All Forum Posts by: Marcos A.

@Rob belan so technically if I give them a notice today it would be a 60 day notice?

hello everyone. I have a question and need advice. My tenants lease will terminate on April 30, can I give them a 30 day notice as of today or do I have to wait for the lease to expire. I'm in California. Thank you

right. I never thought to think of all that. Thanks for the advise.

well if I get a 3 unit it has to be at or under $250,000, with my down payment my mortgage would be around $1100. The rent will range from $700-$800 per unit. The price range for the 4 units is $350,000+ So my mortgage on that would be around $1600. I currently live with my parents so I would want to use this opportunity and move into one of the units. My biggest expenses would be the landscaping and management but I can take care of all that since I will be living there.

hello. I'm going to 1031 exchange my SF rental for a multifamily building. My options are either a 3 or 4 unit complex. The 3 unit is a lot less than the 4 units. Would it make sense for me to get a 3 unit and have more cashflow or go with a more expensive building an have a positive cashflow but less than the 3 unit? Any advise on this would really help. Thank you.