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All Forum Posts by: Account Closed

Account Closed has started 12 posts and replied 280 times.

Post: Fha primary. Duplex second or primary

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172
Sounds good, I'd get that live-in multi-family then! If I can convince my wife to house hack again, that's what I'll be doing next year!

Originally posted by @Terry Garrett:

@Embert Madison jr

I'm aware if that I'll occupy one of the units and rent the others would be the plan.

Post: what would you do with $20,000?

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172

I'd wholesale or flip to get more cash.

Post: BRRRR Strategy - Cashflow after pulling initial investment out

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172

I'm interested in how much BRRR investors shoot for per door...

Post: Sacramento 4 Bedroom Condo

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172

WOW only $18k on all those renovations? Great job!!

Post: Dropped Out of College

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172
Congrats on taking the leap. If you're willing to work your tail off and delay gratification, RE will help you reach your goals without a formal education.

Originally posted by @Jalen Chanthaboury:

Greetings BP,

So I’m 19 years old, from the Chicagoland area and I’ve decided to drop out of community college couple of weeks ago. I realized that a traditional education wasn’t for me and it would hold me back from achieving my dreams.

I am now educating myself on real estate investing everyday and pursuing entrepreneurship full time. I currently run an e-commerce store that has been profitable from the jump (looking to build more) and I’ve got one wholesale deal under my belt.

My goals right now are to own a few cash flowing rental properties and complete a couple of fix and flips to raise capital. I am looking to build long-term wealth through real estate.

I CURRENTLY need help/advice on:

-Raising capital for deals

-Learning the art of acquiring properties with OPM

-An efficient way to find great deals

-Looking for potential investors with the funds to partner up for future deals (Ex. I find the deal and I present it to an investor looking to split profits if it makes sense)

Any help would be much appreciated!

Post: Broker’s License Education Courses Source

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172
I used First Tuesday as well!

Originally posted by @Mark Pedroza:

Here's the correct link @Aaron Moayed

https://www.firsttuesday.us/

You can also try this additional link that is local to Sacramento and Placer counties (and surrounding areas) as well.

https://www.accreditedncschool...

I have no affiliation with the above school link but they did assist me in obtaining my r.e license.

Good luck...

Post: Fha primary. Duplex second or primary

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172

You'll only be able to use the FHA loan on your next property if you plan to live in it.

Post: Whats your motivation in real estate?

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172

Financial independence and it's fun b/c it's a people industry!

Post: Precedence - State or County Rent Control Law?

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172

Sacramento, the city, passed rent control earlier this year. Just an FYI

Post: Warnings of Recession

Account ClosedPosted
  • Attorney
  • Sacramento, CA
  • Posts 300
  • Votes 172

In the words of the annoying Jim Cramer, "buy, buy, BUY!"

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