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All Forum Posts by: Tim Jones

Tim Jones has started 18 posts and replied 203 times.

Post: Pandemic REI history

Tim JonesPosted
  • Flipper/Rehabber
  • Merced, CA
  • Posts 221
  • Votes 115

Hi everyone, 

So I'm curious if anybody out there knows the effect that was had on real estate during & following the last pandemic in the early 1900s. As a tag-along question, what happened in foreign markets during epidemics such as MERS and SARS? 

Thank you & stay safe!

TJ

Post: Potential opportunity in property we've rented for 15 years?

Tim JonesPosted
  • Flipper/Rehabber
  • Merced, CA
  • Posts 221
  • Votes 115

I would definitely buy it assuming condition & comps check out.  Ask her if it is advantageous (for tax reasons) for her to accept payments over several years. If she sells her investment property she would be liable for all her gains at once. Owner financing will allow her to spread her tax liability over the life of the loan. 

Best of luck to you!

Tim

Post: Merced County Meetup

Tim JonesPosted
  • Flipper/Rehabber
  • Merced, CA
  • Posts 221
  • Votes 115

👍😁

Post: Merced County Meetup

Tim JonesPosted
  • Flipper/Rehabber
  • Merced, CA
  • Posts 221
  • Votes 115

9am and don't forget DST. Your phone should automatically adjust. We should be done by 11.

TJ

Post: Merced County Meetup

Tim JonesPosted
  • Flipper/Rehabber
  • Merced, CA
  • Posts 221
  • Votes 115

Hey guys,

Let's get together and talk shop, make connections, compare notes, etc. All are welcome including lenders, wholesalers, contractors, agents, and investors. See you there!

Post: Old newbie in California

Tim JonesPosted
  • Flipper/Rehabber
  • Merced, CA
  • Posts 221
  • Votes 115

Keep your head up! It's not a loss until you sell, right now it's just an under-performing asset! I own a little bit of bitcoin...haha.

Definitely talk with your CPA about offsetting profits and losses ...cash flow is only one way to make money and evaluate REIs 

Good luck to you!

Post: Investing in Modesto, CA

Tim JonesPosted
  • Flipper/Rehabber
  • Merced, CA
  • Posts 221
  • Votes 115

Merced....bout 45 min South

Post: HELOC Orange County, CA

Tim JonesPosted
  • Flipper/Rehabber
  • Merced, CA
  • Posts 221
  • Votes 115

SchoolsFirst FCU

Post: HELOC for investment property

Tim JonesPosted
  • Flipper/Rehabber
  • Merced, CA
  • Posts 221
  • Votes 115

https://www.biggerpockets.com/forums/93/topics/376686-heloc