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All Forum Posts by: Account Closed

Account Closed has started 13 posts and replied 299 times.

Post: Odd Question: Bahamas

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

I know a friend who is realtor in the Bahamas I can send you a referral to him he will know what to do. @jacobP

Post: Looking at buying a 2nd house

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

You can get a better rate the 15%, get a conventional loan for 10% if you can, for a rental, rent for 2 years and then sell into a 1031 exchange. and keep moving up. next thing you know you own 5 houses. and making bank.

Post: San Diego New 9 Condos

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

Looking at about $320-$335 construction cost, but we are having elevator and possibly a roof top garden Jacuzzi area we are yet to decide that.  @Colin L.

Post: San Diego New 9 Condos

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

Hey everybody, I am very happy to post my first project that starts since I join biggerpockets 3 months or so ago, I moved to San Diego 18 months ago, I used to be in the big private equity sector, but I decided to start investing and consulting, so 6 months ago this  young talented architect came to me with the idea that his Girlfriend family, owned some land/Shack in Hillcrest area in San Diego, so I saw the property and fell  in love with it so I started consulting him as how to get funding, ETC.

so finally after 6 months with city planners, and shifting as 30% equity investor my self, we found a bigger equity partner for the remaining 70%  and I am happy to share. that we started construction last Thursday this is a render of how our new 9 units are going to look like.  this will be my first bigger project by myself as an investor not only consulting and my first big project, outside of my former employer. very exited

Post: New to RE from San Diego

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107
Let me know anything you need man I live in Carlsbad, Use to Work in Private equity, Have Invesments of my own HML and I have a consulting firm. Always like to help

Post: Real Estate Agents

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107
I am not a full time agent, but my wife is, me being a investor, she has learn how to work with only investors I also hold my license and get tons a few good deals in my table and can take them all so I'll gladly help you.

Post: San Diego, CA - Hamill Flip

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107
Wow that was a very nice, profit margin sure was a lot of work but, I am not familiar with Del Cerro I live in North County. And only been living here for about a year where is that ?

Post: Best investment in the Miami FL area

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107
I grew up there had some rentals at 250k, your best bet is East if you want good caps but I got some property in Aventura for 280k and I get 2,400 and great tenants is good area I think. Or east if you want high caps

Post: Getting my Feet Wet

Account ClosedPosted
  • Real Estate Investor
  • Rancho Santa Fe , CA
  • Posts 323
  • Votes 107
Hi I been in Bigger pockets about 3 months and got a deal going from here I been a active full investor for 5 years or so let me know what I can help I am also in the San Diego Area

Post: Partnership with Realtor - Need help with Structure

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

I have been I both sides of the table when I was a realtor and now investing , I give them commission only 4% on the back end sale, and 25%. of profit.