Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
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: John Arendsen

John Arendsen has started 41 posts and replied 662 times.

Post: What would you do with a million dollars?

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

@Mitchell L., Well, so enlighten me. What do you mean by "various methods"?

Post: What would you do with a million dollars?

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

@Elliot Lamson, That's a real good idea and one that I've been doing some serious thinking about. We already own a few in some North San Diego Beach communities that we're thinking about doing that with. Do you have direct hands on experience with this type of investing?

Post: What would you do with a million dollars?

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

@Hugh Ayles, I'd love to do some fix and flips, however, the San Diego or California market is pretty well played out. Starting to look more like fix and flops nowadays. But thanks for your comment.

Post: What would you do with a million dollars?

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

@Hugh Ayles, Not sure what BRRRR means but I'm liking what you're saying about the overall distribution with the exception of putting more than about 10% in the stock market. Especially right now.

It was easy money back in '09 when the market tanked by more than 50 t0 75%. If you could fog a mirror and had money in the market you made bank. But that ride is over. Now ti's a little different story. 

The market has peaked by comparison and new potential bubbles or at least corrections are looming. Just my 3 cents worth adjusted for inflation. LOL!

Post: What would you do with a million dollars?

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

@Richard Dunlop, @Account Closed, Wow! these are some really great ideas. However, I live in California and don't know anything about the Michigan RE market other than it's very depressed as you have indicated. 

Additionally, I wouldn't feel comfortable about investing in an area that I couldn't readily manage myself on a day to day basis and I don't know anyone in that area that I would trust to partner with at this time.

Post: What would you do with a million dollars?

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

If you had a million dollars and it was the only million you had sitting in a money market account drawing less than 1% per year how would you invest it?

Post: Determining Current Value Based on Rent Rolls and Condition?

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

Phew! There's some very interesting investment philosophies being tossed about here. Interesting.

Post: Good places to invest for passive income

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

Ali Boone, I can't for the life of me understand why you think San Diego, Orange and Riverside Counties are not good areas for generating passive income. 

I've been living in San Diego for the past 35 years and have done very well generating good ROI on the investments I'm currently holding. I'm just looking for other passive income opportunities i.e. NNN assets, etc.

Post: Smart ways to leverage capital without incurring excessive risk.

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

Howard Abell, I'm all about 10 to 30 percent returns but where do you find that in RE?

Post: Smart ways to leverage capital without incurring excessive risk.

John ArendsenPosted
  • Developer
  • LEUCADIA & VISTA, CA
  • Posts 722
  • Votes 340

If you had a million dollars sitting in a money market account collecting less than 1% per year what would or could you do to leverage that capital without incurring excessive risk?