All Forum Posts by: Joshua Jackson

Hi BP Community,

I currently rent in the Santa Monica area so that I can be close to work. My goal is to buy a condo in this area using the subject to method. Since this method relies on keeping the existing mortgage in the sellers name, would I only benefit from appreciation when the property is sold or refinanced? If so, does that mean that this method relies mostly on cash flow?

Best regards,

Joshua Jackson

The advise and words of encouragement alone have made joining this community an amazing experience!

I have been been doing research on out of state wholesaling (other forum posts). So far, this is what I’ve gathered:

1. It may not be the best thing to do for beginners (thought?). 

2. Also that you should have a strong buyers list 

3. You need to have a system for determining good deals

4. Direct mail marketing to distressed owners is effective 

5. Submit a lot of offers that meet your requirements for a good deal

If anyone has any additional notes, tips, or words of advise, I would love to hear them.

@Will Barnard & @Account Closed

I appreciate this discussion. Although it would be great for me to invest locally in Southern California, I’ve also been considering markets in Fort Worth and Houston Texas. Hopefully after getting my license, networking, and starting to generate leads, I will find some great deals!

@James Wise Thank you! It’s great to be here. 

Thank you for the welcome and advise @Account Closed!

Can you expand on your thoughts of the California real estate market?

Do you think the market is headed for a downturn soon and that homes are going to depreciate in value or do you recommend looking out of state for other reasons?

Hey Bigger Pockets Community!

My name is Josh. I recently graduated from UC Berkeley with my degree in business and I am currently working as an Administrative Assistant for a construction company. I’ve been interested in real estate investing for a long time and I am currently studying to get my real estate license. The information that I have gotten here has been amazing! My goal is to keep learning, network, and make my first investment into a duplex or triplex in the Los Angeles area within the next 6 months.

I’m looking forward to connecting with some of you!