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All Forum Posts by: Joshua Greenberg

Joshua Greenberg has started 6 posts and replied 37 times.

Post: Debt or Equity for Seed Capital

Joshua GreenbergPosted
  • San Francisco, CA
  • Posts 41
  • Votes 20

Thanks a lot Jeff for the enlightenment on this particular subject. Very helpful indeed.

Post: They all say 12 months season for a cash out refi??

Joshua GreenbergPosted
  • San Francisco, CA
  • Posts 41
  • Votes 20

12 months season for a cash out refi?? Sounds great. Can someone elaborate??

Anything that is archived belongs in a museum.

Post: Where to start for a 21 year old interested in REI?

Joshua GreenbergPosted
  • San Francisco, CA
  • Posts 41
  • Votes 20

Read. So many great books that are a must for beginning investors. Rich dad, poor dad is a famous one. 

Post: What's Your Favorite Side Gig?

Joshua GreenbergPosted
  • San Francisco, CA
  • Posts 41
  • Votes 20

I enjoy doing small handicraft type items and selling them at farmers markets on Weekends. Doesn't make a ton of money, but it's therapeutic and enriching

Post: New flooring for rental unit

Joshua GreenbergPosted
  • San Francisco, CA
  • Posts 41
  • Votes 20

I love the vinyl flooring. Converted all my tile units to vinyl.

Post: My Very First Flip Just Went Live on MLS

Joshua GreenbergPosted
  • San Francisco, CA
  • Posts 41
  • Votes 20

Great Job! I particularly like the format you have presented your before and afters in. Fantastic improvement, I would love to see your next flip!

@Roy N. Hi Roy, I sometimes have a careless sense of humour, and I apologize if I have offended you. Socialism is still a major force in Canadian politics today, and that is well documented. 

If you are scanning through all of my past participation on biggerpockets, then it is clear that all my posts are not a "keyword stuffing echo-chamber", I enjoy reusing terms, is that a crime? I see that you are already going through and changing my posts, that's fair, you are the boss here. I would appreciate being notified first however.

If I have offended anyone else in this thread, then I will apologize to them as well. 

Post: Lending capital to a friend, contractual obligations

Joshua GreenbergPosted
  • San Francisco, CA
  • Posts 41
  • Votes 20

A friend of mine would like to borrow 90k to do a full reno on a project he has just purchased using another 90k he was able to acquire through a conventional mortgage. We have been friends for many years and I am concerned that my personal bias may interfere with the negotiation process. What are some standard protections that I should concern myself with including in the contract? Are there any tips that may help in facilitating the deal between two friends?

Post: Reducing capital requirements - reduce construction expenses

Joshua GreenbergPosted
  • San Francisco, CA
  • Posts 41
  • Votes 20

I don't build enough units to factor in any kind of assembly line structure. I think you would need a lot of demand, otherwise you may find yourself in the hole very quickly stuck with 3 or 4 unsold houses and an assembly prepped to make more.  Do your location homework first by any means!