All Forum Posts by: Jason W.
Jason W. has started 4 posts and replied 8 times.
Post: Looking to 1031 out of the California market

- Anaheim, CA
- Posts 8
- Votes 8
@Joe Homs The SFH I bought in 2014 has been a rental since 2016. Therefore 1031 is the only way for me to defer those capital gains.
Post: Looking to 1031 out of the California market

- Anaheim, CA
- Posts 8
- Votes 8
Hello BP! I am located in Southern California. In order to take advantage of the current market, I am deciding whether to sell my SFH Southern California property I bought in 2014 and do a 1031. As you know, the California market is saturated and is very difficult to get good positive cash flow. If I do decide to 1031, I would like to look for high growth opportunities (residential or commercial) in other states. I haven't done thorough research yet but a few options that I looked into are: Philly, Memphis, Nashville, or Austin.
Any suggestion is appreciated!
Post: 6 Unit Apt. Building - BROOKLYN, OH - B+ NEIGHBORHOOD - 249K

- Anaheim, CA
- Posts 8
- Votes 8
Post: New Member from Southern California, ready to start investing!

- Anaheim, CA
- Posts 8
- Votes 8
Welcome to BP Sheree!
I am also from Orange County and working in the technology sector as well. As an starting investor, I am looking to network with other investors as well.
Post: Form a LLC to start real estate investing?

- Anaheim, CA
- Posts 8
- Votes 8
Hello!
Thank you for taking the time to read my question. I am currently a beginner in real estate investing, but trying to learn as much as I can to increase my knowledge in this area.
I have acquired one property previously (primary residence, now a rental). I am hoping to slowly acquire more properties in the near future. My question is, should I form an LLC to do so? This will provide me with liability protection.
Thank you!
Post: Looking for investor friendly agents in California OC area

- Anaheim, CA
- Posts 8
- Votes 8
Hello, looking for investor friendly real estate agent in Orange County, California.
Open to buy and hold and flips.
Thanks.
Post: Need help analyzing deal in Orange County Area

- Anaheim, CA
- Posts 8
- Votes 8
@Aaron Norris and @Cian Feehan. Thank you for your feedbacks. There are a lot of risks if a major repair is needed during rental.
I am considering turning it into a flip as well.
Property prices in Orange County are very pricey. Maybe I should be looking into a cheaper area to buy for rental.
Post: Need help analyzing deal in Orange County Area

- Anaheim, CA
- Posts 8
- Votes 8
Hello, I am a novice real estate investor and looking for some feedbacks for this current SFH deal in Orange County, California area.
- Purchase price - $815000, 20% down
- The property has one of the lowest price tags in the community.
- Will be used as a rental property after purchase.
- Cash on cash return ~ 1% per year.
- It's very difficult to get positive cash flow in this area.
- Rental Property Calculation
My hope is to wait for the property's value to increase since the comparables in the neighborhood are all above this price.