All Forum Posts by: Jordan Alexander
Jordan Alexander has started 8 posts and replied 105 times.
Quote from @Dorothy C.:
Quote from @Jordan Alexander:
Go with Chase! They are easy to use and they let you know if something weird is going on with your account.
Can you use Zelle on the Chase business account?
Yes you can!
This is an eye opening post! I'm actually in the middle of joining a mentorship as I'd like to be around those who are like-minded like me and have the will to constantly learn. Thank you for sharing!
Post: Imagine you had Marty McFly's sports almanac
- Posts 106
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Population growth, diversity of jobs, and rent growth.
Post: Looking to Invest in first rental property. Needed advice
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Use the "Find An Agent" tab on BiggerPockets and connect with a investor friendly agent in your area!
Post: House hunting for primary residence
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Post: Auction property - foreclosed due to HOA - try to bid or stay away?
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I have heard a lot of seasoned investors try and stay away from properties that have an HOA, but I think it all depends on what your comfort level is. What did you end up doing in the end?
Post: How I became a real estate investor, you can too
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Great post @Josh Young! Buying properties that cashflow from day 1 is very important as you will not be able to last long if they have negative cashflow. We have to control our variables. Awesome job!
Post: Sober Living Homes, New Jersey, Looking for Guidance
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I would do some google searches and see if you can find any sober living facilities in your area. Tell them you would be interested in having the property be a sober living facility and ask what they need from you.
I would talk to a CPA and see how that would work with taxes. I'm assuming you would have them in separate LLCs, but tell them exactly what you want to do.
Post: Seller Financing contract
- Posts 106
- Votes 39
Quote from @Cody Wageman:
Hey @Jordan Alexander. Thanks for the input. We got the agreement changed so we own the property now. We didn’t like that option they originally offered and we got the regular financed deal like you mentioned here. If all goes well we officially close next week
That's wonderful news Cody! So happy for you guys! I agree, going through a promissory and a mortgage or deed of trust is better as it gives security to you as the buyer since your name (or LLC) is on the deed. What are the terms of the deal?