All Forum Posts by: Jonahvan Rico

Ludmila,

Best thing to do is look for a partner to joint venture on a deal, they bring the money and you find the deal or manage the construction aspects if you have experience. Then split the profits. 50% of something is better than 100% on nothing. :)

There is also a 100% company running around here, search in the marketplace for 100% fiancee. I am only making you aware of them but do your due diligence to make sure they are legit as I have not used them. Lastly post your deal in the Deal analysis forum so you are sure that your are buying a real deal (under the analyze tab above).

I also recommend networking with others in your area. 

@sebastiah set this meetup a place to also network

There are many meetups here is one: https://www.biggerpockets.com/forums/521/topics/24...

Just wanted to clarify your book recommendations? Al I see is the section 8 Bible. What is the name of the second book? 

$1,000 assignment fee

ARV- 40K (needs cosmetic 5k in fix up)

25k total purchase price 15K Down, 400/mo payments till paid off

axes -1600/yr

HOA is $325 per month included water, heat, trash, grounds care and snow removal.

Electric runs 125-175/mo

Check This video out it looks exactly like Leadpages.net :) This is a two hour video on how to make your own "leadpage" or "squeeze page."

https://www.youtube.com/watch?v=sd0grLQ4voU

I recently used it to put together my website. He walks you through every step! From buying your domain name to install wordpress and customizing!!

Here is my House Buyers Website that took me bout a week with this persons video and files on his website, its almost finished

Owner financed deal in great location. Contact for more details, this will not last long. I'll send you pictures.

@JamesHolland 

I just used odesk for some content as well. $7hour for research and writing. They are from india and much less editing :)  

Great point on Copyscape I ran my articles through and passed, only difficulty is they only allow so many submissions a day. So look for these as well. www.gramarly.com, plagtracker.com, and smallseotools.com

What has your experience been? I have used it a few times and have found while inexpensive, there are few good grammar or english majors :)  So what I have started to do is book 1 gig (usually 5 dollars) and then have them write me an article and see how it comes out. Then after I have used a few and seen there work. They are my content writers and maybe I'll edit some of the content and then post it to my website We Buy Houses Fast blog. 

It may be better to have them send you some samples of there work ahead of time. The sellers usually will guarantee customer satisfaction and rewrites, but if its really bad, how can you fix it? But there are no guarentes they actually wrote whatever they send you. Maybe ask for a referral.

I'm really excited as its been about a week and I have 8 articles and on page 3 of google in my area.

Check out my Blog and give me your feed back. 

Good Evening @RoyLhaine

I agree with you it is getting really difficult to find deals in LA with good margins.  Maybe looking for greener pastures else where for your flip business could work? 

It really comes down to what your goals are. It may be a great time to revaluate what you want with your business, weather that be fliping or buy and hold.  Maybe under further considertion you want to buy mobile homes, notes, tax liens there are many ways to make money in real estate. 

Ultimately If you are looking for cash-flow then yes out-of-LA probably is a great option for you. Just remember when you work remotely it is key to find a trusted provider to manage the investment for you.

There is a meet up coming up in LA you can connect with other Bigger Pocketers to get great tips and advice. I look forward to networking with you! Link below :)

https://www.biggerpockets.com/forums/521/topics/237617-los-angeles-meetup---october-31st-2015

To continued Success!

Tim,

Great job on this value play. Wondering how you got the property leased up, or what type of marketing you did? If you don't mind sharing what was your NOI at 30% and after your lease up?

How did you draft a Note and Deed of Trust, is it so easy that any one could do it or would you recommend an attorney draft such a document?

Again brilliant write up!

Julien,

Investing in the midwest would be a great idea. listen to podcast number 29 and 74 for some great advice. Also just ask for referrals of Property Managers and concractors that are trust worth and you'll do great.

There is a meet up coming up in LA you can connect with other Bigger Pocketers to get great tips and advice.  Link below :)

https://www.biggerpockets.com/forums/521/topics/237617-los-angeles-meetup---october-31st-2015

To your success!