All Forum Posts by: Keeya WangJones

Hi, Does the presidential election have an impact on the Buyers and Sellers market? Does inventory increase or decrease or no effect-stay the same? Has anyone see a change over the years during the presidential election before and after a president is chosen? I'm in San Diego and I wonder if inventory will increase or decrease. Cheers, Keeya

Kevin Fox hi what is the name of the Meetup for 9.24.16? I would like to go!

Joel Owens Thanks for the advice and education!! Brokers that are in high demand... Can you clarify "being ready to go"? Not sure, I understand the statement.

Justin R. I would love to chat with you more! 8 years! So you were able to live through a couple of recessions in the market. I would love to hear about your experiences and strategies. I will look into the meetup that Kevin Fox spoke of and if you have a few minutes to chat that would be great! Engineers unite!! I'm actually in the middle of a big release so late nights for me until October. Fixing UI and UX workflow bugs. :)

Kevin Fox yes yes I would love to look into signing up with Sandicor! Just last night I was reviewing the numbers on Sandicormls.com. I am currently working on a model in excel and using DealCheck app. That way I can stay focus on the number goals. I am trying to avoid deadly mistake #1 emotionally loving a property before I crunch the numbers. I also want to know more about zoning restrictions because I may see a Triplex for starting out and could possibly build a live able unit in the back of it. My options are open as long as I get creative. Creativity comes with restrictions especially in SoCal where we have a variety of properties built from the 30s, 50s, 80s, 90s, and now. I would love to join and partake in the meetup discussions. I have confidence that this time next year, we will have a Multifamily. I just need to make sure it is not a rush decision and first the numbers have to work out for today and tomorrow. Cheers, Keeya

Danielle Hanson thank you for the info and congrats on getting your license. I will look into realestateexpress.com and weigh my options. My goals are very concrete and small for now. The first Multifamily purchase is my learning point and hopefully will transition into a home community for my family with a plan to transition that Quadplex in 2018. Well, with 1 spare unit to rent out. The second to third property purchase will be solely cash flow and equity. Real estate license maybe a great option. Thanks for sharing! And super good luck with your first flip!!

Hi, I have a trust worthy agent but should I also be talking with a broker? I am guessing brokers have access to properties also before it goes on the market. What are pros and cons with working with a broker? Especially for Multifamily purchases? Anyone from San Diego? Cheers Keeya

Dylan Tanaka I will look into the costs of real estate licensing. I wish I could just pay a small fee even if it is monthly to see MLS listing. That is really what I need the license. I don't want to own a ton of units. I love my full time job. But as a goal 1-2 Triplex and Quadplex within the next 5 years for cash flow. MLS will give me heads up on what is on the market. How do you find listings that are not on the market yet? Is that when wholesaling comes into play?

Scott Hollister thanks for the sound advice! I' creating a model in excel so that I can easily crunch the numbers. I also paid for an app: DealCheck from the Apple Store! My real estate agent gave advice on buying a Quadplex to get our dreams going in the right direction. She helped us do a quick cash purchase on a starter home. We wanted to keep our loan history of real estate to be first time homeowners because we know we need the benefits to purchase the multiunit. What are your thoughts about buying Quadplex or any Multifamily property through wholesale. I am listening to BP podcasts for the pros and cons. Is it true that the market price first started as a wholesale? And is most wholesales fixer uppers, because that changes my ROI strategy. More cost in fixing up a home/building + the purchase price which effects my cash flow. Any advice regarding wholesale purchases for multiunit vs traditional loans 30 year fixed.

Bac Nguyen I will be there to learn more. I'm in San Diego. First-time investor.