All Forum Posts by: Josh July

 Looking forward to meeting you 

@David Oldenburg  and your real estate group.

Thank you for sharing your knowledge and being part of the BP community. If you need to reach me for any reason you can get ahold of me by phone or text 916-589-7338 or/and [email protected]   

Like @John Woodrich said if its a really old garage that doesn't have much life, then if I was you I would tear down and rebuild with electricity. Also, I think that even if you don't get higher rent you will most likely have more grateful and possible long-term tenets if your garage is hooked up to power. Think of it this way would you rather have to open your garage everytime you would like to use it or would you rather push a button and have it open itself? Happy tenets=pottentually long-term leases and higher resale value

Real Estate LLC - Does It Work For Real Estate Protection? 

 https://www.youtube.com/watch?v=0Ij2oRmz35o

Do you need an LLC for real estate? Does it really protect you, and what can happen to you if you invest in real estate without using and LLC?

What do you think? thoughts

I should have held on to it and sold it, instead of handing it over to the bank during the financial meltdown!

Why not try to put them on a payment plan if they are paid 2 times a week,  you can charge half the rent after the first 2 weeks and a half the rent after the second 2 weeks? Might be something to consider... 

I would see if you can barrow from family or friend before you consider getting a loan because your "down payment loan" will make the banks think you are extremely risky and they would think that you should not own a house. They are likely deny you for a loan.

@Andrew Schoenberg 

BiggerPockets Podcast 238: Becoming a Real Estate Millionaire on a Teacher’s Salary with Michael “Swanny” Swan

Is it possible to invest in real estate if you live in an expensive market—and earn a teacher’s salary? According to today’s guest, it’s not only possible, but it can be incredibly profitable! Today’sguest, Michael Swan, is a P.E. teacher who lives in San Diego but has used the valuable real estate concept known as “trading up” to acquire millions of dollars in real estate. You’ll learn why Michael liquidated his entire retirement plan to buy his first few deals, the truth about “luck” and real estate, and some fantastic tips for buying and managing properties—even from a distance. (And if you work a full-time job or make less than $100,000 per year, this show might just change your life!

me personally I think that the retail business is going to slowly decline over the next decades because as prices rise due to inflation and the rising operating costs- means tenets will no longer be able to keep the operation open due to the constant decressing rates of return for business's. If thier isn't enough profit than they will move out and thier products will be sold at big box stores like walmart and even online since thier marginal cost is so small. If I was you I would buy a multifamily in a c+ B area as long as it cash flowed nicely

Good thing we are going to bring back @Grant Cardone back to celebrate this joyous celebration! I can not wait to hear him again because he is truly inspirational. Long live BP #BPNATION 

Near Baseline and Walarga road they are also building a brand new shopping center and 500+ new homes, I think that the location is absolutely prime. I am guessing that the property will sell for a minimum $420k for a 1400sqf home. I have a feeling that they are going to build a lot more Townhomes instead of houses. I think that they might be a good rental because right now you can get $1800 for a 1500sqf property*, but right now rentals in West Roseville are absolutely prime since nearly every home with tenants are being sold off while the market is hot.

*but with all the new supply I think people might choose to buy instead of rent depending on how much the new property sell for, although I am sure you will find renters regardless of the supply 

@Pavan Sandhu