All Forum Posts by: Robert Reynolds

It definitely seems reasonable, and this is the issue with Dual-Agency. The listing agent can't have your best interest at hand and the seller's. Would love to hear how others transaction with dual-agency happened. When my team comes across this, we usually will have two agents on the team help on the transaction, one representing the seller and one for the buyer. At the end of the day your agent is a fiduciary to you and should have your best interest at hand. 

As far as the AC it should be covered on your home warranty plan, I would call and make sure with the home warranty company. 

Hope your home sale goes smoothly, and let me know if you need anything. There's nothing better than buying your first home. 

Hi Kat, 

Moving out of state is a big move, especially with aging parents, so that will be probably the hardest decision you will make here. As far as selling, I would definitely need to know a little more about each property, but talking with a tax professional, and seeing if you could sell the multiunit in NHWD with the tax benefits of it having been your primary for 2 of the last 5 years, seeing if that's an option. I would try and do that if possible, obviously your tax professional can let you know. Let me know if you do want to sell that multifamily, I have a buyer in the area looking to buy a similar property as long as the rents aren't too below market rents. 

Let me know if you need anything in the meantime. Would love to hop on a call and go over your situation in more detail. 

Thanks, 

Robert

Welcome Janet, 

Let me know if you need any help out here in LA. My team specializes in working with investors, and I can walk you through different strategies that work out here in LA. 

Welcome @Hendra Wijaya, 

You've come to the right place. When you come to LA hit me up and I can let you know when my team has Meetups, where you can meet other investors. Hit me up also if you have any real estate questions. 

Take Care, 
Robert

They definitely allow it, but it's very expensive. Probably close to a million to do it. You could also do it as an adu and build it detached to attached. Finishing up doing mine, where part of it is over a small part of my existing residence. Will be a lot cheaper if it's not completely over your existing structure. May be cheaper to buy another house, and have two homes appreciating in Los Angeles, vs the one. 

 This is a great strategy and yes you can do it! 

Most people think FHA loans are for first time buyers. They aren't, you just can't have two and they must be used for primary homes only. So if you want to rent your current primary out, you could then use FHA for your next home or 5% down. Let me know if you have any other questions, would love to help.

Check out local meetups. My team and I host one every month. 

Please register via the link below. This will be a networking event to meet other real estate investors in the Los Angeles areas and your chance to meet your favorite BiggerPockets Podcast Hosts in Person. This even is hosted by The David Greene Team, and there is a small $10 entry fee. Register before tickets sell out and hit me up with any questions. Look forward to seeing everyone there, this even should sell out so please don't wait to buy your ticket. 

https://www.eventbrite.com/e/b...