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All Forum Posts by: Kevin Thomas

Kevin Thomas has started 6 posts and replied 18 times.

Post: Out-of-state Memphis investors - boots on ground

Kevin ThomasPosted
  • Rental Property Investor
  • Costa Mesa, CA
  • Posts 19
  • Votes 4

@Pamela Starnes  How did it go?  I flew out there a couple weeks ago looking for well located duplexes.  I was impressed to see the downtown area transitioning nicely.  Would love to compare notes.

Post: Money's not a motivator for me, need help with mindset

Kevin ThomasPosted
  • Rental Property Investor
  • Costa Mesa, CA
  • Posts 19
  • Votes 4

Think of the legacy that you could leave by creating a prosperous real estate company.  All that money generated from your investments could be donated to a worthwhile cause further perpetuating a lasting legacy.  The more successful your business becomes the more your efforts could be shifted to find other ways to give.  Great people give back.

Post: Closed 3 Houses Today!!! $$$$$

Kevin ThomasPosted
  • Rental Property Investor
  • Costa Mesa, CA
  • Posts 19
  • Votes 4

Well done and congratulations!  I love that you are quick on your feet and able to solve problems quickly.  I once heard that you will never go broke selling at a profit.  A quick $5k with little risk is a home run in my book.  

Post: New Member from OC, California! - Anyone Finding Any Deals?

Kevin ThomasPosted
  • Rental Property Investor
  • Costa Mesa, CA
  • Posts 19
  • Votes 4

Good insight, thanks David.

Post: New Member from OC, California! - Anyone Finding Any Deals?

Kevin ThomasPosted
  • Rental Property Investor
  • Costa Mesa, CA
  • Posts 19
  • Votes 4

Thank you!

Post: New Member from OC, California! - Anyone Finding Any Deals?

Kevin ThomasPosted
  • Rental Property Investor
  • Costa Mesa, CA
  • Posts 19
  • Votes 4

Hello!  I have been lurking for some time now and wanted to say just how much I appreciate this forum.  I have been a commercial real estate agent since 1999 in Newport Beach, CA and have handled over 1,000 transactions from selling a college campus to leasing small industrial units.  

For my own account, I would love to buy more multi tenant industrial buildings and am interested in residential duplexes, triplexes and SFRs, mainly for long term hold.  I have underwritten about 30 properties since joining and have decided to hold a bit longer and see if the market cools down a bit.

Is anyone finding any good deals in and around Orange County, CA?  If so, how are you finding them?

Thanks again.  Please feel free to message me if you have any questions about commercial real estate.

Kevin

Post: 1 and 2% rule

Kevin ThomasPosted
  • Rental Property Investor
  • Costa Mesa, CA
  • Posts 19
  • Votes 4

Great thread. Thank you.  I assume the 1-2% rule is gross rents, not net?

Post: OC EVENT- HOW to select markets, forecasting, HOT markets FREE

Kevin ThomasPosted
  • Rental Property Investor
  • Costa Mesa, CA
  • Posts 19
  • Votes 4

I am interested in attending.  Need only one ticket.  Thank you.