All Forum Posts by: Anthony Morrow

@Sean McDonnell ok great thanks so much for your help

@Ethan Cooke thanks for your reply

@Ryan Ebzery well that answered that...can you advise where I can obtain the source data?

To all I look for ideas and hear is my scenario: I have in law unit 1bed/1bath 486 sq ft I could rent for $1500 long term or set up the ADU as a furnished short term rental? The unit is close to main highways to tour the SF Bay Area.

@Sue K.so can you elaborate on what you said about the only way property manager makes money is when you lose money. Can you give me an example? I have property OOS and one SFH has a great renter for over 6 years now and I have had no problems with the management of my property. I receive inspection reports annually with photos.

Hey guys I thought I would jump in after reading this thread. I have an offer in on a property setup exactly the same with big house in front and a little additional unit. I am very interested from hearing from you guys that have experienced this situation. Oh and someone mentioned that you should make sure you are allowed to rent both units out. I didn't even think to check my local govt on the regulations about rental property. I want to know the best practices for splitting utilities. Thanks in advance

@Edward Tang just to reiterate your point real estate in antioch is a sellers dream as they are getting multiple offers above asking price. Antioch has resumed building SFH 3bd/2ba at 650K-850k. I just saw the undated MLS and 10 houses I was viewing is now pending. I put an offer in on a 5ba/3ba house in the 94509 area for 450k and seller has had multiple offers.

@Carl Fischer

Great advice unfortunately my tax account didn't setup my tax return correctly so the self directed LLC wasn't marked as a passive investment pass through identity. But I think I can adjust my future tax returns as I have not had any profits as of yet. I am due for a payout for a couple of my investments.

@vu nguyen I didn't see where you are going to invest? In California? Good Luck with that!! 110K for OOS investing in cash flow markets ie: Ohio or Texas would go a long way, but in Cali not so much. I just put under contract a lot with 2 houses completely remodeled by a REI looking to flip in northern cali, but I was able to acquire a $0 down VA.

@vu nguyen I didn't see where you are going to invest? In California? Good Luck with that!! 110K for OOS investing in cash flow markets ie: Ohio or Texas would go a long way, but in Cali not so much. I just put under contract a lot with 2 houses completely remodeled by a REI looking to flip in northern cali, but I was able to acquire a $0 down VA.