All Forum Posts by: Joshua Rottenbacher

@Mark Nolan Thank you for that link.  I'm also looking to expand on my knowledge and expertise.  I have some of these books already. It's one thing to know how to do something and another to actually go and do it though. While books and information help boost my confidence they unfortunately don't help me make money...unless of course I write them.  Who knows maybe I will someday..

Carlsbad is lovely place. 

@Ciprian L. Thank you for welcoming me to BiggerPockets. I'm sure we will be seeing more of each other on the forums here in BiggerPockets.

@Samantha Soto

Thank you for welcoming me to BiggerPockets. I could spend a lifetime here learning with the amount of resources and information this wonderful site has to offer. I have to say it definitely makes investing seem a little easier or at least less risky.

I know Pasadena is great neighborhood..expensive but great. 

Keep in Touch.

Hi Angelica,

You already have everything you need. You have a motivated seller and numbers to work with. I would run those numbers, check comps in the area and see what your Max Allowable Offer (MAO) is. Numbers don't lie and that will give a clear line on whether to continue or pass. I know it seems pretty obvious but I would make sure she is the actually owner of the property (Check tax records). Second when you walk through the property note any damage or potential issues with the property that you can use to lower the price. You don't have to be a Contractor to notice a crack or bad paint job, or visible damage. Third, I would come prepared. Have comps of the area showing what house sold for recently, go for the low end. Be confident in your presentation and negations. Once you get the contract signed then you can worry about doing the due diligence. Be sure your contract has a mutual cancellation clause or something to make sure if the deal goes bad or if you can't find a buyer you can walk away. I'm not a Lawyer so I would seek out a Real Estate Attorney in your area. I hope this information helps.

Full disclosure I am a new Real Estate Investor myself.  These are the tips and suggestions I got from professional Real Estate Investors. 

Best of luck to you on your deal Angelica!

Sincerely,

Joshua Rottenbacher

Hello,

I guess you can consider me a new Investor. I'm currently residing in Los Angeles County but I don't want anyone to think I'm limiting my Real Estate Investing there.  I am committed full time to Investing both in time and resources.  

I am currently seeking qualified people to build my Real Estate Investing Team. My background is in Aerospace Engineering and I will eventually be going into the Air Force as a Space Operations Officer.  Right now getting my Real Estate business up an running is critical to my future financial security and independence.  

I'm not sure on the policy here is on posting your contact information so I will simply say just reply in post or send me an email.

By the way I do plan on becoming a member here at BiggerPockets. I know they have good first time membership deals. Would love to hear more about those.

Thank you for time and interest.

Sincerely,

Joshua