All Forum Posts by: Lioneil Guevarra

I'm building out my business and in need of a CPA that handles self directed IRAs as well as multi state taxation for me, a California resident. I'd appreciate any referrals if you could share with me! Thanks in advance.

Anyone have any good Property Management referrals for small 10-50 doors in Utah?

@Matt Prater

Did you also look at the rent roll and the leases? take a look at vacancy, double check the water utility for hemorrhages in billing. Alo look at concessions and non payment. Take a deep look at the T12 also and break down the numbers to see the story of the property. Make sure the T12 is broken down monthly sometimes they like to send it annualized. That won't be enough info to see what's going on.

@Rick Trivedi PM sent. Thanks

Hi all,

I'm looking for a new title agent in California preferably the bay area or NorCal to help me with assignment of contracts, double close, and subject to. Thanks in advance for any leads on agents I can reach out to.

Regards

Lioneil

@Casey Mayton.

It depends on your strategy, long term vs short term.

My strategy is both because I'm playing the ling game.....

Rentals equal cash flow, depreciation, loan pay down, equity appreciation, Interest dedeuctions.

Stocks. I use a Roth IRA. I invest into mutual funds. One is a high cap nasdaq index (80%) and a retirement year based Index (20%). In using the Roth IRA, you will be using money already taxed but you negate the capital gains tax when retirement.

The only thing you should fear is the same life you'll live if you don't try.  Leave nothing on the table and leave with no regrets.

@Mitch Messer thanks for the welcome. Would you see this evictions cases more with certain types of properties. small multifamily, or larger complexes. Or I should better ask is the a particular pattern you've noticed from these distressed landlords?

I'm looking to find small commercial complexes. how would someone go about finding these complexes from landlords would like to liquidate? I haven't decided on a specific market yet but actively searching for one.

Hi everyone,

Since there is a large volume and knowledge, it can get immense for newbies like me to know what market to tap in to since I am looking to expand my operations into long distance rentals. 

I've recently just joined the BP family and just curious to know what is your market/niche in investing.  What is one pro that you enjoy about your market and what is one con (or one piece of advice to avoid a challenge)?

I'll start.

I'm in the SF east bay area and focus on travel healthcare.  One thing I love about this niche is you get to meet great people who are very professional and responsible.  One challenge or piece of advice I would share is there is a high vacancy rate because status quo for travelers can change quickly.  I like to fill up the vacancies with  vacation guests when feasible.