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All Forum Posts by: Jonathan Jaime Velarde

Jonathan Jaime Velarde has started 20 posts and replied 125 times.

Post: Buying Home W/ No Employment

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48

I'm in a similar boat. Try using someone that can provide proof of income and you can give them a piece of the pie until you refinance or have your own income that will suffice. Maybe a well off parent, sibling, or friend. Just treat it like a business so that feelings don't get hurt. 

If you go to a bunch of banks and it isn't working out the best bet would be to keep educating yourself and socking away thousands every year from the GI Bill. Also, try to live at home if possible to save on rent or partner up with someone to limit out of pocket expenses every month. Best of luck and congratz on the EAS. 

Post: First Investment Property

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48

Nice to see military personnel on BP :D 

I just EAS'd and attending school full-time in so-cal. Congratz on the investment sir and best of luck with everything!!

Post: Purchasing a Lot with Intent to build a duplex in Ventura, CA

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48
Possibly purchasing a lot 3600 sq/ft. Any weird rules/regs regarding new construction of homes near the coast in Ventura CA? Seller will carry the note so ideally I buy it, build duplex, refinance after a year or two, pay the seller off, and then have a beach house that can rent for under $500,000 in SoCal.

Post: Has anyone purchased in PALM DESERT?

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48

Looking in this area for a single family home or multi-unit to rent. Anyone have any comments/concerns about this city? Besides that it is too hot :)

Post: Los Angeles Multi-family Lease Rules???

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48

I am curious to hear some of your stories on tenants in Los Angeles County when it comes to their lease expiring and whether or not they can stay even if you do not want them to??

For example: I have a tenant and their lease is up on April 1st. Even if they want to renew am I allowed to say no and have them move out?

I am looking to purchase a multi-unit within the next six months so I would like to shed some light on this topic before I get into something that might not be ideal for my situation. 

Post: Roofstock Any Good Guys?

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48
Has anyone bought on roofstock yet? If yes, how did the process go. Looking for some reviews. Thx!

Post: If you were in my shoes what route would you do?

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48

House Hack!!!! I would love to do that where I'm at in Ventura County, but finding a multifamily in a decent area is hard to find. I'm living at home for free while I go to school using my GI Bill. 

Semper Fi

Post: Out of Marine Corps and back to Thousand Oaks, CA!

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48

Just getting out of the Marine Corps and moving back to Newbury Park. Looking forward to networking and talking real estate with my fellow BP members. If anyone knows of a meet up please let me know. I will be helping my father run his valet parking company and looking to buy and hold properties. 

Post: Out of Marine Corps moving back to Thousand Oaks

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48
Just getting out of the Marine Corps and moving back to Newbury Park/Thousand Oaks. Looking to network and talk real estate with motivators.

Post: Out of Marine Corps and back to Ventura County

Jonathan Jaime VelardePosted
  • Rental Property Investor
  • Thousand Oaks, CA
  • Posts 147
  • Votes 48
Just getting out of the Marine Corps and moving back to Newbury Park/Thousand Oaks. Looking to network and talk real estate with motivators.