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All Forum Posts by: Armando Gomez

Armando Gomez has started 8 posts and replied 21 times.

Post: Analyze medium term rentals

Armando Gomez
Pro Member
Posted
  • Posts 22
  • Votes 6
Quote from @Bonnie Low:

If you haven't already read it, I'd recommend you pick up the book 30 Day Stay by Zeona McIntyre and Sarah D. Weaver. They literally wrote the book on midterm rentals and cover how to analyze markets. You also need to have a thorough understanding of who is traveling to your area and why so you can make sure your property is suitable for travelers.


 OK, will read the book 30 stay by Zeona McIntyre and Sarah D Weaver

Post: Analyze medium term rentals

Armando Gomez
Pro Member
Posted
  • Posts 22
  • Votes 6

I am also looking for a midterm or if short turn  is my area 

Post: California Realtor need some help with Fire Insurance for Multiple SFR

Armando Gomez
Pro Member
Posted
  • Posts 22
  • Votes 6

Had Insurance thru Mercury a Commercial account with 6  sfr properties and have been canceled because of safety issue . and was fixed but not in the time frame they wanted. and they canceled  me completely.  no claims in the 15 yrs I been with them and they just dropped me like that. need to get insurance that won't cost me an arm and a leg. any help would be appreciated. 

Quote from @Travis Biziorek:

Hey Miguel, I'm also in California but my rental portfolio is in Detroit (12-doors). 

I'm a big advocate of that market and still believe it offers the best risk-adjusted returns today.

Lots of folks are still writing off Detroit but more and more are waking up to the opportunity there. The city is undergoing massive revitalization and investment.

what area in Detroit or suburbs do you recommend 

Post: California Realtor need some help in renewing my LIc.

Armando Gomez
Pro Member
Posted
  • Posts 22
  • Votes 6

Hello California Real Estate agents, need some help with renewing lic. the Free C.A.R. is kicking my butt, any info on getting it done? appreciate it,

Have a Great Weekend!

Post: landlord help relief program

Armando Gomez
Pro Member
Posted
  • Posts 22
  • Votes 6

Have a problem from the landlord help program they made check to tenant instead of landlord .. tenant was paying partial and was supposed. to pay me with that relief program. Tenant lives in property paying the rent but not the arrears .. what is my course of action to collect the back rent owed.

Post: Eviction in California when can we start the process

Armando Gomez
Pro Member
Posted
  • Posts 22
  • Votes 6

@Joe Homs I have and no response from them left several messages. UNITED WAY is the one handling the program. Still waiting

Post: Eviction in California when can we start the process

Armando Gomez
Pro Member
Posted
  • Posts 22
  • Votes 6

Have a tenant who has not paid the full rent due to Covid-19.. Military family andHusband died early last year of heart complications. Veteran . Wife is also a Veteran with 3 kids one in College now . She has been renting over 3 yrs now. On rental contract states no pets. And now come to find out has like 4 or more cats on premises .. indoor cats. Found out when her AC went out and had it fixed. The property smelled like cat urine throughout the home. Can I evict them due to unhealthy situation. Also has late water bill and city wants to attach it to my Home thru a lien. ( water bill is aprox. $400)

She gave me a verbal notice that she was moving out June 2020. But supposedly due to Covid she did not. And now forward a 1yr+ and still has not moved out. Any suggestions

Post: Stuck in a situation in So Cal investment

Armando Gomez
Pro Member
Posted
  • Posts 22
  • Votes 6

But not interested in selling. And to find something that can give me that kind of  return is slim pickins

Post: Stuck in a situation in So Cal investment

Armando Gomez
Pro Member
Posted
  • Posts 22
  • Votes 6

No they are not on deed, but they have a quitclaim deed that would be added but not recorded just in case something would of happen to us.