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All Forum Posts by: Luis Vaca

Luis Vaca has started 6 posts and replied 87 times.

Originally posted by @Will Gile:

@Jake Van Wickle

Camarillo has some 4 br and 5 br 2bth that are great for house hacking.

I am a teacher in Oxnard. Rent a small house but have two condos I rent out in Simi and Camarillo.

Would love to get some meetups going here in Ventura County.

 I agree with this, ZOOM meetings for people in Ventura county and surrounding areas would be good to have. 

I semi house hacked my SFH where i rented out a room that helped pay my mortgage. It's ok if it doesn't cover your full mortgage as long as it helps you SAVE, that's the point.

Once you find a property you can check out city-data.com and see what the median income is in the neighborhood where the property is located. Even if you find a property where the numbers make sense and it cashflows, it can be in a tough area where median income is below 40k. Aside from that the website has other great information, like crime rate.

Post: Paid CPA full fee - Now not responding to emails or text

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

Did you ever get this resolved @Andrey Y. ?

Post: Selling house and don't know what to do with my equity

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

What's the reason you sold the house? 

Post: Consultant for evaluation of Kansas City multiplex

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

Hi Joel, @Logan Freeman might be able to help out. He seems to be involved in the commercial MF scene out there. 

Post: 401k withdraw & the Coronavirus

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

My employer is no longer allowing anyone to pull out anything from their 401K. Seems alot of people were taking the max out. From the few co-workers i spoke with they paid off debt, or are holding onto it in case of a housing dip. 

Post: Are syndications "extremely tax efficient"?

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

As a beginner passive investor this is great information.

Post: California City, CA market info???

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

What about for multi-family? There's an 8-unit for sale off market, but the location seems to be a big no-no. Where do people go to work?? 

This was an amazing webinar, great info. 

Post: Burglary at tenant turnover

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

This happened to me last year as well, although my property is in Kansas city. My guess is the culprits drive around and target properties with FOR SALE/FOR RENT signs on the outside. 

I decided to put a cage around the new one, i think it was about 500$ extra.