All Forum Posts by: Marlo I.

Thanks for sharing, this gained insight will help me when running my numbers for future projects.

@Terevarevahaunui Jacobson thanks for the sharing! Yes if you could provide a contact at Civic Financial and I'll reach out to them. Mahalo

@Shaun M. Room with sag carpet and overhead mirrors.

@Yaohua Li the rent to purchase ratio is better in Sacramento. You’ll be able to find more opportunities there vs The other cities you mentioned. Also Sacramento long term is a city that continues to be redeveloped which makes it a more favorable city for people to want to live in.

If you want to get a good idea on the rents and if an area is a class a,b,or c area reach out to a few local property managers and also ask if they have any clients that’s thinking about selling.

@Suthy M. with a cap rate of 3.75%, the price at $1.9 mil, and the rents at the amount you say, there is no upside to the investment property. You mentioned that the it's a fine zip code, what's your definition of fine? As @Amit M. mentioned earlier in order for us to help you having as much information to analyze the investment is helpful. Also understanding your investment goals for the property is also helpful. 

Location is a very important factor so if you can provide at least the major cross streets that would be helpful. Zip code helps but it needs to be neighborhood specific. Just by being one block over can make a difference in analyzing a investment accurately. 

The city of San Jose has a very strict rental ordinance. So if you're looking to purchase a rental here that's three or more units i would highly advise that you look into how the ordinance may affect you as an investor. 

@Suthy M. Feel free to reach out to me directly and I can converse with you more about this investment or any other investments in the southbay area that you have questions on.

Hey Norman From my experience a 3bd/2ba for below $300k is a smoking deal in the Sunnyvale area. I know there's a few mobile home parks in the area closer to hwy 237 and usually when I see a price that low for Sunnyvale I'm 99% sure it's a mobile home and not a single family/Condo. If it's a mobile home $300k is around market price so it'll be harder to a get good ROI.

Thanks @Jay Hinrichs I'm in the bay area so I'll check them out.

Thanks @Cassie Chun I'll also reach out to Cory with KECO. What's your experience with his company?

Aloha BP community anyone on here have any Hard money lenders they've worked with for the Island of Oahu?  Mahalo

@Andrew Hogan, @Tyler Krathwohl Thanks for allowing to share your knowledge of the area, 'll be sure to reach out to you. If you ever need information with the San Francisco area feel free to reach out to me.

@Ross Denman I appreciate the detailed information on the BRRRR strategy and providing the area's I need to be aware of. Also the breakdown of your last BRRRR rental really helps to better understand what I may experience. Thank you and as i mentioned earlier if you ever need information with the San Francisco area I'm more than happy to help.

@Simon Stahl hey Simon thanks for the helpful info. I’m just starting to research the Indianapolis area and thought about going using same route with finding a property through an all in one service wholesaler/rehab. Could you share which company you used? And also which area in Indianapolis your investment is located in? Mahalo