All Forum Posts by: Jordan Sunshine

Nooo don't do it, horrible time. Wait 2-3 months until I send out all of my letters xD!!! But honestly just be ready for those people who think their properties are worth a billion dollars for their 1 bedroom behind their house. I'd suggest using a funnel system of some sort. Either a person who has a questions sheet in front of them to ask basic questions to gather information or a voicemail setup on a trash phone number with what information they should leave you so you can contact them back later.

Also be ready for the extremely angry people who have been sent hundreds of letters from the 10,000 people who signed up for "mentorship classes" from those out of state businesses selling real estate education. Also if you find a property that you cant do or doesn't fit your numbers try to run it by me and if I feel it's worth it I might buy it from you ;)

Good luck and let me know how it goes!

Jordan Sunshine

congrats but i have one question, you say you are aiming for 100 units in 10 years, for one thats 10 units a year or nearly 1 unit a month, thats a lot of deals to grab in your local area. Hopefully the market can fullfil that request.

As for the question. How are you going to manage all 100 properties? Even if you have 10 property managers managing 10 properties whos managing the 10 property managers? Also whats your plan on getting the capital to be able to do nearly 1 deal a month?

Sorry, the 1 question turned into 3 :p but i would like to hear how you plan on accomplishing all thoes questions.

@Trevor Yasunaga Welcome to BP and yes there is a lot to learn but focus on one topic at a time and learn everything you can about that topic. Now what topics to start with? Well that's a hard one. It really depends on your current situation and what your end goals are. Now you get yourself into another pickle. How do you know what your end goals are and if you really want them or not? Some people think they want to be financially free and go try to get 20 houses, now guess what, you need to manage all 20 houses, "i'll get a property manager" they say. Right but now you spent all your profits and are not financially free anymore ;) There are many more scenarios like that.

There are also a lot of ways to make it but first you need to figure out what works for you. Considering you are in college you have a HUGE opportunity that most people don't have, also if you are in the military you have just as big of an opportunity but in a completely different way.

If you are interested we can sit down and talk and I can try to help you find some ways that might work for you. I'm free all day today and before 5pm tomorrow minus one meeting with another person in the morning (unless you'd like to join them and we can all talk at once) Feel free to reach out to me with the information in my signature. Calls or texts usually work best.

Looking forward to meeting with you! Hopefully I can help you get started one way or another.

Jordan Sunshine

Howard,

That is actually the topic of discussion for this weekends event (see signature) but ill spill some of the beans for you.

If you were straightforward with your agent and they knew you were going into a deal blind they shouldnt be upset at all. They knew dang well they were going to have to do work for nothing and a lot of agents know thats ultimately their job and it happens every day. BUT if you are working with just any ol realtor then they sometimes dont know better, thats why my realtors are also investors! ;D

The consequences for falling out of escrow would be you lose your earnest money and whoever you put the offer in with you will not like you so much for having to back out. (Hopefully its not a bank) one fall out of escrow is ok, lose 1k or whatever you wrote in there. But doing it 2-10 times in a row then shame on you. Give me the money instead!

Now if youve covered all of your bases and you put and or assigns after your name then you can wholesale the deal to someone (maybe me or some people i know) and now youve earned money from a deal you would have never been able to do in the first place :p

Also if you have offers locked on properties that are just too good to be true and you wont lose money no matter what, then think about hard money lenders and begging friends, family, colleagues, your local REI meetings ;) etc. for money. Some of them will double check your numbers and lend to you at x% just because they might only have 20-40k to invest right now and cant find a deal (we help people in those situations as best we can) you would need to get probably 3-4 of thoes people to get your full funding but hey, if it works it works.

As for the chicken and the egg problem, i dont really see it as one. In my opinion just do both at the same time! (I call it the big bang theory xD) just find deals and find strategies to get your money and slowly tweak your strategy until it fits you. Youll learn more by doing both at the same time then you will doing one at a time and you might get lucky and line up your financing right as you go into escrow or vice versa and if all else fails you have the exit strategies i just told you.

Now if you dont know how to find deals or find funding etc then thats a whole nother story that i cant post here because i would be promoting myself and my post would get removed ;) but you get the hint LOL.

If you have any questions feel free to message me or use any of the contacts in my signature to reach out and lets talk :)

Mr. Sunshine

Vince,

Let me know if you are interested in working with an investor realtor on oahu, I have a very good friend who i highly recommend as a realtor. We are actually working together right now to pick out our next deal and he's extremely organized, easy to work with and quick to respond. We are also building a lot of strong relationships and gathering tons of information as well as creating a local system for any investors who are interested in learning more. Also if you wanted to do joint ventures or possibly tackle a larger flip we would love to sit down and talk with you sometime.

Hope to hear from you!

Mr. Sunshine

Howard,

Seems like my last post got removed so ill make it short and sweet. For one, welcome to the pros circle ^^ Also I'd be interested in sitting down and talking with you sometime before the 12th if you are available for either coffee or lunch or even just a breif chat on the phone. I'd love to pick your brain about your business and hopefully you would be interested in what i have to offer as well. Please feel free to either send me a message or grab my info from my profile if you are interested in talking a bit more.

Looking forward to hearing from you!

Mr. Sunshine

Just an FYI, when you type in key words like Hawaii or Alaska you are sending emails to everyone with those key words so in essence you are advertising to the people you actually DONT want to look at your post. lol. (At the very least use HI because no one sets up notifications for HI xD)

If you really want to up your marketing you should post the 48 states and the major Canadian cities that you DO give loans too, you'll end up getting the right people you want to market to and essentially get you more business.

Good Luck.

Aloha All,

This week we will be briefly going over an update on our current deal we have an offer in for (on Oahu) as well as talking about finding deals, running the numbers, calculating profit, finding hard money lenders, finding ways to use as little money out of pocket as possible (Leverage) and how to find contractors. Along with any specific questions or topics anyone would like to talk about. (Related to Real Estate of course)

If you are interested in joining our group feel free to send a request to www.facebook.com/groups/OahuREandB (Please keep the group local, only people from Hawaii who invest anywhere or people who Invest in Hawaii's market)

The location and other additional helpful information is located on our Facebook group page or if you don't have a Facebook feel free to message me for the details!

Looking forward to seeing you there!

Mr. Sunshine and Team! :)

best schools are private schools imo but you can always get a district exemption.

To get into hckm air force base best side is from the east. Traffic is always a B to get into base in the morning though but west side traffic is a lot worse coming in. Like 3X longer.

Salt lake is a good neighborhood, really close to hckm, kalihi is below average but still ok for military, anywhere east before getting to kahala is good as well minus waikiki because prices are outrageous.

Duplexes are near impossible to find here and 4 beds are anywhere from 500-900k

If youre looking to get a 4bedroom that just needs minor fixes youre looking at an average of 700k, thats about a 4.5k mortgage on the high end. Add on electric, water, etc youre looking at 5.3k ballparkish.

Hey awesome! they fixed the locations search on events but still didn't add a delete button for an event already created LOL! Anyways. This event and the other on the 19th at 3pm are one and the same, just due to the search function not working earlier this week I couldn't tell if I had already created an event or not so to be better safe than sorry I made another.

Now for all of you who are skeptical about coming to an event or think you've been to all of these events before I highly encourage you to come to ours! We NEVER host the same event twice and NEVER try to sell you anything. We are a group of people who meet together to share knowledge, leads, and information with each other as well as help others find passion in Real Estate in any means they feel comfortable with. Some Real Estate Agents, hard money lenders, flippers, buy and holders, and more!

So please don't throw our group into the fire with all of the rest of them that do the same thing every event or who try to sell you stuff. We are nothing like them! Check us out a couple times and see for yourself!