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All Forum Posts by: J. Johnson

J. Johnson has started 12 posts and replied 44 times.

Post: How long did it take your FLIP to sell?

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

Very true, Im learning that now. Also helps to have the gift of gab.

Post: Another question on shortsale

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

Im seeing a lot of good info here thanks for your responses, @Henry M. its WF, (Wells Fargo), I dont understand loan modification, I have tried the refinance route but it doesnt save much per month as what I hope for.

@Robert Adams no, it is the strategy that Im using now, but it does not look like the market is rising that way in my area. I have had a friend that owns 2 properties in my area tell me the same, but I want an exit strategy right now to obtain a house that Is not causing that much problems.

@Simon Campbell this is what I was afraid of, but my realtor says that the short sale wont affect me. He said as long as I can pay the monthly bills everything should be fine. I didnt know that the shortsale can affect credit, do you know any other exit strategy?

Post: RE simulation game

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

Hey thanks for the helpful info guys. @Tom Sylvester yes I play the cashflow 101-202 all the time, but looking for more in-depth real estate learning tool that you can use your knowledge and experiences in the same manner of cash-flow, or simply keep yourself above water. Once again cashflow is a great learning tool, but I was hoping there was something that catered to sole real estate investing.

Post: Another question on shortsale

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

I have an investment property that im currently loosing on. It is starting to become a burden to me. The realtor that im working with has told me the only way to sale it is by shortsale. I now have a tenant in the home and I was wondering if it can still be done with a tenant inside? Can anyone share their experience?

Post: VACATION RENTALS ANYONE?

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

Vacation Rental is a strategy that im planning to get into as well. Having experience in the Dominican republic gave me some better insight on what to look for in rentals.

Post: Buying a home without a Job

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

Greetings everyone, I would like to know if it is possible to purchase a home without a Job? I work as contractor overseas and I just completed my assignment. Other than cash what are some options to getting a house?

Post: What does it take to be a full time Real estate investor

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

Thanks Rachel Leonard, I have read a Australian magazine on flipping in that country, it seemed like the markets there were no different than the U.S. I was thinking of owning there as well since I like to travel.

Post: Starting up a Business plan for Vacation rentals

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

Matt Andersen thanks for your reply, I have been back and forth on that site, still trying to get the hang of analyzing the numbers for buying into the area.

Post: What does it take to be a full time Real estate investor

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

Thank you for your thoughts. Bryan L. I will see how many credit benefits im entitled to as a veteran. I want to start small and build my way up. Curt Smith I agree, It will be best to have a day job.

Rachel Leonard, thats nice, properties in Australia, and England, along with the U.S. interesting. Is it worth it owning property over there?

Post: Closed on Rental Property #3 Today!

J. JohnsonPosted
  • Real Estate Investor
  • Brunswick, GA
  • Posts 45
  • Votes 0

Jay Dao I agree with Joe C.. I would like to know about your team building experiences, and deal processing. Good job and keep it up.