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All Forum Posts by: Juan Michael

Juan Michael has started 3 posts and replied 78 times.

Post: ALT A Crisis

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39

Christopher,

Please explain.....................

Post: ALT A Crisis

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39

Quick question gentlemen

What are some proposed options that will allow us to maximize our position, now that we have this information?

I'm still relatively new to this industry (2yrs)....... let's throw some ideas out....... :D

Post: Attorneys and Subject To

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39

GREAT THREAD !!!!!

I have learned a great deal here........ Thank You All.

As for CA RE sub2's and double closing open a real can of worms. I STAND CLEAR....... even though it used to be common practice. I LOVE ME FREEDOM ...

You know the saying " 1 bad apple and alll that ....."

But thanks again for the info.

:superman:

Post: Hello from California

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39

WELCOME! Diana.........

Josh is correct ...... I've found ooodles of help for my business and mindset as it pertains to my overall success.

Good Luck ! :groovy:

Post: Hello from Utah

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39

Welcome.............

This is a very good place to share and learn. Feel free to participate and share with the group......

Tell us a little about yourself !! :groovy:

Post: Hello from L.A.!

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39

Welcome.............

This is a very good place to share and learn. Feel free to participate and share with the group......

Tell us a little about yourself !! :groovy:

Post: Why don't wholesalers just get a real estate license?

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39

Nice questions Minna

DITTO !!! :shock:

Post: Why don't wholesalers just get a real estate license?

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39

Richard is right ! here is what i posted to a similar type of post:

Originally posted by "Phatdizzle":
At least in CA........ As a licensee you are REQUIRED to disclose that in all RE transactions you are a part of. Once you reveal that information, in my opinion, the person you are dealing with may feel you have an UNFAIR advantage in the transaction. DRE will in most cases feel the same way. This may cause the person to back away from you especially if the person realizes they are not as seasoned as they thought. Most people in a DEAL like to feel as if they are dealing from the most adventageous position. I guess what I am saying.... It does not give you the opportunity to play what I call " Country Dumb".

Hope this helps to clarify what I mean. :groovy:

See link of entire post : http://forums.biggerpockets.com/viewtopic.php?t=18771&highlight=

Post: Investing in Atlanta

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39
Originally posted by "JasonScott":
I plan to focus my investing on multi-unit residential properties (10-30 unit apartment buildings) to start. My investing goals will be a combination of long-term buy-and-hold (to replace income for eventual retirement) and finding value plays where I can increase NOI short-term (1-3 years) for relatively quick profits and cash-flow.

I'm in the process of moving to Atlanta from Silicon Valley (where I've been in the tech industry for many years), and am currently building my investing team. I've found my CPA and Attorney, and am open to recommendations for good title companies, general contractors, property management companies, and commercial real estate agents.

I'm finishing up my business plan now, and my goal is to spend the next couple months getting familiar with the local areas, and then start acquiring properties.

Just curious, What would a unit this size cost in ATL ? 10-30 units

Post: New Member Welcome Wagon - Round II - GET INVOLVED!

Juan MichaelPosted
  • Commercial Real Estate Agent
  • Los Angeles, CA
  • Posts 148
  • Votes 39

I'll do what I can........