All Forum Posts by: Dan L.

Thank you @Chris Seveney !!!

Hi everyone,

Does anyone have experience with working with and/or purchasing turnkey properties from the Olson Group?

There link: https://buyolsongroup.com

Any feedback would be appreciated.

Cheers!

Dan Liao

@Will Barnard Thank you for the post. I had a wholesaler hit me for my buybox this morning. I have nktw dealth with a wholesaler before. This thread gives good advice and warnings.

@Justin Phillips Thank you!  Will check out life changer site.

@Alan Ortega Thank you, sir!!! Noble CU is my CU, and they wouldn't give a line of credit on my investment property in an LLC because it's considered a business loan. I had not thought of the other places that you suggested. Thank you!!!

Hi there!

Has anyone had any luck in California getting a HELOC on rental property in California? My rentals are in Fresno and Clovis.

Thank you in advance!

Dan

Hi there!

I am looking at Amherst, NY as a potential out-of-state investment for MFH. I'm in California, and I'm trying to account for seasonal maintenance costs that we don't have in Calif.  Snowplow service to clear the driveways and sidewalks and porch is one thing that comes to mind.  Anything similar that I need to take into account for operating expenses? 

Thank you for your help in advance!

Dan Liao

@Nathan Gesner

@Alex Olsonundefined

@Dave Fosterundefined

@Jhanel 

@Jhanel Wilson

Thank you so much for your prompt replies. They are very helpful!

Hi there!An investor with experience in multiple properties advised me against using 1031 exchange because he stated that if the real estate agent knew that the buyer was using 1031 then real estate agent could use the time limitation against the buyer and not give the buyer a good deal.
The buyer is forced to buy at a higher proce because he has time working against him in a 1031 exchange. My question is this. Is this a valid point, and if so how does one use a 1031? Should one just avoid using 1031 and instead use equity of the property to move up to buy larger properties?

Thank you for your thoughts and wisdom.