All Forum Posts by: Kendall Green

Welcome @Stephen Smith. Redlands is a great place. If you and @Daniel Travis meet up count me in. I would love to hear about his experience investing out of state.

I tried to do the exact same thing with no luck. However I don't reach out to that many different lenders. Good luck.

I had the same question when I was moving last year. The question I asked myself was "If I wanted to buy a rental property would this be what I would buy?" That should help you make your decision.

I didn't buy one on my primary residence that I purchased in January. My AC broke a couple weeks ago during 100 degree plus weather while my wife was 9 months pregnant. I regret not buying the warranty although any delay while fighting with the insurance company would not have been acceptable. I would have had to find a new wife as well as a new AC unit. It cost over 6000 for a new unit. Just something to think about.

This is a good question. I'm hoping some others with more experience will reply. I'm sure it depends on the deal and what you are providing. If you are providing the funding for a deal, the money should "cost" your partner an amount that is fair for both of you. I've heard it said that there is more money than deals so you might want to see what else you can offer.

I've looked a lot in Southern California. It's hard to find anything on the MLS that will cash flow. I'm sure it's possible but you will probably need to find creative ways to get the properties for cheaper or find a way to increase the rents. I would look into doing short term vacation rentals. That might help you increase your rents and help you avoid some of the tenant friendly laws on Ca.

I didn't receive it Zach. Thanks!

[email protected]

I would like the details on the seller financing as well. Thanks!

I know a couple of investors who do flips out in the desert who might be interested in this property. Can I ask what your role is in this deal?

Thanks!