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All Forum Posts by: MJ Barnett

MJ Barnett has started 4 posts and replied 66 times.

Post: TINY HOMES - CALIFORNIA

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22

I’m interested in seeing how your project progresses! 

Post: 27 y/o Female – 50k debt to $1M+ net worth (24 units,50 deals/yr)

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22

Inspiring!! Way to commit and keep moving forward!

Post: Egress Window Question. Just went under contract for "4dbrm"

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22

I am not able to answer all your questions however in regards to renting a space without egress, aka not up to code the Tenant has rights to their rent back at any time and could take you to court. I would make sure it is a legal bedroom in case there is an issue and you have to contact you insurance company or you are reported for substandard to the current code.

Post: Sierra Madre Investment Property

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22

Is this still available??

Post: UNDER CONTRACT! Fix and Flip Los Angeles 90059 Cash Buyers Only

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22

Still available?

MJ

Post: Seller & Buyer Agent needed Compton, CA

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22

Brian,

I am sending you a message now. That property seems to be located in prime area for flippers in Compton. It looks like it's a few streets outside the incorporated portion of Compton which means no Compton inspections.

MJ

Post: Looking for Contractor in Rancho Mirage

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22

I am in need of a contractor who works in the Rancho Mirage, California area. Any leads to companies or people you have used before would be greatly appreciated!!

MJ

Post: Land and Cannabis Farms

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22
Ray. Thanks for the info. I had heard that San Diego is still not very friendly and my client was told to steer away from it.
MJ

Originally posted by @Ray Lai:

@MJ Barnett

A great case of high risk and high reward. They just shut down a big grower in San Diego that had all their legal paperwork in place a couple of months ago but that was before the latest ruling that it's now legal to cultivate here:

http://www.sandiegouniontribune.com/news/politics/...

I think when you're on the risky frontier of something new like this, you better be friends with the councilmen because civil asset forfeiture is alive and businesses have been shut down at the drop of a hat.

Post: Land and Cannabis Farms

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22

I have a client who is looking to purchase land in California and permit it for Cannabis growing and then renting out parcels for income. I haven't heard of this type of investment as most people grow on their own land and thought it was an interesting landlord tenant situation. 

Would love any info or leads in the direction of purchasing land, cannabis and renting land to grow agriculture.

Thanks,

MJ

Post: $100k on the first deal at age 21....Thanks biggerpockets

MJ BarnettPosted
  • Real Estate Agent
  • Burbank, CA
  • Posts 72
  • Votes 22

Congrats on your first deal! Many more coming your way!

-MJ