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All Forum Posts by: Justin DeSantis

Justin DeSantis has started 1 posts and replied 6 times.

Post: Any investors in santa clarita or so cal area do meet ups????

Justin DeSantisPosted
  • Specialist
  • Santa Clarita, CA
  • Posts 6
  • Votes 3

I'm also investing in SCV. I wish there were a meet up out here. Maybe we should start 1?

Post: Cozy.co reviews

Justin DeSantisPosted
  • Specialist
  • Santa Clarita, CA
  • Posts 6
  • Votes 3

@Gino Zahnd when can we look forward to an app for our phones and other devices? Great job on this product btw you knocked it out of the park.

Post: Chatsworth, Ca Cash Flow Rental residential

Justin DeSantisPosted
  • Specialist
  • Santa Clarita, CA
  • Posts 6
  • Votes 3

@David Fitch it's a property that a friend of mine is selling. I was trying to see if it was worth the time and effort of finding funding or wholesaling it. After my analysis I'm finding I would need a better price to really do anything with it. Even with the owner willing to go down to 650. I'm passing on it. Thanks for the insight i appreciate your help.

Post: Chatsworth, Ca Cash Flow Rental residential

Justin DeSantisPosted
  • Specialist
  • Santa Clarita, CA
  • Posts 6
  • Votes 3

@Jason Franklin the house is not on the market. I'm working on getting photos for ya. Thanks

Post: Chatsworth, Ca Cash Flow Rental residential

Justin DeSantisPosted
  • Specialist
  • Santa Clarita, CA
  • Posts 6
  • Votes 3

I have a Seller in Chatsworth, Ca that wants to sell for $700,000. I know typically we go by the 2% rule for cash flow but Southern California can't use this rule right? $14k monthly seems a little obnoxious even in So Cal. Does anyone have any insight into how much I can pay for this deal and still cash flow.

Ps. I have heard of people charging about 1k per room here in So Cal....

Any help would be much appreciated.

Post: Out of state investors who flip in Los Angeles area

Justin DeSantisPosted
  • Specialist
  • Santa Clarita, CA
  • Posts 6
  • Votes 3
@Jorge Ruiz I am a construction foreman in the film industry by day and a real estate investor by night. I am looking to offer such a service. I have sub contractors in my network that could handle any level of work needed. I have capital to go in on deals as a partner depending on the size needed, but I'm ready to have skin in the game. I am the owner at Trusted Holdings LLC and also have my real estate license which is hung with Pinnacle Estate Properties. I have been looking for a way to pivot from full time studio work to full time real estate work. I purchased my first house in March 2018 and have been slowly rehabbing it myself. I understand the processes involved in construction and real estate and would love to link with people who need these types of services.