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All Forum Posts by: Jason Lee

Jason Lee has started 2 posts and replied 3 times.

Post: Cash flow in Socal

Jason LeePosted
  • San Mateo, CA
  • Posts 3
  • Votes 2

Most people in LA dont buy for rental reasons. Most of my friends down in LA that have purchased home purchased one primary to reside in and have no plans for renting it out. You should consider flipping in LA.

Post: What did you guys do for a living when starting out?

Jason LeePosted
  • San Mateo, CA
  • Posts 3
  • Votes 2

Greetings BP!

I'm new to the real estate community and i'm looking to getting into real estate investing. From what i have concluded, real estate investing takes quite a long period of time before you start to see actual high profit returns. What did all you successful BP investors do for a living before you hit that success stage? I own a few restaurants and I can honestly say that I'm not use to seeing slow and timed cash flow every month.

Post: When exactly is the 'right time to buy'?

Jason LeePosted
  • San Mateo, CA
  • Posts 3
  • Votes 2

So i've read through the BP ebook and other books related to real estate. Most of them say that the right time to buy for an investor is when there is a lot of inventory and when the prices are low. When exactly is the 'correct time' and where could we find resources for research?