All Forum Posts by: Joe Homs

@Paul 

@Paul Hurtubise especially family, it's not a law and you can do it yourself, but yes record a second deed of trust if you want money from them.

Good Investing...

@Carson Vanderhoff I don't know where you live or are going to school, but you are only limited by what your mind is telling you.

Speaking like your dad would, finish college, get a 9-5 job to start and focus on what kind of real estate you want to do.  You can have a job and a real estate career as well.  Your job, once you start real estate, is to replace your 9-5 job as soon as possible if that makes you happy.

Money should not be an issue, if you know what you are doing.  Find a property that the seller is willing to finance for you, take a mortgage over subject to, find some investors willing to put the money up on a great deal.

I am confidant that you will figure it out.  Your dad is there to help with lots of knowledge, just ask him.  If not reach out.

Good Investing... 

@Marcus Peterson try a 100% commission office.

Good Investing...

@Samantha Derman welcome to BP.  Lots to learn here.  Try checking out some local meetup groups in your area.

OC Real Estate Investor Networking - Propstream Demonstration (biggerpockets.com)

Good Investing...

@Kristin Moore how long is the stay.  I wanted to go a day early and leave a day later?

(No cost) 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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@Windu C. this is an easy ask.  Rents are determined by condition and location.  Those in good condition are easily rented.  I have a local property manager for you that all my clients use.

Good investments...

@Andrew Sol evictions in California are very tricky.  I use Silverstein Eviction Law and have so for over 20 years.  He is the man and it's not that expensive.  Just finished up another case with him last week.

Good Investing...

@Adine Mateo my vote would be to sell it and free up your VA eligibility to use somewhere else. Your potential profit from renting is non-existent. I don't see the market going up in the next few years, so little to no equity. Hopefully, you can sell and break even, move on with your life and find something else later.

Good Investing...

@Tiffany McKinney don't let them control your money.  Go with a self-directed account.  Reach out to @Dmitriy Fomichenko who is the expert in this field.  I have been using and recommending his services for over 10 years.

Good Investing...