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All Forum Posts by: Fernan Nava

Fernan Nava has started 11 posts and replied 127 times.

Post: Amazon HQ2 - REI Opportunity?

Fernan NavaPosted
  • Rental Property Investor
  • Barstow, CA
  • Posts 130
  • Votes 102

This is my opinion, remember m looking at this from a political prospective because  I think for Besos is bout more than money. In fact my bet is on Texas. Because Texas with its distinctive culture and its size, is a very influential state in the country n it tilts to the right n liberals don’t like competition, so they would love to have Texas go the way of NY and CA, they would love other states too but Texas is the big prize. I don’t meant to get to political but I just think that for guys like Besos  n the other guys at apple n Google. Their ambitions are way beyond just money.

Post: Amazon HQ2 - REI Opportunity?

Fernan NavaPosted
  • Rental Property Investor
  • Barstow, CA
  • Posts 130
  • Votes 102

Not sure if this site allows betting, but this would be the mother of all bets. Where will amazon build hq2? Besos is a pretty liberal guy, he’s out to change not just shopping but the world as well. Now they, liberals already own the coastal states so my bet is a flyover state.

Post: Buying a property backed up to the freeway

Fernan NavaPosted
  • Rental Property Investor
  • Barstow, CA
  • Posts 130
  • Votes 102

I think is all in the numbers. Depending  on the noise level, the view, it will affect the marketability of it, just figure those  factors that in ur opinion will make it harder for u to rent it. Now is kind of an art rather than a science to put numbers on those items but do the base U can based on experience. Many investors figure bout 10% for vacancy. Work out ur numbers based on 20% vacancy, that will give u extra cushion for the extra work needed to rent it. In my opinion many renters will expect a house back up to the freeway to b cheaper.

Post: Buying a property backed up to the freeway

Fernan NavaPosted
  • Rental Property Investor
  • Barstow, CA
  • Posts 130
  • Votes 102

I think is all in the numbers. Depending  on the noise level, the view, it will affect the marketability of it, just figure those  factors that in ur opinion will make it harder for u to rent it. Now is kind of an art rather than a science to put numbers on those items but do the base U can based on experience. Many investors figure bout 10% for vacancy. Work out ur numbers based on 20% vacancy, that will give u extra cushion for the extra work needed to rent it. In my opinion many renters will expect a house back up to the freeway to b cheaper.

Post: Do You Raise Rents Every Year? Why Or Why Not

Fernan NavaPosted
  • Rental Property Investor
  • Barstow, CA
  • Posts 130
  • Votes 102

like everything else is a game of give n take. The more increases to rent the more likely that it is to loose a tenant. Then ur expenses to get another tenant erase ur gains of the rent increases. At the  same time u don’t want to leave money in the table if u don’t have too. I think the best way to handle it is to know ur market as best as possible: that will allow you to know when to raise rents n when not to. Is actually quite simple to know the market when u being at it for a while.

How bout  a separate section for 18 and under, where adult members  can mentor n teach the under 18. 

Post: Who is THE eviction attorney in your state or area?

Fernan NavaPosted
  • Rental Property Investor
  • Barstow, CA
  • Posts 130
  • Votes 102

Looking for one in the high dessert area in CA