All Forum Posts by: Andrew Jones
Andrew Jones has started 15 posts and replied 233 times.
Post: What is going on with Lack of Inventory and Housing Prices in the Current Market?

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Yes, same here. No inventory and a lot of competition. Homes under 100K have Multiple bids, cash offers, and get under contract quickly.
Post: Wholesale rental property in good condition... what to offer?

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Being a small time landlord myself I would buy for around 45K for rent of $816 if it were in my farm area. Verify $816 is market rent.
Post: Why so much leverage?

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
To maximize CoC return and long term ROE.
Post: Southern California Investors Clubs

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
FIBI Meetings are good as Jeff said. I have attended many of them and there are no sales pitches.
Post: Hi! Kinda Green from So. Cal!

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
David B. it turned out well. I believe the post you were referring was about a 6-plex I bought which was actually my second real investment property. The information I got from other BP members was used to double check everything. It actually didn't make me do anything differently just helped me be more confident in the deal. Everything is turning out well thanks for asking. I will send you a PM and maybe we can grab some lunch on 3rd St some time.
Post: Fresno and Bakersfield Markets

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Yes, I am seeing this too. Very low inventory and more competition.
Post: Hi! Kinda Green from So. Cal!

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Welcome to BP David! I look forward to reading some of your posts because it sounds like you have a wealth of information to contribute.
Post: First Rehab Completed and Sold

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Congrats Ryan! Thank you for sharing the details.
Post: Others stealing your deal

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
Do not buy this "insurance".
Post: Rental Property advice for starters --

- Investor
- Los Angeles, CA
- Posts 242
- Votes 61
If your just looking for a hands of investment you should also consider lending money. Its pretty easy to get 8% or more, but you will need to educate yourself on RE and work with someone with a verifiable track record. It would also be best if they are putting some of thier own money in the deal as well.