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All Forum Posts by: Josh Little

Josh Little has started 4 posts and replied 10 times.

Post: Bartlesville OK

Josh LittlePosted
  • Investor
  • Sonoma, CA
  • Posts 10
  • Votes 3

Hello! Does anyone have a contractor recommendation near Bartlesville? Working on a rehab in town. Thanks, 

Post: 1031 Exchange Ideas

Josh LittlePosted
  • Investor
  • Sonoma, CA
  • Posts 10
  • Votes 3
I am in the last few weeks of escrow on my second sale and have a significant amount of equity since I purchased during the recession in the North bay of California’s Bay Area. The challenge for me now is to find a good deal to roll this (250k) into that cash flows and will appreciate. I’m considering investing outside of the bay area since values have increased tremendously and I can’t see how it could go much higher but I’m looking for your advice on other up-and-coming markets preferably in the western US that may see significant appreciation in the coming 5 to 10 years. Thanks!

Post: Victorian downtown

Josh LittlePosted
  • Investor
  • Sonoma, CA
  • Posts 10
  • Votes 3
Martin Scherer was right on the money. Great point about the parking. I thought tenants might be interested in paying for parking in the structure nearby but it's not like SF where I used to live... I just got the home inspection report- the roof is thrashed and there is significant moisture damage throughout the house. Not going to move ahead with this one. I recently decided to pay for the local MLS access so hoping to find a better deal somewhere between Cloverdale and Petaluma. If anyone is experienced and looking to partner on a value add or ground up project in sonoma county I would be interested in discussing ideas. Thanks for the feedback guys!

Post: Victorian downtown

Josh LittlePosted
  • Investor
  • Sonoma, CA
  • Posts 10
  • Votes 3

Hoping for some feedback - in the counter offer stage of this deal.

I'm looking at a $470,000 purchase price for a beautiful home built in 1920 downtown of a growing town in the north bay area of San Francisco (1 block from library, popular wine tasting and shops). The home is in great condition, no yard maintanance, small lot, NO parking on-site which is frustrating but there is a parking garage 2 units down that charges $65 per month. I own a small property management business and think I can rent it out for $2,200 per month no problem. The roof needs to be replaced in the next 5 years. I will also be representing myself in the deal because I am a licensed broker.

I'm usually a cash-flow investor and dont like to bank on appreciation, I see this as a break even cash-flow deal for the first year or two. The reason I want to get into this deal is that a) I think rents will increase over time and b) It is a unique property as far as location and its Victorian style construction compared to the rapid urban development the area is experiencing which could lead to significant appreciation in the next 5 years. As Josh Dorkin mentioned in podcast 100, he likes to buy in the "path of growth" and this looks like a great place to buy in a growing market.

Post: New Member in San Francisco

Josh LittlePosted
  • Investor
  • Sonoma, CA
  • Posts 10
  • Votes 3
Hey Joe welcome to BP. I recently relocated from SF to Modesto for a new position. I'm am also a licensed broker looking to invest in multifamily. I haven't found an investment club in the area yet but would be interested in connecting to talk about ideas/goals.

Post: Vinyl siding has me worried...

Josh LittlePosted
  • Investor
  • Sonoma, CA
  • Posts 10
  • Votes 3
Hello, I might submit an offer on a 1940's fixer in a great neighborhood. My biggest concern with the house is the siding. I have not completed any formal inspections yet, but the siding is vinyl and I'm worried about what might be underneath. Any thoughts on what might be going on? Also, do you have any benchmarks for what it might cost to replace the siding? Thanks! altogether? The house is a two bedroom one bath 900 square-foot house

Post: Property manager in Portland?

Josh LittlePosted
  • Investor
  • Sonoma, CA
  • Posts 10
  • Votes 3
Hello, I am seeking to invest in Portland and know how important it is to have a good property manager who understands the local market. Is anyone familiar with a good management company specializing in 2-4 units?

Travis, thanks for sharing. Many of the rentals I manage are in Santa Rosa and Rohnert Park. Great article depicting the current environment. All the more reason to invest!

Post: Looking for a Wholesaling Agent in Sonoma, Ca

Josh LittlePosted
  • Investor
  • Sonoma, CA
  • Posts 10
  • Votes 3

Hi Ryan, did you end up finding what you were looking for in Sonoma? What size lot are you looking for? Best, Josh

Post: Hello from Toronto!

Josh LittlePosted
  • Investor
  • Sonoma, CA
  • Posts 10
  • Votes 3

Welcome to Bigger Pockets! @Sid Hathiramani