All Forum Posts by: Terence Nash
Terence Nash has started 4 posts and replied 41 times.
Post: Freedom !! Freedom!!

- Investor
- Nipomo, CA
- Posts 42
- Votes 9
Why type of combination lock are we talking about here? Brinks, Master Lock ...?
Post: New Military Investor in Connecticut with roots in Michigan.

- Investor
- Nipomo, CA
- Posts 42
- Votes 9
I was in the Nuke field in the Navy for 10 years. I now work in a commercial nuclear plant.
My transition out of the Navy was perfect. I had a great experience. If anything, I wish I would have started my civilian career at a commercial nuclear plant a lot sooner.
Also, if I can look back, I wish I bought more properties while I was in the military, I only bought 2 and stopped. I feel like I am catching up now. I have 10 so far but I should have about 15 to 20 if I worked on real estate investing a lot harder.
Post: New Military Investor in Connecticut with roots in Michigan.

- Investor
- Nipomo, CA
- Posts 42
- Votes 9
Welcome Brad. I was also in the Navy for 10 years. Its nice to see Active duty members on this forum. I wish BP existed back when I was in the military. I probably would have more properties by now.
I am a veteran. I invest in properties. But I don't think it makes me a better option than the next person. A track record of your investing is probably a better way to measure whether you would be a good candidate or not.
If I had a 9-5 job then I would have even more time to do real estate.
I only work 40-72 hours a week. There is a total of 168 hours a week and I only work less than half of that. There is plenty of time to do research.
I work a full time job. Anywhere from 40 hours to 72 hours a week and I still invest. It's my job that allows me to invest in real estate. I am up to 8 properties now (not including primary residence) and I buy 3-5 properties a year (goal).
If it weren't for my career, I would have to find creative ways to finance properties.
Post: for sale by owner? can buyer use realtor?

- Investor
- Nipomo, CA
- Posts 42
- Votes 9
I just did a deal with a for sale by owner and they did not pay the buyer's agent fee. I ended up picking up the tab. I like my relationship with my agent so I saw it fit to take up the fee if it is not covered by the seller.
Post: What is the difference between condominium and apartment?

- Investor
- Nipomo, CA
- Posts 42
- Votes 9
I have always thought that condos are a part of a building that you own and have a deed to while an apartment refers to an entire building where the owner(s) own the whole building.
But every once in a while, I hear that someone is selling an apartment. I assume he is selling an entire building. Instead, he is referring to a single unit. Are both words universal?
Post: Avg Purchase Price Vs. Avg Rents in Your Town

- Investor
- Nipomo, CA
- Posts 42
- Votes 9
Nipomo California (Central Coast) a house about $400k +/-50k will rent for about $1800 to $2200. Average house 3-4 bedrooms and 2-3 bathrooms.