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All Forum Posts by: Trevor Aydelott

Trevor Aydelott has started 38 posts and replied 294 times.

Post: Working with Realtors as Co-Investors

Trevor AydelottPosted
  • High Desert, CA
  • Posts 319
  • Votes 161

You raise a good point @Jonathan Greene something I would have to consider when I'm presented with a realtor or co-investors who want to partner up and see if it is in they best interest for me. 

Now did you have in the contract for the septic tank to be done. 

Because as a realtor here in California if you don't put for the septic tank to be pumped and certified in the RPA it doesn't need to be done to get financing. 

Post: Landlord Insurance VS. Home Insurance

Trevor AydelottPosted
  • High Desert, CA
  • Posts 319
  • Votes 161

Thank you ALL, it has helped me. I understand now. 

Post: Working with Realtors as Co-Investors

Trevor AydelottPosted
  • High Desert, CA
  • Posts 319
  • Votes 161

Hahah whoops you're right @Erin Dorsey Robinson ( Thanks for the correction/clarification) 

I meant with realtors AS co investors. But I can do all they above. 

Oh yes wells Fargo is new.

and that's what I thought because I know for sure that a lot of these investors don't keep 6 month reserves for all their investment properties. 

Post: Elk City, Oklahoma a good place to invest in

Trevor AydelottPosted
  • High Desert, CA
  • Posts 319
  • Votes 161

Been looking at some properties in Elk City, Oklahoma. 

Anyone have any input on the city? Maybe a city close by that are good for fix and flips ( please don't comment that it is not a good time for flips during the virus.) 

How are the workers there? Any jobs coming into the market? 

Post: FHA loan & Investment Properties

Trevor AydelottPosted
  • High Desert, CA
  • Posts 319
  • Votes 161

No I know you can say you're going to live there and not live there. But it does matter for me to answer the question. I didn't want to just write a bunch of stuff if it doesn't relate to your question. 

So people buy a home and live in it for four month and then go buy another one. 

Hell I bought 3 VA loans, and two were right next door to each other. So I'm a master of getting what I want with loans.

21st mortgage, Santiago. I have a few more. But I would have to go pull those up. But those two can help you out. 

I actually have my lenders license to get into manufactured home lending in Southern California, mainly the High Desert region. But I haven't started that yet. 

So hopefully that helps. 

Yeah I am wondering how this went as well. 

Post: How do you protect yourself from Inflation?

Trevor AydelottPosted
  • High Desert, CA
  • Posts 319
  • Votes 161

Well one way to fight inflation is to raise rents every year. So you always make the same cash flow.