All Forum Posts by: Jon Q.

@Jon Q. I, too, entered real estate investing after leaving an abusive relationship as a means to fund my retirement account that at age 43 was virtually nonexistent.

In my area there are very few female real estate investors, although there were a few Trail Blazers years ago. The only other women investing in real estate are also employed in real estate careers, and many have been choosing to liquidate their portfolios currently while the market is very high.

I originally started investing 26 years ago but quit because I had a couple of setbacks which I now realize was a huge mistake. I’ve been back in the market for just about 4 years now and am working to expand and reach my goal of financial independence.

Awesome! Good for you

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Quote from @Henry T.:

If you can find a spouse with common real estate goals, you will have an unstoppable force that can rule the world!

Why does a women have to invest with a man? That’s my point. It’s weird. Parents should teach their female children money management starting from a young age just like they do with boys.

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Quote from @Wayne Brooks:

@Jon Q. If you simply have a broker license but is not active anywhere, you’ll likely have to activate it….either by joining a brokerage or starting your own( an undertaking I would Never do).

Not the case. You do not have to create a brokerage to obtain a Supra key. You just need to join the realtors association.

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Oakland, California

I’m a registered real estate broker, however I’ve never worked as a broker brokering transactions.

I would like to obtain a Supra key to access East Bay properties. What’s the easiest and cheapest way to do this?

Thanks.

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Oakland, California

There is MUCH greater need for single family housing, but Supply continues to drop…

Source: REI Ink

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Quote from @Thomas Balielan:

Quote from @Jon Q.:

Quote from @John Clark:

I would concentrate on proving that he asked you to change the contract because it said “no pets.” As others have said, and as he said after the cancellation, service dogs aren’t pets. So why then, did he want to change the contract? Either the service dog wasn’t a service dog OR it was being used as “cover” to bring in additional beasts that were pets.

Yes John. But the problem is that the more he does at this point, the more can be used against him… if this goes to court.

it is legally best that he severs all contact with that person. And if, in the future, he needs legal representation, seek it.

Thank you for your advice, sir. I searched online for an attorney to represent the landlord in a fair housing lawsuit. But there are not that many. Many of them are eviction lawyers.

If you need one, seek a lawyer that has expertise in real estate. If you find one, it’s likely they have experience representing landlords, but confirm it.

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Riverside, California

Quote from @John Clark:

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Riverside, California

No, it’s just that your “reality” is not welcome. I’ve worked with many property management “professionals” like you over the last 25 years (fyi: longer than you’ve been in real estate) and the vast majority cannot and should not be trusted. The majority, especially those managing single family, extract money from owners by overcharging for maintenance and don’t care about finding high quality tenants for investors. They care more about their own commission than being of service. I’ve found this to be the case nationally in all markets that i operate in, that’s 8 cities across 5 states.

I’ve seen your kind before, and as I’ll do now, I ignore them.. They’re leeches, not worth my time or energy.

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Riverside, California

Quote from @Hunter Reed:

Quote from @Jon Q.:

Quote from @Hunter Reed:

Quote from @Jon Q.:

Quote from @Hunter Reed:

Thomas, if you have 10k-20k in cash reserves then $150 cashflow is fine. If you have little to no cash reserves then the investment becomes significantly more risky. As you hold the property the property will appreciate overtime. If you can add value through a rehab this will increase cash flow. Over the years rents have typically increased by 1%-5% each year. Again, if you have solid reserves then you should defiantly pursue this investment.

“The property will appreciate over time”. DO NOT ASSUME THAT, especially in Pennsylvania that have markets that are not fast growing pop or job growth.

😆 Do you understand market cycles and where we are now in the market cycle?

Actually, I do understand the market cycle we are currently facing. The housing market is in a correction phase. Holding the property 5-10 years the property will defiantly appreciate in value. As the dollar continues to be inflated prices are bound to go up. Is that true for this year and maybe the next 2 years, no it is not. I would never buy in an area unless I had solid calculations that the property would appreciate in the coming years.

FYI: Your “experience” on your profile… reads “0 years”.

Thank you Jon for your insight! Ironically enough after I sympathized with Thomas Corso, I was reading multi-family millionaire by Brandon Turner, he hit on a key point about appreciation. You can not rely on appreciation if you are barely cash flowing a property. Focus more on stronger cash flow and less upon appreciation. Jon your interpretation is absolutely correct. You're right, Im wrong, and I apologize for questioning your intelligence. Have a great day!

I care less about being right than providing actual useful information here. Sometimes, I can be overly blunt. I mean no disrespect. I wish you the best. 🙏🏽

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All Forum Posts by: Jon Q.

Jon Q. has started 101 posts and replied 1434 times.

Post: Calling all female real estate investors. Are there any?

Post: Calling all female real estate investors. Are there any?

Post: Calling all female real estate investors. Are there any?

Post: Obtaining Supra Key + Access to MLS

Post: Obtaining Supra Key + Access to MLS

Post: Supply + Demand of SFR

Post: Disabled rental applicant sues landlord for discrimination

Post: Disabled rental applicant sues landlord for discrimination

Post: Disabled rental applicant sues landlord for discrimination

Post: Duplex with small cash flow advice