All Forum Posts by: Joe Homs

@Alan Lubinsky welcome.  If you are in the OC area this month you should check out this meetup group.

https://www.biggerpockets.com/forums/521/topics/1241780-how-...

Good Investing...

@Valerie Peabody come join us this month and network with investors from all over doing everything Real Estate Related.

https://www.biggerpockets.com/forums/521/topics/1241780-how-...

Good Investing...

I'm interested.  Reach out with information.

(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!!
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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!
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Rafael Pozas is a second-generation builder and accomplished ADU developer based in Southern California, with a proven track record spanning over 250,000 square feet of completed residential projects. With deep roots in construction and a forward-thinking approach to urban housing solutions, Rafael specializes in maximizing property value through strategic ADU development.
In addition to his field expertise, Rafael holds a Master’s Degree in International Business and serves as a Real Estate professor, where he bridges academic insight with real-world application. His dual background in global business and hands-on construction uniquely positions him to guide investors, homeowners, and municipalities toward smarter, scalable housing strategies

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

@Mike Nguyen I don't know if that ever makes any cents.  I guess we would need way more information on type of loan, what type of property it's on, what is the interest rate you are paying down, and what is the interest rate of the new loan.  

If it's an investment property, just let the tenants pay the mortgage down for you and use that money to buy more.

Good investing...

@Jennifer Krivanek I have been using Cindi Phone: (714) 593-1914 on my flips for over ten years.

Good Investing...

 Reach out, I'm ready to look at what you have to sell.

@Robert Ellis I've been investing and currently invest with my 401K for the last 10 years.  However make sure it a TRUE self-directed account that you have total control over.  Reach out to @Dmitriy Fomichenko to set one up.

1. What types of deals have you used an SDIRA for? Single-family, multi-family, or commercial?  Mine have all been Single-Family flips.
2. What’s been your biggest challenge when it comes to using an SDIRA for investing?  None, after I found the True self-directed account.
3. Have you worked with any custodians that you’d recommend, or any that were a pain to deal with?  Yes, they are all a pain, and I would never work with them again.
4. How do you handle things like tax benefits or using SDIRA funds to scale your portfolio?  The greatest tax benefit that you have is that you don't pay taxes on any profits that you make until you retire or start drawing funds.  You can't write anything off in this type of investment.  The goal here is to have enough money saved up for when you do retire and not rely on Social Insecurity.
5. Good Investing...

@Steve Brown there are many non-traditional finance options out there. Seller financing, Subject to, Assumption of VA & FHA loans, you just need to look around and target one of these.

Good Investing...