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All Forum Posts by: Storm S.

Storm S. has started 38 posts and replied 497 times.

Post: Can i Wholesale on the MLS

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Michael J Scanlon the easiest way to do this is present it to your clients and have them pay your commission. Easy, nothing sketchy.

Post: RealtyRates.com , any active users anymore?

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Morgan Wells look into costar it’s pretty good

Post: Using Futures Contracts To Hedge ARMs

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

Bumped. I think the macroeconomic conditions are sufficient for this thread to be relevant again.

Post: If you have less then 20k, you shouldn’t invest in real estate

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Shiloh Lundahl I agree, people with small amounts of money who feel they must invest in real estate should stick to buying REIT's

Post: Looking for my first investment property

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Elias Munoz if I were you I would do whatever it takes to skip those intermediate cities and start in Santa Barbara.

Post: Where to start? Seems impossible to break in to this

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Jeff Adams hey Jeff, if I were you I'd look into investing in REIT's and syndications. You don't need much time to invest in these options and at least for REIT's you don't need a lot of money to start.

Post: Best ROI investment strategy with 150K

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Paul Wolfson real estate is for suckers, go all in on weekly out of the money Tesla call options

Post: Buying Luxury Rentals

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

I’ve always been curious to how the strategy of buying luxury rentals/mansions/large estates and renting them out. So for example in my area buying a 6-12 million dollar single family home and renting it out for 50,000-75,000 per month. The benefits I see would potentially be large appreciation, not much competition, and getting to own trophy properties. I’d love for people to chime in on this and to hear from anyone who does this.

Post: Where would you buy if looking for cashflow?

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Maria D. Santa Barbara, CA there is no where better

Post: Buying from Wholesale/off market dealers

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Rose White I’d like to point out that there is nothing unique that a wholesaler does that an agent can’t do. People mention agents charge a commission, so does the wholesaler except what they make is possibly not disclosed and they are working in there best interest where an agent would be working for your best interest.