfolk, Virginia but have been out to Sea, the internet connection is horrible and i am not computer savvy.
My name is Jeremy I I’m Active Duty US Navy, Damage Controlman(DC) translation for non Navy folks fire fighter. I purchased my first property 14 years ago when I first enlisted which was the best and worst thing I have done. I have purchased/hold many rental properties in Arizona, New Mexico, and now Virginia Hampton Roads area, mainly because I was stationed in those states. Thought the years I have lost and gained the fire in purchasing income properties but not because I didn’t like it but because of my many deployments overseas. Now that I am winding down my career with 5 years to retire and tone of interest from my shipmates asking me how to start investing my motivation is back 110% + my wife is onboard and supportive. The one thing is I was not comfortable giving advice to other but would tell them my story then they would all refer me to the "Rich Dad, Poor Dad" book, and now I am hooked reading everything I can find.
Now down to the business part, my properties are currently in a series LLC "Zia Sun Properties, LLC". I am looking for single-family and multi-family income properties; I do buy and hold and am not opposed to fixer uppers or rehabs. The opportunity to network, meet potential investors and even some mentorship is amazing and am glad I found this BP. For those of you in Hawaii I am moving there by the end of the year. Sorry for the novel.

sorry just starting out and posted in the wrong place for introductions.