All Forum Posts by: Trevor Aydelott
Trevor Aydelott has started 38 posts and replied 294 times.
Post: Working with Realtors as Co-Investors

- High Desert, CA
- Posts 319
- Votes 161
You raise a good point @Jonathan Greene something I would have to consider when I'm presented with a realtor or co-investors who want to partner up and see if it is in they best interest for me.
Post: Minimum requirements for property condition w/conventional loan

- High Desert, CA
- Posts 319
- Votes 161
Now did you have in the contract for the septic tank to be done.
Because as a realtor here in California if you don't put for the septic tank to be pumped and certified in the RPA it doesn't need to be done to get financing.
Post: Landlord Insurance VS. Home Insurance

- High Desert, CA
- Posts 319
- Votes 161
Thank you ALL, it has helped me. I understand now.
Post: Working with Realtors as Co-Investors

- High Desert, CA
- Posts 319
- Votes 161
Hahah whoops you're right @Erin Dorsey Robinson ( Thanks for the correction/clarification)
I meant with realtors AS co investors. But I can do all they above.
Post: Reserve Requirement for Investment Properties on SFH

- High Desert, CA
- Posts 319
- Votes 161
Oh yes wells Fargo is new.
and that's what I thought because I know for sure that a lot of these investors don't keep 6 month reserves for all their investment properties.
Post: Elk City, Oklahoma a good place to invest in

- High Desert, CA
- Posts 319
- Votes 161
Been looking at some properties in Elk City, Oklahoma.
Anyone have any input on the city? Maybe a city close by that are good for fix and flips ( please don't comment that it is not a good time for flips during the virus.)
How are the workers there? Any jobs coming into the market?
Post: FHA loan & Investment Properties

- High Desert, CA
- Posts 319
- Votes 161
No I know you can say you're going to live there and not live there. But it does matter for me to answer the question. I didn't want to just write a bunch of stuff if it doesn't relate to your question.
So people buy a home and live in it for four month and then go buy another one.
Hell I bought 3 VA loans, and two were right next door to each other. So I'm a master of getting what I want with loans.
Post: Does anyone know where I can find a lender for mobile homes?

- High Desert, CA
- Posts 319
- Votes 161
21st mortgage, Santiago. I have a few more. But I would have to go pull those up. But those two can help you out.
I actually have my lenders license to get into manufactured home lending in Southern California, mainly the High Desert region. But I haven't started that yet.
So hopefully that helps.
Post: Minimum requirements for property condition w/conventional loan

- High Desert, CA
- Posts 319
- Votes 161
Yeah I am wondering how this went as well.
Post: How do you protect yourself from Inflation?

- High Desert, CA
- Posts 319
- Votes 161
Well one way to fight inflation is to raise rents every year. So you always make the same cash flow.