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All Forum Posts by: Account Closed

Account Closed has started 13 posts and replied 299 times.

Post: REI vs Realtor

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107

I always see it as being a Realtor is a step to becoming a good REI, when your a realtor you might be getting large checks if you can make them constant it turns into a job and then you can use that cash you make to buy what you are selling and know so well and you start investing, maybe flipping, and there is a lot more money to be maybe in REI, in the long run but in the begging Realtor are the platform, and what keeps the business moving at a fast passed, look at some of the worlds wealthiest REI started selling real estate or leasing commercial or one of the faster way to make cash if you put a lot of work like top agent does.

Post: Expired MLS

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107

I used to be a Agent, and i would target directly but it never work a lot maybe 1 out of 50 i even got a response, on the expired listings, so i would try something more cleaver 

Post: Venture Capital for Short Term Real Estate Investments

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107

Hi Used to work for the ( Hedge Funds/Venture Capital firm you talking about ) I was a Investment Analyst, basically the 3rd guy up the ladder, like @Jay J. says it could be tricky you could solicit money i believe threw direct contact with first step of the ladder the equity/debt Recruiters, the owns looking for deals, but you'll run into some bumps getting to them since the keep there contact private most of the time, you cannot solicit threw the information emails the websites provided but you can say you would like to speak to somebody in the company that may help you with some questions, and wait they might respond or they probably won't. second of all the transaction volume has to be in chucks of 10-15M minimum and they are considered type D investments that are not wow, don't peak there eye, but if you could bring a cluster project into the table once you get a seat at the table this means like group of projects 3 or 4 that add up to be 20M+ you might catch there eye, but as i just read your last post you think this might be too much and it is, but there is what it the business we call Family offices this are type D equity or debt investors that are maybe one step above your local hard money lender and does might be the kind you should target, or the garage ban hedge fund which in the industry is a capital firm with less then 250M in AUM, this are hard to find but they will work with smaller investors i hope this was helpfull

@Rick Wagner

Post: Help on the proper way to name and organize my wholesale company

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107

I have several LLC, and just similar names, i dont have a domain but my last name spradling so i do like

Spradling Investments LLC, Spradli 123 LLC just example. you can try that if your doing multiple ? LLC or i just didnt get your question LOL.

Post: Real Estate Lawyers in San Diego

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107

depends what you want just a simple lawyer i have a good friend i can recommend, he practice is in Carlsbad and if its maybe litigation or something greater i use the guys at procopio. 

Post: Should I sell a negative cash flow rental?

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107
James K. I have Bought some 1b in Oceanside and some in El Cajón for 160-180k recently, the questions If is By What college and where is the location, If is College like Mira Costa Oceanside i will say keep that area is Booming If is SDSU Sell it Or Clean it up and try To get a new tenant for 200 more and Break even Build Equity

Post: Determined New Member in San Diego

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107
Hey Kyle I live in Carlsbad, but hang out in La Jolla Bird rock a lot near PB, anything you need let me know I am more into ventures and own a consulting firm, but like a good wholesale deal if presented, I am no guru or anything but I could help you with any questions I can answer

Post: Looking for an Agent in San Diego to San Clemente, California

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107
I know somebody please send me a PM

Post: Networking

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107

Hey Drew for Sure I do a Lot of New Development Ventures with my Private Capital, or I get funding from other medium and large institutions send me a PM and let get more into it. @Drew Lambert

Post: Networking

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107
Yeah let's have a get together I am also semi New to BP I always heard of this Networking in San Diego but never knew were it is. I would be interested in meeting some other guys