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All Forum Posts by: Liam B.

Liam B. has started 1 posts and replied 43 times.

Post: Facebook lays off 11,000 people

Liam B.Posted
  • Investor
  • Los Angeles, CA
  • Posts 43
  • Votes 20

In 2020 META had 58k active jobs. In 2022 with the rush in hiring they went to 85k active jobs. A loss of 11k brings them down to 74k now. Still above past amounts. Like a lot of tech companies out there they over hire when market is super hot and have a change of heart later. 

I would view the company total job count number in 2022 to today and minus out the layoff number.

Post: Househack in Merced, Ca

Liam B.Posted
  • Investor
  • Los Angeles, CA
  • Posts 43
  • Votes 20

@Catie Mong congrats! As long as it is above bear creek to the right of M street you are good. if you have not closed escrow yet check out above yosemite to the left of R street, great area. 

Merced has a lot of growth on the way for the next 10 years with the UC. I think the new updated indoor/outdoor mall should be complete this year( big improvement from renders of how it used to look like it was stuck in the 80's). I just wished Merced had a better option of restaurants, even when new ones opened they were never that good. 

Post: Househack in Merced, Ca

Liam B.Posted
  • Investor
  • Los Angeles, CA
  • Posts 43
  • Votes 20

@Catie Mong are you looking above olive or above yosemite only?

Post: Anyone interested in a zoom real estate chat?

Liam B.Posted
  • Investor
  • Los Angeles, CA
  • Posts 43
  • Votes 20

Wanted to see who would be down to have a zoom real estate chat I could setup. Who is free November 24th at 6pm or 7pm to have a 30 min zoom group video call? You don't have to share your video if you don't want, could be just voice. 

Was thinking we could discuss your current strategy, 2021 predictions for the market, your 2021 strategy, and any tips or advice you would like to share from your experiences. Want to make this like a think tank group where we could learn from each other. 

Just comment below if you could join. 

You don't really stand a chance. You and 1000's of others are going through the same thing. They will live for free for as long as CDC Evicition Moratorium is in place. Sadly, you will get $0 back from this person when you try to get back rent. Even if you get an attorney and win the case to eventually collect the back rent, you will never be able to collect from them. They will have/show no assets or money in the bank. Thus making you down even more after attorney fees. 

Just look at the clock tick away each day until this eviction ban is lifted for you to finally evict them




Post: Please Advise: ADU Cost Components Breakdown?

Liam B.Posted
  • Investor
  • Los Angeles, CA
  • Posts 43
  • Votes 20

If you don't use your garage that much I would just convert the garage to save. Also, plumbing and electrical lines running it could be a big cost depending on your home layout. Is there any plumbing lines by the garage or electrical? If your garage is detached look into adding an addition to the garage. Most garages are 400sqft so adding 200sqft will give you a nice 1 bed 1 bath. How tall is ceiling in the garage? Could do vaulted ceiling which looks nice and adds space to the ADU

Post: Recommendations for a good HVAC system for ADU?

Liam B.Posted
  • Investor
  • Los Angeles, CA
  • Posts 43
  • Votes 20

Mini split is the way to go. Save on cost and works really well. 

Post: How to analyze a good deal on land for sale in LA?

Liam B.Posted
  • Investor
  • Los Angeles, CA
  • Posts 43
  • Votes 20

DM me the site. I could tell you the potential from it and land use you could get from it.

I noticed a good amount of land for sale in that area. What makes this land attractive compared to the others? I saw one lake front and some others that looked decent, but I don't know the exact rules of that area to know if those are problem lands to deal with.

3-4 months sounds amazing to get everything approved and RTI for the land. Los Angeles and other surrounding cities they always say it takes less then it really ends up being. Always ends up between 9 months and 1 1/2. 

Seems like a good investment for a return. What is the avg days on market for a new construction home in that area? 

Have you considering doing an ADU on the property?

That sewer tap fee yikes!