All Forum Posts by: Jeremy Billauer

@Sean Hurwitz 

Hey Sean, I have a couple people I could connect you with. I'll PM you some of their contact information.

I've been looking in my target area for about 6 months now (all on the MLS because I have access) and haven't had one opportunity show up where the numbers work out.

However, last week I found a short sale on the MLS that definitely warrants more investigation. Ran the numbers with market rents and it actually cash flows in LA (Don't say it can't happen). I contacted the agent to find out some more about the property and she notified me that her client is trying to get a loan modification.

Can someone explain to me what happens if he doesn't get approved for the mod and what my best plan of attack would be to possibly move forward with this property?

So far I drove by the property and the outside looks like it needs some minor cosmetic repairs and some landscaping work. Considering telling the agent that I want her to represent me (I have my license and work in a real estate office so I didn't originally contact her from that angle). Do you think she would be more cooperative if I approached her that way?

Thanks in advance for any advice/input

@Daniel O. Congrats on the raise!

Hi @Jessica Hanza 

Yea just like @Tawnie Smith said CAA is a great resource. I've also recently heard about cozy.co which is a great site for landlords. It helps automate a lot of the duties of a landlord. I'm not sure if they have anything regarding the lease agreement. I haven't had time to really explore all their features. But definitely would be something worth looking into. It's also totally free.

Best of luck

@Brandon Turner Got excited and replied before I read the thread. Signed up to receive a replay tomorrow.

Thanks again!

@Brandon Turner Would love to attend but unfortunately will be at work til 6 pm. This is perfect for my 2015 goal of purchasing a 4-plex. Any way to get a copy of the slides? 

Thanks,

Jeremy B. 

@Jeff T. Welcome! Glad to see some more locals jumping on the site.

I'm mainly looking at the Westside and would be happy to chat if you would like

@Michael Gray Welcome and Happy 2015. BP will help you make it a prosperous one.

@Logan Allec I'm currently looking to do the exact same thing. Can I ask what part of LA you are looking at? PM and lets chat.

@Sean Hurwitz Welcome! And Happy 2015

I used Allied to get my CA license about 1.5 yrs ago and really enjoyed their systems. I had my CO license prior so had a good amount of the hours done already. Anyway, their cram course/DVD definitely helped. Passed the test easily the first time. And I think it comes with 100% money back guarantee if you don't pass.

I'm open to chat anytime. Mainly do stuff on the Westside.