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All Forum Posts by: Roy Skaggs

Roy Skaggs has started 1 posts and replied 16 times.

Post: New member from Hawaii

Roy SkaggsPosted
  • Honolulu, HI
  • Posts 16
  • Votes 4

Mahalo, everyone! 

Post: Deal 2, 3, & 4, in El Paso, TX

Roy SkaggsPosted
  • Honolulu, HI
  • Posts 16
  • Votes 4
Originally posted by @Lacey N.:

Second, can you explain your HELOC deal/ "sweep" deal in a little more detail? You got a HELOC that was worth $600k? Was it on a primary that was completely paid off? How does a "sweep" work?

I too would like to hear a little more about this. I should have a decent amount of equity and I have good reserves for a down. 

Congrats on your investments so far Sharika! I would love to chat with you about how you got going as it seems like you're on the path I would like to see myself on eventually. Of course, I understand not competing for the same properties so I'm more just looking to talk and learn some basics. 

Post: West side meet up

Roy SkaggsPosted
  • Honolulu, HI
  • Posts 16
  • Votes 4

I will be out of town unfortunately but would love to attend the next one, please let me know when, thanks!
Roy

Post: New member from Hawaii

Roy SkaggsPosted
  • Honolulu, HI
  • Posts 16
  • Votes 4

Mahalo, Andrew, me and my wife would be the PM unless we are fortunate enough to get so many we can't handle them all. Of course, if any of the properties you manage do come available I would be happy to hear about them. 

Post: New member from Hawaii

Roy SkaggsPosted
  • Honolulu, HI
  • Posts 16
  • Votes 4

Mahalo, Dean and Michael!

Michael, I am wanting to learn more about finding these properties as people talk about auctions and I don't really know what's involved in that or how you find out about them. Is the process harder to buy foreclosure/short sale? I hear it can take a while. Just want to have some base knowledge so I can determine if I want to go the route of buying those types of properties or to stay away haha. 

Post: New member from Hawaii

Roy SkaggsPosted
  • Honolulu, HI
  • Posts 16
  • Votes 4

Aloha! I am looking to learn more about investing in residential and possibly commercial real estate. I currently own 2 properties and I am looking to buy a 3rd with at least 2 rentals. I'd like to learn more about buying foreclosures/short sales and flipping. Look forward to meeting local people here in Hawaii.
Mahalo!