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All Forum Posts by: Joe Homs

Joe Homs has started 93 posts and replied 1991 times.

Post: What happens to a solar lease in California AFTER Foreclosure?

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

@Mitch M.  At the end of the day I would check with your attorney, but I ran this interesting question by my Title Rep @First American.  He said that you can still sell the home, and this would not hold you back in doing so.  He suggested calling them to negotiate something, to your satisfaction, as you previously stated, including removing the panels.  In the meantime, enjoy the free energy they provide?

Good Investing...

Post: New to real estate investing

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

@Aparajith Srinivasan Welcome to BP in the OC.  Check out tomorrow's meetup:  

OCREIN - Reading the Crystal Ball and Predictions for 2025

Good Investing...

Post: Can I do it myself--Grant Deed

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

@Helene Zernik STOP!  You are entering a dangerous area.  You might be able to do this yourself, but why?  I would suggest calling a title company rep and running this by him.  What happens if you don't get title insurance is not an issue now, but on the sale of that property later.  What if someone else passes away and now you needed their signatures?  Can you say Probate.  Pay a little now to do it right and save thousands later...

Good Investing...

Post: CA Landlord - Proactive Rental Enforcement Program - What is it?

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

@James 

@James Mays yes I do and it's exactly the same.

Good Investing...

Post: OCREIN - Reading the Crystal Ball and Predictions for 2025

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

Details

(No cost, no pitch) Forming new relationships and networking may be the most important aspect of success in real estate. Furthermore, learning from the real-life success and failure of other investors is invaluable. This is a perfect place to learn, grow, and network!!
***
The connections that perfectly complement you are out there. If you have not found them yet, you aren't looking hard enough. No successful investor will tell you that it is easy, but they will tell you that most could achieve success with hard work and perseverance. Don't give up!
***
This month will be our Crystal Ball event. This month Joe Homs will be answering all your burning real estate questions and will be reading his Crystal Ball and Tea Leaves.
Please make sure that you order some food and drinks. At the same time validate your parking ticket.

Agenda:
6:00 pm Pre-Networking (Please order some food or drink)
6:30 pm Introductions
7:00 pm Speaker Information
8:00-9:00 pm Networking

Post: CA Landlord - Proactive Rental Enforcement Program - What is it?

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

@James Mays welcome to investing in California.  I own one there as well and do pay these fees.  Not much you can do.  I do write it off.

Good investing...

Post: Build the wealth with equity.

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

@Cesar Jaramillo if you can afford it, live where you are the happiest.

Good investing...

Post: Insurance question about loss

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

@Mary Jay I was not asking you to lie but just answering your question.  "Is it a common practice to report it as a loss even though I fixed it out of my own pocket?"  The short answer is Yes.

Post: Hello- New to BP and New to Real Estate

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

@Shannon Bloomfield congrats on finding this community and getting your real estate license.  I would suggest that you find some local meet-ups in your area and start attending.  You may even be able to find a mentor who would be willing to take you under their wing.  Concentrate on finding a Real Estate brokerage that does investing as well.

Good Investing...

Post: Insurance question about loss

Joe Homs
Agent
Pro Member
Posted
  • Flipper
  • Mission Viejo, CA
  • Posts 2,126
  • Votes 1,098

@Mary Jay why did you report it if there was no loss coming out of your pocket.  Honestly, that is all the insurance company needs to report the loss and raise your insurance next year.

Good Investing...