All Forum Posts by: Cody C.

Rich Weese, I probably won't be able to make it up there on the 14th, as we are getting in pretty late, and have to be up early the next day... where in northern california? We live in Medford, just over the border into oregon.

Robert Adams, Jesse Tsai, John Jackson, I'll be in touch here before I leave!

Thanks guys!

Hey Folks,

I just wanted to bump this thread and see if anyone else was interested in meeting up sometime between the 14th and the 21st in las vegas, nevada? I'd love to take some time and buy you lunch or a coffee just to touch base and figure out what you are doing, and how I can apply it to my market!

Have a great day!

THanks,
Cody

A week ago I was experimenting with exporting all of the sold listings over the past year to determine areas to invest in, so I'm pretty comfortable with data mining and that sort of analysis. The 3/2 rule that J Scott suggested is clever... as is the square footage ones. I imagine if you actually had a 3/1 with enough footage, you could add a bathroom, and raise the sellability of it that way too

hey Jeremy Brandt,

That sounds genius! I actually am a broker, so the wording would have to be different, but that's a great concept that I can work with. thank you!

Does anyone have any good MLS searching tricks to find properties that are good investments? Here are the ones I can think off right off the bat:

1. High Days on Market
2. Cash or Conventional, or Owner Carry
3. Pending sales that fit one of the two above

We use Rappatonni here.

Anyone have any other good ones? I know there are a lot of realtors on here, so show me what you got!

Hey Chris DeHaan,

As far as the 20% goes, there are a few other options that immediately come to mind. If you can find a property that has some equity, but they still need to sell, you might be able to do a sub2, or if they own outright, owner carry (though there are some pitfalls there too.)
Another option that is pretty clean is a homepath loan. Homepath loans are awesome for investors, because they don't require an appraisal, and you can get in them for less than the 20% for conventional. (I'm sure it varies a little bit from situation to situation, but i've generally read 10% down)

Hope it helps!

Cody

Joshua Dorkin and Brandon Turner, Nice job guys. I'll be spending the afternoon reading through this. Looks like a great idea, and well executed. Thank you!

I'd love to see this. I would definitely be interested

I would be game! I'd love to do one of these =) Probably any topic.

Hi Bill Horton,

Alyssa Craft and I are brand new investors, mid 20s here, down in Medford. If you're ever down this way, shoot me an email or give me a call, I'd love to hook up and chat over lunch or coffee sometime.

Thanks,
Cody