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All Forum Posts by: Aaron K.

Aaron K. has started 4 posts and replied 6010 times.

Post: Should I sell my Moreno Valley Condo and purchase in Rancho Cucam

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

Moreno Valley and 92555 in particular is by no means a bad area, 1800 is not the high flying price it once was for the city.  Depending on when you bought prop 13 and lower property taxes could very easily be your friend here.  If you were going from a condo to a single family my answer may be different but I'd probably keep the home in Moreno Valley for now.

Post: You have 6 months to liquidate your assets

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

@Denis Ryan I think the market will likely stay inflated for a while as rents lag price increases and we have seen some doozies.  I think RE is also being used by many as a hedge against inflation which has been restricting supply.  As the velocity of money slows as stimulus wanes and folks get back to "normal" we may see slight price dips in the farter out suburbs of markets but nothing too major most likely then a return to where markets were a few years ago from an appreciation standpoint.  I have no more of a crystal ball than the next guy though. 

Post: Yellow Letters to MFH Owners

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

There are so many mail pieces that say exactly this or something extremely similar that you likely won't get much traction, also make sure you have the means to buy the properties you plan on marketing to.

Post: Accessing Leads from County Websites

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

@Jon-Michael Cortez-Alonso San Bernardino and San Diego counties are tough to work with but Riverside county has a trick, it all depends on the effort you want to put in, it definitely wouldn't be a list of properties that would make great deals off the shelf.

Post: Buying first SFH in Riverside, CA

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

@Nate Dohif you self manage and buy a good property yes you can probably still get minimal cash flow but probably not if you have to pay PMI

Post: Buying first SFH in Riverside, CA

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

@Nate Doh $450k doesn't go as far as it used to out here 2 years ago you could have bought a good size house in a really nice part of town there are currently 27 single family homes on the market that fit your budget in Riverside, and most are smaller or in less desirable parts of town.  What are your expectations, as long as they are realistic you should see good long term success

Post: Fair Use Photos - Should I use them??

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

Most likely scenario is nobody cares, I have never heard of a copyright case on this, and it would be weird in my opinion if there was one, as you own the subject of the photos.

Post: No septic records found

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

Require a septic certification from the seller before closing

Post: Investment Property with HOA

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

@Eddie Torres probably, the small HOAs usually aren't as bad and may even be somewhat helpful in policing the front landscaping making sure tenants upkeep it properly

Post: Beware of Rental Scams Orlando!

Aaron K.Posted
  • Specialist
  • Riverside, CA
  • Posts 6,241
  • Votes 3,800

Something that may work is putting watermarks on your listing photos, even if a potential renter might ignore them, the scammers won't take the chance as there are other photos to steal without that risk for them.