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All Forum Posts by: Daniel F. Harb

Daniel F. Harb has started 33 posts and replied 357 times.

Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

True, @Alpesh Parmar. I would never dream of buying a property without seeing it first. At least being new, I know there are some that buy sight unseen, but I am sure they have their "Stellar" team in place, and many Boots on the Ground. Maybe in time.  :)

~Daniel

Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

O.K., that's pretty scary, @Alpesh Parmar. :0

How does one avoid that?

Daniel F. Harb

Post: Foreclosures! Dayton, Ohio! Does it seem like there is a huge....

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Hello, @Mario Mormile. Besides Ohio, I am looking at Tennessee, Arkansas, Indiana, and a few others. I know that I have to whittle it down a bit, but right now I am pretty wide open. :)

Hope your Christmas is great!

~Daniel

Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Excellent, @Elizabeth Garcia! I just ordered my "Long Distance" package yesterday. Really excited to get it. :)

Westbury, NY must be like OC, California...Through the Roof!  $$$  Just being on BP about two and a half months, I am thankful for this "Goldmine" we have found!

Thank you, Elizabeth, and Merry Christmas. the best of profits to you in 2018!

Daniel F. Harb

Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Very nice,@Barry Christopher. I really like the under $50K. I have much to research. Thankfully, the ER is not too crazy~busy today, so I get to play on BiggerPockets!

Thank you so much and have an awesome Christmas

~Daniel

Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Exactly right, @Jay Hinrichs. I am 2000 miles away, and it is imperative to have my house in order before I "Pull the trigger". Even if things go mostly right, it would seem in one fell swoop, just as like what happened to @Scott R., your wonderful cash flow of $200.00~$300.00 per month could go up in smoke with a $6000.00 repair job. Ugh...

Even so, I will be investing OOS, no investment is guaranteed 100%, and if "Triple~Check" everything, I believe I will be fine. :)  No RE investment is perfect, and it is not "If" it will happen, it is a matter of "When". I will just be prepared for it.

I've been there before, I'm sure I'll be there again.

The important point is to get started!  $$$

Cheers!

~Daniel F. Harb

Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Well said, @Scott R.. I believe it is important to learn from the members that are on all sides. Every single post has at least some valuable info in it, I believe . This is definitely for some investors and not for others. 

Thank you for your expertise , @Jay Hinrichs. You are absolutely one of the "Icons" on BiggerPockets, I am just getting my ducks in a row before the New Year and I start investing OOS. I can see how the super lower end price points might be difficult for an investor in OC, California, and I have no problem investing in the $35~$100K price point level. I just want to see all that is available from the super low end, to, maybe the $100Ks.

I doubt that I would invest in a "War~Zone", I would have to live there (Or close), I am sure "Boots on the Ground" is necessary for that type of investment. I don't want my "Lunch" handed to me. :)

Exciting, though, to be on the front end of investing OOS, just making sure I am doing Super~Due Diligence!

Thank you, Scott R. Thanks so much, Jay H!

Merry Christmas!

Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Pretty awesome, @Derrick E.! Well done. Nice property, @Rocky V. Congrats!!  $$$

Thank you, @Dell Schlabach, for your input. Duly noted!  :)

Best of profit, everybody!

Daniel F. Harb

Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Thank you @Caleb Heimsoth, Thanks, @Mike Dymski

I really appreciate the information and the time you have taken to respond. :)

Of course, when living in California, I believe it is imperative to get as much input as possible. Then one can separate the "Wheat from the Chaff", so to speak. OOS investing seems pretty great and exciting, especially when in my area it is a "Quarter Million Dollars" for a shack. 

Have an awesome Christmas, and best of profit in 2018!  $$$

Daniel F. Harb

Post: Is This Possible!?!? 30K~35K Properties W/$250$350.00+ Cash Flow?

Daniel F. HarbPosted
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
  • Posts 360
  • Votes 242

Wow, @Derrick E.! That is pretty incredible. You are precisely right, that same house for $30 Grand in your area, would be at $750K in Orange County, California. :)  Man, I wish those types of properties were in my back yard!! I will definitely visit the areas before I make any investment decision. 

I will most definitely PM you, and thank you, Derek!

Merry Christmas!

~Daniel F. Harb