All Forum Posts by: Jose Gonzalez

@David Roberts

Having an outside camera with motion sensor really help to let you know who is in your unit and how many, it also deters "party booking" from by mentioning you have an outside camera a few times throughout your listing. Also make sure to put in your house rules so you can terminate their stay for breaking your house rules. I also use an August Smart lock with an additional keypad being Key-less is awesome plus it gives you door status on app so you know when turn over personnel arrives and leaves plus it sincs with online booking platform so your guest always get their keys (app/code) right after booking and if they cancel keys get deactivated automatically.

@Sam Dennis

I been a landlord in CA since 2000, now have several rental. Yes you can still make money CA, what I have done in the past to purchase highly discounted properties is use cash to buy it, rehab, rent it, then refinance to get cash out, the last part is easier after 6 months from purchase date. If you are using a property management company make sure to tell what kind of tenant you want (FICO, income to rent ratio, section 8[I don't recommend],prior evictions, criminal history[sex offenders], marijuana on property)

If your unit is a studio or 1 bedroom you can a lot more money wit Airbnb, most markets now have Airbnb property management that handles all turn-over things such as cleaning, dealing with guest, we use and August Smart lock that sincs with Airbnb so you can see on when they come and leave plus a security camera outside the unit to make sure there is no extra people or a party going at my unit so far we are making more than double from what we use to make on it with a regular tenant.

My goal now is buy houses with 2 units on same lot where front tenant pays all my bills and possibly make a little extra but make 2nd unit an Airbnb unit.

@Michinori Kaneko , it seems like it, but if read thru all posts there is useful information even if you are not working  or planning to work with fund and grow, finding the few golden nuggets in posts is worth reading this tread fully.

 Thanks for you honest experience..REAL GOOD CONTRIBUTION

they know what credit agency each banks looks at, to make credit decisions. based on the info they apply to each bank that best fits your credit profile, remember they make money 4 different ways, 1st- credit line, 2nd-Credit Restoration, 3rd-commission/referral fee from  credit issuer, 4th-from conferences or webinars you are invited to where they make a referral commission just like bigger pocket makes money from pro memberships. every speaker guest bring value to their products/offering so why no make extra money in the middle.

 There are costs associated to turn card into cash and most of time there are costs associated to transfer a balance from one account to another.

I haven't use them myself, did a lot research to figure out how they do, I have an old corporation(retail store) with established lines of credit and credit cards already setup, I did apply for a couple more some with same banks I already have a business credit but got a new ones with an zero intro rate to beef up on cash for holiday season. more cash at hand more available to invest and increase profits for us.

I am thinking of setting up a new business to start a new venture (Car Dealership,Taco Truck or both in same lot), being in California is no easy for corporations since there are a lot of fees and taxes for some corporations. When I do I will probably do a consultation with Fund & Grown to see how they can help me or if it is better doing it myself.

@Parius Futch ,

They have you Pull money from credit cards using sites like goldmoney, plastiq, Venmo, and similar sites that let you send money from your card to a biller(yourself) and sites like goldmoney it takes a bit longer since you have to setup account-invest-then sell it off and wire funds to your desired account.

hope it helps

Inquires shouldn't stop you from round 2 with such an excellent personal credit score and low ratio

Have any of you tried sharing referral codes from your PLASTIQ account to save some money?

Here is how it works: After person you refer sends $500 or more you get $1,000.00 FEE FREE, it is worth looking into it

Their fee is 2.5% now.