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All Forum Posts by: Kenneth Hong

Kenneth Hong has started 12 posts and replied 17 times.

Post: Expanding my Jacksonville network

Kenneth HongPosted
  • Investor
  • Davis, Ca
  • Posts 19
  • Votes 12
Hello Everyone! I would like to start a network of real estate professional focusing on the Jacksonville market. Whether investors, or RE agents, contractors, etc. I am a real estate investor that has RE investments in CA And FL. I am looking to expand my RE portfolio here in Jacksonville, FL. Best, Kenneth

Post: Morris Investment in Indy and Jacksonville

Kenneth HongPosted
  • Investor
  • Davis, Ca
  • Posts 19
  • Votes 12
@Mike D'Arrigo Like myself, I bought two of these properties but have salvaged what I can and is now renting out and cash positive. I have become more hands on and wanted to create and share each others network so we can move forward together.

Post: Morris Investment in Indy and Jacksonville

Kenneth HongPosted
  • Investor
  • Davis, Ca
  • Posts 19
  • Votes 12
Hello All, Does anyone have properties they have bought through Morris Invest in Indianapolis or Jacksonville? I am interested helping out individuals that still have properties bought through them. Please reach out to me so I can learn more about yoyr specific situation. Best, Kenneth

Post: Indianapolis real estate professionals

Kenneth HongPosted
  • Investor
  • Davis, Ca
  • Posts 19
  • Votes 12
I am currently looking for real estate agents, contractors and property management in the Indianapolis area. Anyone have any contacts or are themselves real estate professionals in this area? -K
Hello everyone, I am looking for a contractor in Jacksonville, FL area to do some light rehab on a rental. Does anyone have any recommendations? -Kenneth

Post: Looking for Jacksonville, FL contractors

Kenneth HongPosted
  • Investor
  • Davis, Ca
  • Posts 19
  • Votes 12
Hello everyone, I am looking for a contractor in Jacksonville, FL area to do some light rehab. Does anyone have any recommendations? -Kenneth

Post: 1.9% HELOC really exist?

Kenneth HongPosted
  • Investor
  • Davis, Ca
  • Posts 19
  • Votes 12
Hello everyone, I recently was listening to the Clayton Morris podcast and he mentioned that he was able to get a HELOC at 1.9% for one year. I live in California and I have never seen this rate. My credit score is excellent (750+) so if anyone that lives in California finds this kind of rate, please let me know! Or does that rate only exist outside of CA? Kenneth

Post: Cheaper to buy than rent in Midwest?

Kenneth HongPosted
  • Investor
  • Davis, Ca
  • Posts 19
  • Votes 12
Thanks for this! I will take this into consideration when purchasing investment homes outside of California.

Post: Cheaper to buy than rent in Midwest?

Kenneth HongPosted
  • Investor
  • Davis, Ca
  • Posts 19
  • Votes 12
Hello Everyone, I am wondering why anyone planning to live in the Midwest would ever rent rather than just purchasing. I noticed that some of the more affordable houses there have mortgages ranging from $150-$400 (Indianapolis specifically in this case) but tenants would be renting for $600/month or more! It is significantly cheaper to purchase even when including property tax and other expenses, why would anyone rent? Best, Kenneth
Hello Everyone, I am thinking of purchasing a rental home in the $30,000- $50,000 range and would like to use a credit card to do it! I have enough cash but I think it would be nice to use some leverage to purchase several rental properties. I am also thinking I can get some credit card points as an added side bonus. There are some CC deals out there that offer 0% for one year, perhaps I can use that for a year before converting to a traditional mortgage. Thoughts? Best, Kenneth