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All Forum Posts by: Isaac Guzman

Isaac Guzman has started 4 posts and replied 74 times.

Post: Newbie from San Diego

Isaac GuzmanPosted
  • Investor
  • San Diego, CA
  • Posts 78
  • Votes 40

@Timothy Cannella - Welcome to BP. As a fellow San Diegan its always encouraging to meet new investors like myself. I would second @Brandon Turner about the keyword alerts. That is actually how I got to your post (keywords setup for SD). 

Hopefully we will run into one another here and local networking events. 

Post: Hey bp nation!

Isaac GuzmanPosted
  • Investor
  • San Diego, CA
  • Posts 78
  • Votes 40

Welcome @Anthony Graham I am in a similar situation as well as in San Diego. I will be focusing more on the south bay (Chula Vista, Bonita, Eastlate...etc). There is so much help and if I have learned anything, don't be afraid to reach out to people. Most on BP are very responsive and extremely helpful. 

Post: Starting to Wholesale IN OC. Cali...

Isaac GuzmanPosted
  • Investor
  • San Diego, CA
  • Posts 78
  • Votes 40

@Jeanette Solorio I too am beginning with Wholesaling. I would recommend taking some time to properly define your criteria. List making can be fun but also timely and inefficient without predefined criteria.

Consider what cash buyers are paying in that area. Those are the people who will ultimately get you paid. What are they looking for in a property? If you know this, you will have better results when you start making a list. 

@Don Coumbs I too made adjustments due to the fact that my wife was starting (an now is in) grad school. I am so grateful for BP because of members like you and everyone else sharing their stories. It helps reaffirm my sometimes "uncool" perspective and see what the future can look like. 

There isn't much I can add but I completely agree. I still drive a 2002 Honda Accord and plan to keep using it until it dies. Just makes sense to use it on assets that bring cash flow or appreciate. I grew up "poor dad" so learning to be frugal was a process but is paying off. 

Great Post!

Post: For The Newbies - Welcome

Isaac GuzmanPosted
  • Investor
  • San Diego, CA
  • Posts 78
  • Votes 40

@Kenneth Stump I would listen to the podcasts. They have a wealth of knowledge and cover a variety of topics. Especially good if you don't have a specific niche to which the assignment correlates. Welcome to you and @Account Closed 

Roy, thanks for the serious schooling on this deal. Good luck on this purchase Nichol. Keep us posted please. 

Post: Using a private investor IRA to flip a house

Isaac GuzmanPosted
  • Investor
  • San Diego, CA
  • Posts 78
  • Votes 40

Thanks @Jon Holdman Great information. I was actually wondering the same thing. I don't have a specific property lined up but have a few friends who are looking to make more than their current IRAs are making and I now feel confident in suggesting this as an option. Thanks again!

Post: Who has started or makes their money off of the low income areas?

Isaac GuzmanPosted
  • Investor
  • San Diego, CA
  • Posts 78
  • Votes 40

@Michele Fischer Thanks for the insight and the realist view. Everyone else as well, but I like your outlook on the problematic areas typically associated with low income investing. 

Post: Is this a good candidate for owner financing?

Isaac GuzmanPosted
  • Investor
  • San Diego, CA
  • Posts 78
  • Votes 40

Great stuff @Brian Gibbons taking the position of a financial planner seems like a great route to go and I will definitely start using that mindset as well. 

@Jason Pachomski Good luck and thanks for the post, it helps us all.

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