Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Fernando Valenzuela

Fernando Valenzuela has started 4 posts and replied 10 times.

Post: Finding conditions of a property

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

Hello Darrie Bennett,

I posted this question a few times in accident, I am sorry. Thank you for the advice which I think is great.

I do plan to get my license in the near future, the only thing is that right now I am working on my business plan, and trying to find figures just to do sample deals and research and learn about the processes of the business as a whole.

I've pass my real estate classes just need to take the exam, but I am thinking on waiting until am ready to put the business into action, that way I don't have to be paying any fees to keep my license yet. or what would you say, should I even try to find an agent, I am be getting my first property in a year as well, and don't know if I should use an agent or just represent myself? :/ I am not sure on what to do.

Any help, advice or opinion will be really appreciated.

Post: Finding conditions of a property

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

Logan Hassinger,

Thank you for the advice, I think that would be the best bet, the only thing is that before contacting an agent I would always like to double check. Right now I want to see how much info I can get on my own if I ever want to double check.

Post: Finding conditions of a property

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

Terrance Brown,

Thank you for the help, I just started using Redfin and its really good, but now, would it say on the comparable sales if a property was sold "AS IS", a forclousure or short sale. If it doesn't say non of these three, it should be a good bet that they were sold as a move in ready, good conditions, is that correct?

Again, thank you for the help.

Post: Finding conditions of a property

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

I everyone, 

I am learning how to find ARV/comps and I am trying to find out what conditions a property got sold.

Since I need properties for my comparables that have been sold in good conditions or fully renovated (preferably).

Now, the rhing is that I don't have access to the MLS, so I am looking at website portals(Zillow,redfin,trulia.etc..)

What would be the best way to find what contidions these comparable properties in these websites were sold like?

Any help, opinion or advice will be highly appreciated.

Thank you everyone.

Post: Finding conditions of a property

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

I everyone, 

I am learning how to find ARV/comps and I am trying to find out what conditions a property got sold.

Since I need properties for my comparables that have been sold in good conditions or fully renovated (preferably).

I don't have access to the MLS so I am looking at website portals(Zillow,redfin,trulia.etc..)

What would be the best way to find what contidions these comparables in these websites were sold like?

Any help, opinion or advice will be highly appreciated.

Thank you everyone.

Post: Finding conditions of a property

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

I everyone, 

I am learning out to find ARV/comps and I am trying to find out what conditions a property got sold.

Since I need properties for my comparables that have been sold in good conditions or fully renovated (preferably).

I don't have access to the MLS so I am looking at website portals(Zillow,redfin,trulia.etc..)

What would be the best way to find what contidions these comparables in these websites were sold like?

Any help, opinion or advice will be highly appreciated.

Thank you everyone.

Post: What should I do?

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

Thank you for the link Mark.

Post: What should I do?

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

Thank you guys for the advises and opinions,

Now my plan this year is to get an FHA loan and purchase a multifamily house and live in one side while renting the other(s). Now what is really getting to me right now is the fact that I know I can get a job in law enforcement which will start me around 80,000 and a little over 100,000 after the fifth year, which seems extremely attractive to me, but than again sometimes I feel I should stick to the job I have right now, and try to do something as a part time in real estate that could generate me a little more income such as wholesaling or as an agent.

As you can see I am a little confuse as what I really which route to take. Should I go for the law enforcement side or should I get starter a little by little as part time in the real estate side.

Thank you everyone, all of you have been very helpful with your opinions and advises which I truly appreciate.

Post: What should I do?

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

It is being a while since I posted the question and just wanted to say thank you to all of you who took your valuable time to give me your opinion, advice and help with my question.

Thank you guys

Post: What should I do?

Fernando ValenzuelaPosted
  • Bakersfield, CA
  • Posts 10
  • Votes 0

I have been out of college for a year and a half now, I graduated with a degree in finance and management, but I am working on a sales job that has nothing to do with finance. I have been wanting to make a career out of real estate investing for a couple of years now, the problem is that I don't know what should I do or how to get started because I don't have the funds to get started, as a matter of fact I have a 10,000 student loan, a 13,000 car loan to pay for and I am currently renting. In my current job am getting an average of 2,200 take home every month.

I guess my biggest problem right now is weather get into an entry level career that relates to what I want to do and get an ok paycheck or get into law enforcement which pays well after a year or two 75,000-80,000 in my case  and start making more money and pay off my loans and start investing after that. I am 26 right now. 

Any advice or similar experiences that you have been through will be highly appreciated.

Thank you everyone