All Forum Posts by: Barry Wong

 Hi Bob,

What is a SF?

Hi BP!

I have around $100k in an IRA account. I haven't contributed to it since 2018, and its annual rate of return has been 5%. I have started to think about reinvesting the money elsewhere with higher returns.

One option I'm considering is hard money lending. However, I'm unsure if $100k is enough to be a hard money lender.

Thoughts?

Best Regards,

Barry Wong

Hello BP,

I have a STR in Palm Springs, CA, and starting to interview management companies. What are some questions I should ask when interviewing them?

Thank you,

Barry

Hi!

I received a letter from Property Tax Advisors informing me they can appeal my property taxes and get an estimated refund. The refund isn't much, it's $2375, and they would take 30%. 

Is it worth appealing the property taxes?

Best,

Barry W

 Hi Allen,

That is so weird and creepy. Thank you for letting me know. Do you have their original post so I can see and report it?

Thanks!

Barry Wong

 Your site looks awesome. I'll have to check out OwnerRez as it looks nicer than Hospitable (what I use for my direct booking site https://stayatthreepalms.com). 

 Thank you so much for these additional rental platforms. I love how niche some of them are especially Golfhom. I have several golf courses literally next to my rental property and did not know about Golfhom. Thank you again!

Multi-family is a property I want to explore as well. 

Hello Everyone!

I’m Barry Wong, and based in Los Angeles.

I started investing in 2009, purchasing and managing a duplex. In 2021, I sold the duplex and 1031 that investment into a STR in Palm Springs. I manage the property and am trying to figure out my exit strategy so I can focus full-time on being an investor and growing my portfolio.

My experience is in property management and technology.

Looking forward to connecting!

Best,

Barry Wong

 I just learned of Houfy and will add it to the list!