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All Forum Posts by: Nicholas Sander

Nicholas Sander has started 2 posts and replied 4 times.

Buying & Selling Real Estate

Post: How to turn equity into more homes?

Nicholas SanderPosted
  • Posts 4
  • Votes 0

I would love to get multiple  cash flow properties.

0 Votes
Buying & Selling Real Estate

Post: How to turn equity into more homes?

Nicholas SanderPosted
  • Posts 4
  • Votes 0

I currently have a SFR rental in Los Angeles area which breaks even. It has a $150,000 in equity. The home I live in has $100,000 in equity in the same city. I would like to turn that equity into multiple rentals or use the equity to flip homes. Would selling the rental and use profit to buy multiple make sense?

0 Votes
General Landlording & Rental Properties

Post: Should I sell my rental?

Nicholas SanderPosted
  • Posts 4
  • Votes 0

The property is in Carson, Ca about 15 miles south of Los Angeles. It was my 1st home, I kept it when I purchased my current home. Due  to my ignorance I thought I was able to use the mortgage interest as a tax deduction towards my personal income. Now that I’m aware of that I’m looking to make another move, question is what do I do? California is an expensive place to invest in property.

0 Votes
General Landlording & Rental Properties

Post: Should I sell my rental?

Nicholas SanderPosted
  • Posts 4
  • Votes 0

I have a rental house that pays for itself but I makes no profit. I have around $175 equity. Should I sell and reinvest in something else?

0 Votes