All Forum Posts by: Josh Gosnell

Hi Everyone,

I've done a few single family projects and had no problem with financing.  I recently came across an opportunity to buy 6 plots of land where i would build homes. The financing for the build i have covered by i only have 200 of the 800k needed for the land. 

Wondering if any developers/investors out there have some helpful insight on creative ways to raise the cash to buy the land.

Thanks!

@Erin Estes Thank you for the insight!

Thanks Caleb! Great insight. Do you usually buy turn key or are you renovating? 

Hi Everyone, I own a couple of rental properties in Baltimore but we would really like to expand into the Arizona market.  Specifically, Phoenix, Mesa, Scottsdale Areas (Open To Options).

My current properties utilize the BRRRR method and have seen a lot of success. So I would like to know if anyone has had a lot of success in certain cities and what the best neighborhoods in those cities for investment. Both from a Turnkey buy and hold investment property and BRRRR opportunities. Since I am not from the AZ area the turnkey may be a better solution for me unless you guys know of any amazing GC's in the area.

Would love to connect with anyone specializing in those markets especially scottsdale.  Other Investors willing to lend some knowledge, Agents Familiar with rental property investments in these areas., Architects, GC's, Go To Maintenance folks Ect.

Thank You in Advanced for any helpful advice. 

I've long been told to avoid real estate investing in California all all together. I'm wondering if anyone has been successful with a buy and hold strategy or any other long term investing strategies in San Diego and if so what strategy do you use and what parts of town?

I was thinking of a House Hack but I worry that I wont be able to find a place in an area that I would want to be and I also worry about the price to rent ratio.  I don't know if i will be in San Diego long term so would to house hack but also want to be sure that if i do have to move i can still cash flow or even just break even on the property by leasing it out. 

Any Advice is greatly appreciated.

I am looking for a CPA that has experience with 1099 Workers/business owners and Real Estate Investors in Rental Properties and AirBnb's. Preferably one has invest in real estate themself and owns rental properties personally.  I need help tax planning, knowing the right moves to make and where I can minimize my realized income. Would love if anyone has recommendations for Trusted Tax Advisors with this specific skill set.

I live in Southern California and I am looking at other markets to invest in.  I was wondering if anyone has every used sites like https://investor.homeunion.com/ to evaluate investments in different markets and get started

Also, if anyone has any advice on investing remotely it would be greatly appreciated.

Hi Everyone,

I am a 1099 employee (Just finished my first year as a 1099). My original plan was to house hack a multi-family unit with an FHA here in san diego but cannot get conventional funding or FHA loan without a 2 year 1099 history. But i dont know if i will have enough cash on hand to pay 20-25% down on such expensive properties here. Even if I wait I worry that because of business expenses i write off on my taxes (very different from my actual income) will affect me being able to get approved for enough money due to high cost here.

Wondering if I should just wait it out till the 2 yr mark and take my chances or if you guys had any advice on other options/strategies to get started buying property sooner.  Also, wondering if banks take into consideration I would be renting out other units when lending?

 Michael,

Thanks so much for your insight!

Dan,

Thank you so much for your insight!