All Forum Posts by: Jordan Sunshine

Aloha Hawaii,

Now that football season is over and everyone (hopefully) had a good valentines day and a bit of rest we are now back and ready to host events again! I hope all of you are ready to attend! There is a lot of stuff we will be going over during our event this week and I really hope you can find time to attend. I know it will be worth it for you and everyone you bring along with you!

We will be going over ways to find deals, how to evaluate them, (With examples!) Explaining why a deal might be good or bad for someone, Identifying possible strategies to make a profit as well as finding ways to joint venture with others!

But that's not all! we will also be going over how to get pre approved for your first flip and what markets (On Oahu) to start to target depending on your circumstances and what type of investor you want to be.

We will also be helping you create step by step plans on how to work towards accomplishing your goals as well as going over ways to be a hard money lender without qualifying, how to make money wholesaling and even ways to play the stock market to earn money for your first flips and so much more!

If you want the details to the event location you'll have to join our group on Facebook @

Contact me if you have any questions, Ill see you there!

ok well the cash out refinance is still not a very viable option. Do you already have enough money for the down deposit on your new place? Did you already talk to a loan officer about getting your current place assessed for rental price and seeing how much purchasing power you would have once they factor in your income from that property? Have you taken into account vacancy rates and water and electric costs as well as trash, sewer, internet and cable for your renters ontop of your mortgage costs and does it equal less than or more than what you would make from renting out your place? If it costs more are you willing to accept that loss per month ontop of your new mortgage until you can refinance your old mortgage to a lower price?

What honolulu mentor course are you talking about? The one from Mike Mazzella? If you are interested in learning even more (for free) i have an event coming up on the 19th from 3pm - 6pm and we can go over your situation and help you find out what path would be best to take.

Aloha Oahu!

As always we will be getting together on Sunday Feb 19th from 3pm - 6pm and talking about finding your WHY factor, Identifying your goals and dreams, helping you figure out the direction to achieve those goals and the steps you need to take to make those dreams a reality.

We are also going to be teaching people how to run the numbers on REAL properties as well as sharing the types of properties each of us are currently looking for so if someone wants to wholesale to us they can! If you don't think that is awesome enough we will also be identifying potential partners on possible deals we might work together in the future on, one of them might be with you!

We are always looking for more people with all types of experience or no experience at all to come join us, eat delicious food, and share intelligent conversations with! If you would be interested in joining us please feel free to either message us with your phone number and most commonly used email address or go to our BRAND NEW (Still being built) Facebook page and join! We will be posting all of our events, TONS of great information, and answering any QnA people may have about Real Estate, Business, Goal setting, Financial Issues, and many other topics!

Looking forward to hearing from you and seeing you at one of our events!

Mr. Sunshine and team :)

I'd be interested in knowing more information about your property if you would like to disclose that information and I can give you better guidance on what steps I would make if I were in your shoes. Obviously you would make your own decisions.

What city is this property located in?

How much did you purchase your house for?

What is the current equity in the home?

How many bedrooms / bathrooms?

What are your current rental rates for your house?

Would you be ok with renting out each room separately with shared living or would you want a single family in the house?

There are lots of other questions I could ask and I didn't even go into your experience in real estate or what you are looking to move into as your new primary residence. Feel free to message me privately and we can schedule a time to talk and I can speak further.

Jordan Sunshine

Aloha,

Me and my team are looking for multiple properties to invest in this year on Oahu (Hawaii) so if you just glance at the top one and its not what you have, keep reading! There is a lot of information to go through so please read through as much of it as you can and I appreciate you taking the time to read it all. :) If you do not see your deal fitting into one of the criteria below but you feel it is a good deal, please feel free to reach out to us anyways and see if we are interested in buying. Maybe it is something we have overlooked. (Sorry not interested in out of state or outer island properties)

Of course we will have to do our own due diligence before purchasing a property from you so please send us as much information you have on the property so we are properly informed before hand and give us enough time to do our own inspections and evaluations. Off market properties with direct contact to seller is preferred but not required.

Properties we are currently interested in purchasing:

1. Apartment units under 300k initial purchase price with under 50k repairs and a net profit of 50-75k after all parties are paid off.

2. SFHs around 700k or less with rehab of 100k or less for a net profit of 75k+ after everything is paid off.

3. multi family units or potential multi family units around or under 1.25 mil with rehab of 150k or less for a net profit of 100k+ after all expenses.

4. Empty land with ability to subdivide or CPR and build multiple new houses on. (Price negotiable, land must have already been inspected and approved for new residential buildings) Location/price of land, cost of build, and price of sale of each house also needs to be taken into consideration.

5. Commercial buildings (both residential and office) must have facts sheet with all expenses and income, vacancy rate, etc. Each commercial property will be looked at for current and end cashflow vs price. prefer 70% LTV after all repairs but let us decide if that number is possible.

6. Any properties that do not fit the above descriptions but you believe have great potential for capital gains or cashflow.

All offers will be assessed and we will inform you if we are interested in taking a deeper look at the property you are wholesaling to us. Property does not need to currently be under contract but seller must be interested in selling their property and willing to talk to us if needed.

Amount paid to wholesaler depends on profit margin of the house as well as if the wholesaler would want a lump sum up front or % of profit at the end of rehab. (% profit will always be higher than lump sum and can be written out as a personal payment with interest and points at end or whatever mutual agreement we decide upon.)

We look forward to seeing what properties people have to offer and look forward to doing business with some lucky wholesalers!

Feel free to message with any additional questions you may have!

Jordan Sunshine and Team :)

I think if anything this would just make apartment condo rents rise. long term us getting extra rents from our investments would be a good thing for investors here in hawaii. 

Obviously bad for thoes who dont own a property and now have to pay more in rent so property owners can pay that tax but id much rather see the children in hawaii have a better school system. On that note the money itself to our current hawaii government for our school system wont do jack $#!^ but once a new government and younger people start stepping in to the right seats we will see good use of that money. For now its just a burden until we get rid of our crappy hawaii government as a whole.

For any of the younger generation reading this in Hawaii, i strongly urge you to think about taking a seat in our government so we can slowly start to change our horrible hawaii ways. I know i plan on running when i get the funds!

Hey everyone!,

YOU DON'T WANT TO MISS THESE EVENTS!!!

I highly suggest you attend this months events about identifying your goals and dreams in life and figuring out how to accomplish them, these are CRUCIAL steps to success that no one should miss out on!

We will be going over:

Finding your WHY factor

Why you are doing what you are doing now

Finding out your goals in life and in the future

Creating dream walls

Finding out what motivates you

Planning out your goals in an order that makes sense

Breaking down goals into action plans

Turning action plans into reality

Creating good habits and eliminating bad ones

The 80/20 Rule

You are the average of the 5 people you most hang out with

How to imagine yourself succeeding before you even start!

AND SO MUCH MORE!!!

This month is going to be JAMMED PACKED with TONS of amazing information and if you have not attended an event with us yet I highly suggest attending at least ONE event and I know you will find tons of amazing value in it and will want to come back for more!

Remember these events are FREE and we DON'T SELL ANYTHING so this is pure information at its finest!

If you are interested in attending please send me a message with your phone number and most commonly used email and I will send you all of the details about this event!

I'll see you there!

Mr. Sunshine and team :)

Hey James,

From what you mentioned It seems like you have a few options. I'm not sure what your mortgage looks like on that eva house, where exactly its located, and how big it is, but I'm guessing by approximation if you rented it out you wouldn't be able to pay off your mortgage with just the rent alone.

You could either hold it for the year and try to sell it come next August for a little bit of profit (Hopefully closing costs don't eat it all away) but that's obviously not something you want to do. You could also rent it out and eat the cost of the extra mortgage until the equity rises but at that point you are gambling. You could try to dump as much money into the house as possible and then refinance to a traditional mortgage with low enough costs that you can keep a renter in their to pay your rent without you being negative in cashflow but you would need a significant amount of money and your contract would have to allow payments directly to premium.

There are still a lot of other ways but those are just some of the most common. I would highly suggest though if you have time today to come attend my event in Salt Lake, Hawaii (Near Ice Palace, and JBPHH) from 3pm - 6pm. We will be talking about financial education and Increasing your income while reducing your debt without changing your lifestyle (in very non traditional ways) There are also quite a few other Military people with multiple houses on their VA so part of what we will be talking about after for those interested will be exactly what you are asking, trying to help them find options to free up their VAs so they can invest more, some here on oahu and others in the states when they move back.

If you are interested in attending feel free to look at my profile for my cell number and send me your email as well when you text me and I will forward over the details of today's event asap.

Hope to see you there!

Mr. Sunshine!

In some cases it might actually be beneficial for you to buy a house on leasehold but only if you do it right!

For example, say I bought a house on leasehold with RIGHTS TO BUY in 10 years AT X PRICE! (Kinda gave away the whole reason why it would be a good idea xD) guess what I'm doing now. I'm effectively buying a house for a lot cheaper than I would be able to get it otherwise and I already locked in the purchase price after X years. This means that the person who sold me the lease hold is legally bound to sell me the property (If I want it) after X years.

Now of course if I did my math and all the numbers checked out and I could make money on the lease hold as a buy and hold property until the time of the lease is up then I buy the property and actually own it, now I can turn around and sell it as a flip and make large capital gains on it.

Now depending on the price of the lease hold you might be able to throw upgrades into the house and raise your rents but still cover your expenses and gain a good ROI so when those repairs pay themselves off you are now gaining more cashflow than before and when you go to sell the property you only need to do minor fixes if anything.

There are also other benefits to buying leaseholds again depending on the contract. If you have it in the contract where it says you WILL buy the property after X years then you are legally bound by that contract as well to purchase the property after those X years. Now you technically already own the place (after x years of course) and in some cases this is legal and others not so tread lightly but you can effectively fix up the property, increasing the value of the property, and turn around and sell a 2nd leasehold with option to buy but this time with a higher price then what your lease hold and option to buy is. (since you already said you were going to buy the property!!! <--- BE CAREFUL WITH THIS AND TALK TO A LAWYER)

This is technically a sandwich lease. As you are still paying the person who you are going to buy the house from in X years but now you have someone paying you a greater amount and they also have the option to buy in X years (Your X must be greater than the X you agreed to on the first leasehold) so to break it down in money terms... I buy a leasehold with AGREEMENT to buy (not an option) for 300k now and 600k in 10 years. I take a mortgage out for 300k now and start to pay it off while I improve the property. I've increased the value from 900k (300k+600k) to 1.5m due to repairs (for example) and I now turn around and put it on the market for 500k lease hold for 11 years with OPTION (or agreement) to buy at 1m (notice its longer than the first because I don't OWN the property until after the 10 years (this is where lawyers come into play technically selling something that isn't yours YET))

This now means you are paying a mortgage of 300k for 10 years BUT someone is paying you a mortgage of 500k for 11 years. You are also buying the property for 600k after 10 years and giving the person you are lease holding to the option to buy the property at 1m after 11 years.

There are TONS of other legalities that would take weeks if not months to talk about and sort out between you, the person you are buying from, the person you are selling too, and the HOA if you are purchasing a property on top of a property (for example a condo) but there is money to be made IF DONE RIGHT.

Please I highly suggest anyone with more extensive knowledge critique my post and iron out any of the wrinkles you may see in it and continue explaining if I missed any crucial parts. Again I highly suggest getting a lawyer for all of this and make sure you are doing it 100% right or you could royally screw yourself big time.

Hope that I've cleared that up a bit but I'm sure I've also made more questions as well XD sorry :P

I agree with the above. Everyone will think you are crazy or stupid until you actually go do it. The first one the might think "meeh he got lucky" 2 or 3, and more that you start bragging about (In a good way) people will start to take notice and ask questions and want in.

I suggest taking her to seminars or classes (making her read a book might work but only if she is willing) show her what you are doing and why you are doing it. explain in very realistic numbers what you want to achieve and how you are going to achieve it and the steps you are going to take. The more specific the better.

The easiest way to get into that conversation is just find a time when she is bored and ask her if she would be willing to sit down and listen to you and ask her POLITELY! not to talk until you finish explaining and if she has any questions afterwards to ask them and then at the end of your conversation you ask "what do you think? (Answer all her questions) Is this a good idea? (Try to show her why without countering her statement or else you might start an argument) Is this something that we can accomplish together? (Try to get her on board and tell her that you don't need her to do anything crazy, just give her opinion on what she thinks you are doing wrong or can do better)"

Hopefully you did a good job explaining it without making her bored and she got interested and had questions afterwards that brought her into the conversation and made her interested in what you were doing. Its going to be a constant dance between what she says vs what your investor mindset knows but if you show her why you are doing it one way and not her way (or maybe even why her way was better than yours!) she will slowly begin to understand and you are effectively teaching her at the same time ;)

Eventually that relationship will grow into her learning and teaching you things you might not know or have forgotten and you start to work together as a team rather than just her applauding you in the background.

Hope that helps!