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All Forum Posts by: James You

James You has started 12 posts and replied 117 times.

Post: Turnkey Market 2017?

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

I'm actually looking into investing in Memphis as well.  Thanks for posting @Will Jo.  I would love to connect with investors and turnkey companies in the areas as well

Post: Morris Invest Case Study 2.0

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

@Tyler Jahnke thank you for sharing your experince and journey. It is very brave and informative what you've done for the community. I too am in LA and was considering reaching out to Morris Invest along with some other turnkey companies OOS. Congrats on your first move to your REI journey and hope it will be a very successful one.

@Roy Lin Did you go with another TK company to start investing out of state or another route? I too am from LA, and I've been exploring and talking with different TK companies for my first REI purchase.

Post: Networking - West Los Angeles

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

@Nick Hedberg I found out too late about the meet up.  I will mark my calendar for the next gathering in March.  Looking forward to connecting with everyone!!

Post: Networking - West Los Angeles

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

@Nick Hedberg Is there a meet up site I can sign up to to join this meeting?  how often do you hold this event in the westside?

Post: Is it a good idea to buy my first property out of state ?

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

@Vincent B. I'm currently on the same boat as you.  It appears that it is hard to generate cash flow through rental properties in LA, although appreciation and equity can be much much higher in the long run than other regions.

I'm exploring my option with turnkey companies in mid west, phoenix, nashville, etc.  there are pros and cons with this way of investing, but im keeping all possibility open as of now. 

when you mentioned $50,000, were you referring to purchase price or downpayment?

Post: New member from Santa Rosa, CA

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

Welcome to BP! Good luck with your venture! cheers!

Post: Finding a Partner in non-local Market

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

I'm very interested in this topic as well. I'm in Los Angeles where it is hard to generate cash flow from rental properties, and I've been exploring the option in out of state.  It's a bit scary not knowing the area vs my home town plus finding a trustful and successful partners is crucial.  

Post: Multi-Family Cash Flow possible in Los Angeles?

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

This is very very intriguing post as I live in Los Angeles as well.  I've been looking to invest in properties as well, and I've heard of phoenix, oregon, and mid-west regions being a great areas to invest for cash flow.  

Post: Hello from Los Angeles

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

Welcome to BP. Good luck!

Post: Do I need a Website, and S-corp or LLC to start buying houses???

James YouPosted
  • Real Estate Agent
  • Los Angeles, CA
  • Posts 125
  • Votes 37

@Sam White  thank you for taking your time to actually laying out an example for me.  it is very informative and easy to understand. thanks again!