All Forum Posts by: Justin Williams

I’m new to real estate and looking for work in property management. What is the best way for someone with no property management experience to break into the field.

What are the steps one needs to take in order to get pre approved for a mortgage? What red flags should one try to avoid in this process?

New to real estate investing and looking for meet ups in Torrance/ South Bay, California? Any information about this would be of great appreciation.

Is it a good idea to use hard money for a first time investor? Or should get some deals under my belt before pursuing hard money lenders?

What are the most important parts of a house to focus on in order to improve the ARV? Also how should one go about calculating ARV?

@Dick Rosen

Hey thanks for the advice, any tips for finding the right PM and realtor. I know I call 20-30 realtors and PM’s a day, but are there any red flags to look out for when finding and building a good team.

I’m interested in long distance rentals, what is the best way or ways to research other markets and is it a good idea to have your first rental property be long distance?

The markets that interest me are places like Phoenix AZ, Columbus OH, Dallas TX. For the most part I’m looking for single family rentals usually in the two to three bedroom range with one to two bath. I was also thinking about a rent by the room model. I know the core 4(realtor, contractor, property manager, lender) is a big part of David Greene’s strategy for long distance, but If anyone has any advice for a beginner it would be much appreciated.

@Andrew Postell

What if I currently work in one location and i buy a property in a location that is an hour and a half away. Would it still be mortgage fraud if I stayed with family during the week and went home to my property on weekend? How much of the time would one need to occupy the home?

@Matt Bonestroo

I was thinking about mobile home parks, I’m just starting out and trying to find ways to enter the real estate market in my area. Mobile homes that range from 50,000 to 100,000 with 3-4 bedrooms and 2 bath are my targets but do thinks it’s worth it if I had to finance?

I’m considering buying a mobile home and living there while i rent out the other rooms. Their a much cheaper option for my area( Southern California), are there any red flags I should look out for when house hacking mobile homes?