All Forum Posts by: Jay Hinrichs

@Dave Rosenfield 

  Unsecured promissory note for each friend and family is all you need in my mind.

Also to all .. When did CA usury change to 10%... Have not heard of that low of usury rate ever.

@Charles Cabral 

Not sure what your experience level is.. Spec building Is usually the province of farily experienced types.  If you have no experience you will probably not get any financing and will need to do the entire project out of pocket.

That's a hard one.. we all have to start somewhere and most that start are in the trades and understand how to build and what it takes.. easy to get burned big time.

That's why you have this whole cottage industry of fix and flip most anyone can buy a run down house and get a contractor to fix the kitchen bath and other items but from ground up that's a whole nother kettle of fish

@Jonathan Napper 

  unless you live close to the storage units those will be tough to manage.

I have owned storage unless you can run over and show the units in a few minutes you need on site manager.. maybe you can do that with someone from the park. But what quality of tenant will you have in the park.

these could be management intensive.... do you plan on managing them yourself?

@Rick Baggenstoss 

  perfect for neighborhoods that have drive by issues  !!

@Rick Baggenstoss 

   well not selling is not good... I would think you would need to come in under market not top of market.  and of course buy and hold those could be tenant proof  like bullet proof

@Rick Baggenstoss 

  thanks Rick cool... I sent to my Architect.

Portlandia's  motto is  "Keep Portland Weird" so these should fit right in.

We have all these super skinny lots and high density.

@Camronn W. 

  had not heard of shipping containers used for primary housing.. any links one could look at ? appreciate it.

@Will Barnard 

  Consulting is a good gig and a natural progression for very experienced folks in any industry. 

@Andy M. 

  Well as long as you are happy and have a good rep that's all anyone can ask for.

@Rick H. 

  meant 20k is over head maybe 10k net for the guru then he has to pay his fixed over head.. but still great money  for being an Educator :)