All Forum Posts by: Daniel Travis

I’m selling my primary residence.  The first floor is a 2 bedroom apartment separate from the main house.  1365 Monterey street in redlands if you wanna check it out.

I’m selling my primary residence in redlands which has a separate 2 bed room apartment.   It would be great for house hacking, but the down payment would be a little more than 15k.  You can check it out if you want.   1365 Monterey street.  92373.

It looks great.  I’m going to keep my eye open for it as I’m driving around town.  

I’m excited about this. 

I have read a ton about owning income property and I am always reading more. I bought my first SFR out of state last year and things are going well. I am vocal with the people around me about my passion for real estate investing. Because of that I was approached by someone who was in a very unique situation. It was unimaginable to me. I researched the issue and couldn’t find any answers because it’s just unheard of. So I wanted to check with you smart people. What are the tenants responsibilities when a landlord stops cashing rent checks? That’s right, since the the beginning of the year property owner hasn’t cashed a single check. The owner is elderly and is in failing health. Can his family demand the back rent? Can the family evict based on failure to pay? I’d love to hear thoughts on the issue. Daniel

I'm in redlands as well. I ended up buying a SFR in Texas because of the high prices out here in CA. I'd be happy to meet up sometime.

Could be a good plan.   What's your exit strategy?   Do you want to live in a place long term?   If you moved out could the rent the units for enough to have a positive cash flow?

I'm in SoCal also and it can work depending your goals and plans. 

Daniel