Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Storm S.

Storm S. has started 38 posts and replied 497 times.

Post: Warnings of Recession

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Gadiel Del Orbe is I think multifamily has about 2-4 more years before we the peak at least in my area.

Post: Think about self insuring my properties

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Mark Fries have you looked into areas like Bermuda or the Cayman Islands for setting up a captive they are some of the more popular locations. Also have you looked into a protected cell captive and renting one it’s generally cheaper than starting a new captive.

Post: Think about self insuring my properties

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Mark Fries you should look into setting up a captive insurance company, you get to self insure and your premiums are a tax write off, vs if you just put it in a savings account you lose the ability to write off.

Post: College Student from Sacramento, CA studying in Santa Barbara

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Logan Sy welcome, if you ever want to connect I’m a commercial real estate agent here in town and do some flips here.

Post: Asset Managers- how to compensate

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Daniel Reyes could you also send me a copy I would love to take a look also?

Post: If you still care about cap rates read this...

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Kyle Marcotte I use IRR and equity multiple as my two main metrics and use cap rates and other multipliers as a check on my analysis

Post: Santa Barbara deals, seeking money partner

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Jim S. Pm me

Post: Moved to California from Ohio- advice on duplex, triplex

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Ibrahim Ramadan if you want to invest in Santa Barbara your going to need either a bigger down payment, house-hack, or invest in mobile homes or condos.

Post: Manufactured Home was All I Could Afford

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Jaime Topete mobile homes and condos are a good way to invest here locally if you don’t have a few 100k to put down.

Post: Mortgage from an REIT

Storm S.Posted
  • Real Estate Agent
  • Santa Barbara, CA
  • Posts 518
  • Votes 283

@Ben Walhood I think they typically only do loans on bigger commercial properties