Milt Millions REAl Estate Tips & More

Milt was created by "JB" Griffin a  So Cal Native and California RE Broker and founder of JBGmg RE  Brokerage based in La Quinta, CA.  

Milt does not give Tax or Legal Advise and suggests you consult your CPA or Attorney for Legal Advise on Matters pertaining to Law or Taxes on Real Estate .

Buying a Home is the Biggest Purchase and potentially  most profitable investment  for most people in their lifetime. 

Milt suggests to find a Home you can afford in an area you want to live in . As Milt's Grandma a Property Manager taught him owning property is a right we all have in the USA. If you are able to own and rent properties for profit you will have Income coming in every month.  Milt has managed properties and has seen 1st hand that ownership is a great way to roll in money.  Andrew Carnegie Industrialist quoted that 90% of all Millionaires became Millionaires through Real Estate. 

Find something you love to do, work hard and set a goal to buy Real Estate from your hard earned income.  

Milt bought his 1st home in 1979 from commissions he earned as a Printing Salesman in Los Angeles. The Price of the New 3 Bedroom 2 bath Townhome in a new development in Duarte, CA was $66,000  and required a 10% Down Payment of $6,000 with a Monthly Payment of $425.  More to follow..... 

If you buy A home which might be a great long term Investment your next question might be shall I purchase a 2nd Home Vacation Getaway.  I would say yes. 

One problem today just owning one home especially if you live in California may be all you can afford.  I have researched buying a second home and my conclusion is buying a second home oin California is tough nut to crack unless of course you are able to afford it. 

We have owned second Homes with my wife  and today  the only affordable seconng homes I I found the USA are not in California.  Recently we purchsed a second home outside of California now adding to my second home on wheels that being our RV Class C 22'.  For the record RV's are not an Investment.  If you want to become a landlord and have the ability for a second mortage, Insurance ,Taxes and Maintenance fees remember it ain't easy and can be expensive.  Most of today's 2nd Home vacation home owners  are typically those that have inherited a second home from their parents or they are Multimillionaires that can afford owning multiple homes at places where we common folk dream of living but can only vacation there for at most one to two weeks a year. Milt's  further thoughts on second homes? 1)  Renting or owning a RV is an potion with no return on your investment other than great memories r 2)  VRBO  or AIRBNB  rent a  second home for your getaway vacation  that your family may enjoy like a home for one to several weeks out of the year. More affordable than owning a second home but no return on your money but again great memories.  Finally if you are looking for second Home and  give me a Holler and I can give you some areas in the USA where owning a Second Home might make sense for you !   

If you are looking to sell a Home or Buy a Home call Uncle Milt aka "JB Griffin. You can  call "JB" at 562.810.8881  CA DRE# 01229433.  

We work with Realtors all across the USA throug hour Referral Network. God Bless America and remember RE Ownership is your best investment.   

Milt is not a fan of manufactured Housing on land you do not own where you have to pay a monthly space. Which goes up in price annually in most parks.  Manufactured Homes do not increase in Value and Space rent usually increases annually 

Milt suggests consider buying  land which you own and than purchase a manufactured home to place on that land you own.  It will cost you $$$ to bring in electrical, Plumbing and Sewer to land you own which is a factor to consider if you choose to do this.