All Forum Posts by: CK Hwang

Also, this that are good investor friendly ones, probably have quite a few investor clients as well, so you're still competing against other investors either way.

Nothing against realtors, they are in it to make money as well, so in many ways, I can understand why it is hard for them to work with investors where it may take 20 offers before one is accepted.

Based on my personal experience, I've generally found that it's hard to find a good realtor that caters to investors. They are out there, but I haven't found one that is willing to spend the time it takes to hunt down deals, so I've just been deal hunting on my own. To find a good investor friendly realtor is probably going to take at least as much time as trying to find your first deal.

Hi Michael, I currently have a rental on the other side of the world...literally, and don't really have problems dealing with it as much of the upkeep is dealt with by the HOA and it was pretty well built to begin with.

That being said, I think the ease of owning a rental long distance would really depend on the property itself. for example, I would be more inclined to own either a condo unit or a large apartment complex, i.e. 20 units or more, long distance.

Single families, four pled, etc in my past experience, generally don't have the economies of scale to justify a property manager to really pay attention to a property. Certinaly it can be done profitably, but I feel it takes some "time on the ground" to find a good property manager, and then you need to be willing to travel there and find another one if they move on.

A single condo unit is fairly simple as the HOA takes care of the exterior and so most of the time it's flooring. That being said if I was going to own single condo unit, I would tend towards middle upper to upper end of market.

This is just my personal thoughts on long distance.

My worst so far is some stupid luxury apartment that is negative cash flow and I can't get rid of it and it has tied up tons and tons of my money. But it did make me a wiser buyer.

I used to have fancy ideas about leveraging etc until I actually tried my hands at it. Realized that playing with leverage is really a mental game as much as it is mathematical, and I wasn't mentally up to carrying a whole lot of debt, so nowadays, I just do what lets me sleep best at night.

Matt, if it's short term, I would just go with wood. It's quite a bit cheaper. Those pre made dog eared fence form home depot is pretty cheap. Once the posts are in, shouldn't take more than a day's work.

Hi Matt, is it for a flip or a rental? I have found the cheapest prices for a fence for a wooden fence and would use a wooden fence for a flip. However, if it was a rental that I was holding for long term, I would put in one of those white vinyl fences instead. If you are a DIY kind of guy, it's actually quite easy to work with the vinyl fence as they have made their linking mechanism easier. They cost more initially, but hold up much better and don't have all that warping issues. I just had to put in a 70ft fence in one of my flips and that cost a bundle.

Ava, another factor you might want to consider is how you think the Philippines Peso is going to move against the US dollar in the short, medium and longer term. This can make a huge difference to an investment.

I have a client that just made an extra 5% on their money in a year investing in the USA because of the forex movement.

Congrats Karen. I live in Capo beach too, would love to watch your project come up. $150/sqft, is a pretty dang good price for new construction.

from my perspective as a buyer and seller in South OC, well priced homes are still moving fast both with home buyers and sellers. One very well priced fixer home I recently viewed had 40 offers from investors and home owners and went about $50K over asking.

Over priced homes are sitting for a long time on the market. So not like 2012 where one could get away with over pricing the home. Nowadays when offering on a home, I am basing on the lower range of the comps for a safety margin.