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All Forum Posts by: Shawn Ward

Shawn Ward has started 27 posts and replied 580 times.

Post: Help I feel like I am stuck!

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

@Matthew Michels sorry to hear....as you say...long game is the key. Keep pushing...you'll get some traction soon. 

Post: REI Golfers in Los Angeles?

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

@Victor Argueta and @Aaron Friedland please DM me w/ your email and cell and I’ll get you info for our next outings. 

Thx!

Shawn

Post: New Member/house hacker - Los Angeles CA

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

@Michael Phillips welcome and congrats on the place in Echo Park. Great hood. 

I'm a flipper who's also getting into VRs. 

We can link up in the city if you want, DM me. 

All the best!

sjw

Post: Is staging a small & inexpensive home really worth the dough?

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

@Michael Kiley we are in LA, so this may be a bit more than your market, but we pay bout $3.80/sqft on average for our staging. Our staging company is really good. 

All the best!

sjw

Post: New Investor Saying Hello

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

Welcome!

1. Get to as many Meetups as possible. Search on meetup.com for meetings in your area

2. Connect w/ REI peeps on LinkedIn

3. Find a few local investors and link w/ them at their projects. 

Onward!

sjw

Post: Help I feel like I am stuck!

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

@Matthew Michels 1. go to as many Meetups as possible. search your area on meetup.com for REI meetings and link with agents and wholesalers 2. go to BP meetups 3. go on linkedin and search for wholesalers and agents in your area.

Keep networking and your deal flow will increase.

Best,

sjw

Post: BRRRR strategy issues

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

@Kerwin Montilla you need to focus on contacting about 20 local community banks and credit unions. If you just do that, you'll find 1 or 2 that will get you what you need. 

All the best!

sjw

Post: Hard Money Loan Draws

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

@Sarah Robinson we have private money investors that pretty much finance our 'float' / 'gap funding' in order for us to pay for rehabs before the draws come in. 

Also, keep in mind, you do  not have to have ALL of the rehab dollars..just a portion of it, as the draws are usually 3 to 5 times during the process. 

So, your best bet is to show the deal to some friends/family/associates who may be interested in the deal and pay them 10% return within 6 months to make it attractive. 

Onward!

sjw

Post: REI Golfers in Los Angeles?

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

Played with @James You this morning and was great to meet him and have a round!

Anyone else who wants to play, shout me out here. 

Thanks!

sjw

Post: New Flip Blog: We're Adding 1,055 SQFT: LA (Jefferson Park) Home

Shawn WardPosted
  • Real Estate Investor & Consultant
  • Los Angeles, CA
  • Posts 620
  • Votes 386

@Crystal Denmon those trenches were done in the backyard, as there was no HPOZ jurisdiction back there. But because there is a Code Violation on the home, we cannot and have not done any work since January. So no...we are not doing anything until we get approval.