All Forum Posts by: Adam Pierce

Hi Steve. 

What is the turn around time on getting paid and what is the minimum amount you are accepting?

Shelley, thank you for sharing your story. It made me realize that I may not be cut out to be a land lord. If I had a professional tenant like that I would most likely end up in jail. You have a strong fortitude and I wish you the best in the future!

Hi Christian.

Welcome to BP! I live in orange county. 

If you are interested in being a scout aka a bird dog; you can make a lot of money by just referring people who need to sell their house to an agent or wholesaler.  

Let me know if you find any leads and I'll make sure you are taken care of :)

Sounds too good to be true but I'll bite :)

@will Will, you have the most patience I've ever witnessed. 

As somebody who was planning on purchasing my first property in CA, I am now terrified to be a landlord. 

I'm so sorry that you had to go through all of this. I wouldn't have been able to handle it. I'm glad you have been so strong. 

Please keep us posted and hang in there.

 I've had some of the same concerns. The way I look at it is that you need to have some exit strategies. 

My first exit would be to simply sell it. In theory if you did a good job on the rehab you should still be able to profit nicely.

The second strategy is renting it out and eating a loss until you can eventually get the refinance. If you are collecting rent, the losses suffered may not be too extreme. 

@Logan Allec I believe it is Open Space

Dear BP,

My Mom stumbled across an amazing deal last week. 4.4 acres in the beautiful city of Yorba Linda, California. 

Yorba Linda is neighbors to Anaheim, the city famous for Disneyland. 

The APN # 326-021-33

This property has NO BUILDINGS and is raw land near a lovely residential track. The seller is motivated and needs to get rid of this property ASAP.

Estimated Market Value is greater than $63,000. 

Asking price: $53,000 cash with a quick closing.

This deal will go fast. For more information, please email [email protected] or call Yvette at @ 714-270-9802. Please let her know that you were referred by Adam. 

Have a great weekend!

 I must have missed podcast 37. I just checked it out and am super glad I did. Tyvm for the recommendation

$20k is a great starting amount if you do a live in flip. If you don't want to live in your investment property, you can always form a partnership and go in together. There are plenty of flippers who would love to work with you.