All Forum Posts by: Jeffrey Zhang

I'm refinancing a 8 unit apartment, I'm trying to add a HELCO after finishing refi. but all the lenders doesn't all second lien, is this normal?

Please refer a good framing carpenter in SoCal area. Thanks in advance.

Not sure if I should post here. Please advise.

I have two companies, one for real estate investment which is a LLC and one for home construction which is S Corp, just call them A and B. B takes remodeling project for A, how to handle them wisely to save taxes? e.g. how much should A pay B for each project? how much w2 should I pay myself for the s corp? Thank you so much in advance.

Can I stop renewing the 1 year lease with the tenant by sending them a 30 day non-renewal notice? Can I start eviction process if they don't move once the lease expire?

The gross rent income is 80k and purchase price will be 1.2m. would like to pay less than 30% down. Could it be possible?

Thank you for pointing the direction. It's in San Bernadino County. I might not be accurate on estimate or too optimistic. I haven't decided if I'll live in the SFR. You are right, this triplex is not really a "deal", and there is no much room to do value add, so it's hard to BRRRR.

Hi, I'm facing two options: build an ADU or buy a triplex.

ADU of 1200sqft, 3bed 2bath

cost: $250k~$300k

appreciation: not sure. the value of existing SFR is $550k, 1100sqft.

collecting rent: $3000/month

Triplex:

purchasing price: $900k

PITI with 25% down: $6k/month

collecting rent: $7400/month

If building the ADU, most likely I can cash out all the investment, finish the circle of BRRRR.

Also like the rental income of Triplex.

Which one will you choose? Thanks in advance.

Hi,  I'm wondering how to change tenants to bring rent to market price. it's impossible to increase the rent for current tenants since there is rent control in place, the increase cannot exceed 5% annually. The current rent is $1500 and market price is $3000. Any input is appreciated. 

 @Armando Do you still have this product?

@Robert Reynolds Thank you for your reply. Do you have any lenders to recommend?