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All Forum Posts by: Jeet Sangha

Jeet Sangha has started 64 posts and replied 229 times.

Post: Line of Credit On Rental Properties

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

Hello BP,

I currently have 8 residential rental properties with approx $5M in equity. I do not want to refinance them because I have low interest rates on all. However, I do want to access my equity to purchase more properties. I am looking for a lender that does consolidated line of credit or a commercial line of credit. I'd really appreciate it if you have great referrals for me. 

I'm open to other ideas as well that can help me tap into my equity. 

Thank you so much for you inputs,

Post: Investors in my area

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

@Nathan Rutledge

Hi Nathan, PM me and let's talk

Post: Why invest in expensive areas like SF?

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

I always read investors trying to invest out of state because California is so expensive or the margins don't work out as a rental. SF and surrounding areas have a huge rental market. There are many landlords and flippers who are doing just fine investing in an expensive market like the Bay Area. If you flip a $1M house with just 15% ROI that's $150k from just one flip whereas a $200k flip in a different market will net $30k.

I would love to hear from investors in expensive market places make a case for investing in high end markets. Why do you prefer to flip or rent in expensive regions like SF, LA, NYC etc?

Post: Real Estate Tax Attorney

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

basically to find ways to reduce taxes and be more tax efficient. Someone who can also help with forming a trust. 

Post: Real Estate Tax Attorney

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

Hi BP club!

I'm seeking recommendations for a real estate tax attorney in Bakersfield for my flips and rentals. I will greatly appreciate any good recommendations. 

Post: Creative Marketing Ideas

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

having a youtube channel and posting content about deals you're currently doing. 

out of those which marketing strategy is working out the best for you?

Post: Investors in my area

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

Hi Juan, Pleasure to meet you! I knew I'll find at least one person in the area lol 

Post: Investors in my area

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

I've recently moved to Gilroy CA. I have yet to meet any investors or agents on BP that are from this area. If you're in Gilroy, Hollister, or Salinas market. I'd love to connect with you and hopefully have a lasting relationship. 

Looking forward to meeting you all!

Post: Golden handcuffs officially removed

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

Inspirational!! 

Post: Invest 50K in CA preferably close to Bay Area

Jeet Sangha
Posted
  • Realtor
  • Gilroy, CA
  • Posts 255
  • Votes 73

find a good deal don’t think you can’t invest in pricey market with only 50k. Money will show up if there’s a great deal!