All Forum Posts by: Hersh M.
Hersh M. has started 58 posts and replied 280 times.
Post: Amazon HQ2 - REI Opportunity?
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
No takers for Mexico? Lol.
Post: Now this is ridiculous: $782,000 over asking in Sunnyvale
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
Post: Newbie Looking To Invest Out Of State
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
@Sunitha Rao Welcome to BP. Good to see a tennis star here. :)
Post: 0-25 units in four months and it all started with Bigger Pockets!
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
Originally posted by @Collin Schwartz:
Hersh M. I use commercial lending. It allows me to purchase using an llc, often times no appraisals needed, and much quicker turnaround.
But arent you worried about rate risk after 5 years?
Post: 0-25 units in four months and it all started with Bigger Pockets!
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
@Collin Schwartz Congrats!! Why 5 years fixed and not 30?
Post: 2017-18 Housing Bubble?
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
Originally posted by @Russell Brazil:
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch
Post: what do you think of this Denver downtown MFH
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
@Diane G. Are you active or passive investor? From what I understand @Account Closed is highly active. :) Just 2 different approaches.
Post: Any REIT investors/traders here on BP?
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
Originally posted by @Diogo Marques:
The only REIT i look at is the one with companies from Sam Zell.
They have to pay 90% of the earnings but you don't have a way of trusting the manager. Sam has a solid track record. You have to understand that REITS are not a real estate investment. It is a stock you have absolutely no control of.
Are they publicly traded? What are the ticker symbols?
Post: Any REIT investors/traders here on BP?
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
Would like to connect and discuss ideas. VNO got hit this past week. Are you buying? How about NLY?
Thanks!
Post: Foreigners snap up record number of US homes
- Engineer
- Carlsbad/San Diego
- Posts 285
- Votes 97
Originally posted by @Chris Mason:
I may have taught one or two of them, or maybe a few more, what it means to "season funds" so they could leverage & get a mortgage. Whoops.
Lol. BTW, from what you have seen, what is the main motivation for these folks to invest here? I would assume lot of these purchases are all cash for wealth sheltering, right?