All Forum Posts by: David Noh

@Brian Armstrong

At least one the other side of the bridge(West), we have alot of people coming in all the way from Modesto everyday because contractors are very expensive in the area.

Not a bad idea to consider since Oakland is already closer to the East !

@Justin Kane I used sapphire reserve to pay for it so I think disputing wouldn't be too hard but I want both sides to be happy obviously.

When you say reimburse, does AMEX pay you back while not paying the contractors then ?

I was renovating a single family garage today (full installation) and when I came to check on the finished work, the workers basically created four holes (two doors) on the ceiling.

I'm looking to find out what I can do.

1. What future problems could this cause ? (Insects / rats (currently none) could go up there and live there.)

2. I reached out to the owner of the garage business. He apologized that the workers did not communicate before blasting four holes and promised he would install a different kind that does not inflict damage on the ceiling AND patch up the holes. He will be back in town in two weeks so he will start the repair after.

Anything else I am missing other than making sure the repair is done correctly ? I paid the workers through credit card after the operation.

@Ryan Scott Isacksen

Count me in on the recording please ! 

Would love it.

Hey @Sam Mueller,

Like @Frank Wong said, the deal is pretty good for Bay Area standard. Hayward is usually 0.5% at market price.

Cash Flow will probably be very small compared to Midwest but as @Jay Hinrichs said, if you are in these areas, you aren't mostly looking for cash flow but instead banking on appreciation.

Many people say most of the appreciation in our market is already had and its bad time to buy to flip but other people beg to differ.

If the area is good (school/crime) I would consider it myself too but personally you are going to have to assess the area/market. If you don't predict correctly, you will probably lose out on some $$ for next couple years.

@Michael Tan

Unfortunately, I have other plans for today. Good luck !

Can't really complain about free knowledge sharing ! Will try to attend the next one.

@Nicholas Smith

Welcome :) hope you can reach your goal !

@Blake Edwards

Did you use big name banks like Chase/BofA or smaller ones?

@Blake Edwards

Looks great !

Always awesome to see OOS investing working out.

What is your team OOS made of?

@Todd Burton

Sure, I specifically asked for "B class" neighborhood so we will see !