All Forum Posts by: Andrew Jones
Andrew Jones has started 15 posts and replied 233 times.
Post: BP Summit Contact List
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Got the list. Thanks Greg.
Post: Frustration!!!! Who keeps taking my signs?
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
I live in L.A. and saw 3 bandit signs on the way to work today. There out there but they are called "bandit" signs for a reason.
Post: buying units/apartment buildings
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Find a property. Buy cash (not recommended), secure financing through a Commercial lender, get seller to carry financing, or buy subject too the existing mortgage. Make sure you satisfy the 50%+ guidelines for expenses. I only buy with room for 60% to go to expenses. Really look at the numbers.
Post: BiggerPockets Summit Early Bird Registration Ends at Midnight, February 23
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Wouldn't want to miss this. Already registered.
Post: Why I am Boycotting the BP Summit
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Haha this post got me. I wouldn't mind a BP hat or T-shirt.
Post: Are you seeing rent increases?
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Rent is pretty flat, but vacancy is low.
Post: The BiggerPockets Real Estate Investing Summit Schedule is Out!
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
The line up looks great I can't wait. Friday is going to be a long day, but it will be worth it.
Post: Tax "write off" for BP Summit
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Originally posted by Steven Hamilton II:
Do you do any flipping? As a flipper it is much easier to justify keeping up with the market.
No flipping
-Steven the Tax Guy
Post: Why You Should Upload a Personal Avatar Today - Especially if You're Coming to the BP Summit . . .
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Good point Josh, I just updated my photo.
Originally posted by Ray Johnson:
It's OK I did it too.
Post: Starting out with rentals???
- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Yes, I would have to agree with what others have said except I don't think having rentals is as passive as many are lead to believe. I hold rentals and speak with my PM regularly and make sure to stay on top of him. Not to mention the ongoing networking and research I do such as being on BP, talking with local investors, going to meetups, and conferences. Also I couldn't really live off the income they produce so I need a day job.