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All Forum Posts by: Joe Sillaman

Joe Sillaman has started 12 posts and replied 132 times.

Post: Aloha

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

Wow a $200K profit on a Hawaii Foreclosure...When did you buy? Best of luck to you guys in AZ!

Post: Aloha!

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

Aloha Vasana,

I'm an Agent in Honolulu, Hawaii. Let me know if you need help out here? As you know flipping is tough as Johnny pointed out here but do-able. I have experience in vacation rentals and and out of state long-term buy & holds.

Best of luck to you!

Post: Desktop Recording Software

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

I downloaded Camtasia which worked out fine but when I uploaded my video to Viemo it came out with poor resolution. But when I play as a mp4 on my desktop the video as great resolution. Can anyone help me out with telling me how I can make the Viemo video have better resolution? I have the basic free Viemo subscription, does that have anything to do with it?

Any help is greatly appreciated!

-Joe

Post: Realtors, Any luck marketing online?

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

Ok true I went overboard with the postcard comment. But as a new guy I wouldn't waste money on postcards (I have already, lots of money lol). Nearly all social media avenues are free. All it takes is engagement with people online by offering them sincere value added content.

Post: Realtors, Any luck marketing online?

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

I'm a newer Agent, but actively messaging people about Real Estate opportunities within the social media realm has garnered interest. Create your social media profiles, offer useful information, provide useful content. Then directly message people to see if they're be interested in buy or listing. It's probably more effective than direct mail. People throw postcards away but they're really interested to see when someone's messaged them in social media.

Post: Possible to "Rehab" remotely?

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

I'm looking to do the same thing. I own rental property out of state and am looking to sell it and flip. Any input is greatly appreciated. I know it starts with a solid team you can trust. I'm assuming you'll have to set your team where they can provide checks and balances to each other.

Post: List of Agents with Locations for Referrals etc.

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

Sounds good!...Focused on sales in Oahu, Hawaii

Post: San Diego Novice

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

Rehabbing Guru's, Fortune Builders is based in San D. Those are the guys who had the TV show Flip This House on A&E. They flip like crazy out there. But don't get pulled into their mentoring programs they're very pricey and all the info with them you can find here on BP!

Post: No Cash Flow Properties in my Market (CA - OC/LA)

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

I know exactly how you feel, I live in Honolulu HI. I've decided the only way to make decent cash flow is to buy a vacation rentals or out of state which I bought in Alabama and so far have been able to pull positive cash flow. Out of state investing is risky but if you are determined to build a solid team you can make it happen! If you can afford it fly out to good chase flow state and develop the team! Then once all is set up manage from a distance. it's tough but not impossible.

Post: Newbie from SF Bay Area (California)/Honolulu (Oahu)

Joe SillamanPosted
  • Ewa Beach, HI
  • Posts 145
  • Votes 42

Aloha Ally,

I'm an Agent/Investor/Air Force Reserve O-3 in Oahu! It's funny because you just so happens that you live in some of the most expensive RE markets in the country. It'll be difficult to find anything cheap. More money is required raising the risk level. But being in a Hot Hawaii market that sells it self, active military with great pay, and with drive in RE investing you can certainly press forward with acquiring good cash flow/appreciation based investment property. You can buy and hold using your 0% down VA loan as long and live in the property at least 1 year which is what I did with my vacation rental. I recommend buying on island ASAP, local economies project Median SFH prices to reach $800,000 in a few years...Currently Median SFHs are $629,500. Historical data has shown SFH prices double every 10-15 years. Foreign investors from Asia, newly opened air routes, and increased marketing are boosting visitor rates...Every day 38 people come to Hawaii to plant their flag! Hopefully you can dig in an make some serious money!