All Forum Posts by: Nicholas Coulter
Nicholas Coulter has started 12 posts and replied 664 times.
Post: New to the Game
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
@Mark Ito I am a multi time house hacker in the IE and SD. We should jump on a call together to discuss more!
Post: Considering Rookie Bootcamp
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
Quote from @Brenton Montgomery:
Hi I am new to Bigger Pockets and am considering the rookie bootcamp course but want to make sure I have adequate resources to successfully complete the course before I pay the tuition. How much capital should I be prepared to invest? I live in the San Diego area. Thank you
Hey Brenton! I am a house hacker in the SD area! Let me know if you would like to connect at any point!
Post: House Hacking in San Diego?
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
Quote from @Nadia Justo:
Hello everybody,
Could someone tell me wich are good neighborhoods in San Diego, CA?
Are there currently opportunities for House Hacking? do you think that is a good time to buy in San Diego?
Thanks :)
There are! I am currently hacking in Sd and have done the same for some clients! We should connect and I can help you narrow down your search!
Post: BRRRR in San Diego for new investor
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
Quote from @Cathy Fitzwilliam:
I am a new investor. I own 50% of one property and am interested in the BRRRR strategy. When I run the numbers on properties in San Diego, they do not cashflow positive, even if I had the funds to invest. I am looking for advice for newbies. Should I be looking for financing first or for a real estate agent? Is San Diego too tough of a market to start out in? Should I be looking at markets with a lower entry cost? Ideally, I would like to use the BRRRR strategy with a small multifamily to start. My partner is a contractor.
I always suggest finding an investor friendly real estate agent as they can be your gateway to all other connections! Let me know if you want to connect I am both an Agent and an Investor in the SD area.
Post: House Hacking Lease Example: By the Room
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
@Victoria Radcliff I have one for California
Post: First house hack property
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
@Zack Schlund go 4 bd 2 ba. One more room to make enough to cover this mortgage. Always willing to help if you ever want to connect!
Post: FHA loan for duplex on existing property
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
@Elizabeth Perales if you have a current FHA loan out you cant. If you dont you can! You can use it again and again as long as its 1 at a time and fits into the loan limits of your state and county!
Post: What is the Perfect Layout for Room by Room House Hack?
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
@Levi Dobson man I think about this all the time! Here is my wish list when im looking at a house for a client.
1. 5 bed 3 baths
2. 1 bd and ba downstairs or in the basement to get the master and this room at a premium for private bathroom
3. 3 car garage, add a small fee for parking in the drive way or garage to get more revenue! then youll have 2 cars on the street which isnt too bad!
4. Small dining and living room with a lot of counter space in the kitchen. This will help not have a lot of people piled on top of each other in the kitchen and also no one will want to linger in a small living room!
Post: Eviction experience in Escondido (San Diego County)
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
@Anthony Salazar just met with an investor today that said it took 10 months for resolution after he served notice to his tenants and it was a total nightmare for him... Not trying to scare you off but this is what was shared with me today.
Post: Rent Increase Question in CA
- Real Estate Agent
- Southern California
- Posts 680
- Votes 281
@Jane H. here is a link to the answer! https://www.google.com/search?... In short it looks like you can raise it twice a year but it cant exceed te yearly cap of 5% plus inflation according to AB1482