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All Forum Posts by: Shefali Golvelker

Shefali Golvelker has started 12 posts and replied 26 times.

Post: Looking for cash flowing Deal

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 26
  • Votes 14
Quote from @Mitch Messer:
Quote from @Shefali Golvelker:

Hi 

I am planning to sell my property in Long Beach and looking to buy cash flowing property preferably in California but open to out of state as well. I have about 250-300k to invest. Open for suggestions. 

 @Shefali Golvelker Specifically, how much cash flow and what cash-on-cash return are you seeking?

Also, are you looking to acquire via a 1031 exchange? That would be the most tax-efficient solution.


 Hi yes I am doing 1031 exchange. 

Post: Looking for cash flowing Deal

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 26
  • Votes 14

Hi 

I am planning to sell my property in Long Beach and looking to buy cash flowing property preferably in California but open to out of state as well. I have about 250-300k to invest. Open for suggestions. 

Post: I need a quote for landlord policy in California

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 26
  • Votes 14

Hello I called my insurance company amd tried to convert my homeowners policy to landlord policy. Apparently the company no longer do that in California.

Post: Home owners insurance claim denied. What next?

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 26
  • Votes 14

Hello fellow BP members,

So recently we accidentally left the side patio door open and water from the rain got in. Our insurance company denied the claim saying it was ground water damage. They have nothing to prove that. They denied my claim. What should I do next?

We have a property in Long Beach, CA all furnished and ready to go for STR. We are looking for some good company who wants to do rental arbitrage.

Post: Is it possible to house hack in Orange County CA?

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 26
  • Votes 14

Long Beach has really good multi family options. 

Post: Looking for an accountant/CPA.

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 26
  • Votes 14

I am looking for one too. Following this thread.

Post: Looking for sample Rental Agreement templates

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 26
  • Votes 14

I used zillow's rental agreement for my last rental. 

Post: Duvets/Duvet Covers or Comforters for STRs

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 26
  • Votes 14

Hi I work with a supplier who provides bed sheets, comforters, home decor like macrame, throw blankets, throw pillow covers at extremely low prices. I can send you the catalog of what they have. DM me for more info. 

Post: I think it’s good time to buy. What do you think?

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 26
  • Votes 14
Yeah we lucked out on our recent property purchase. Our appraisal came back 190K over the purchase price. Sellers were in a rush to sell and we made an offer to close in 10 days. So I think we are seeing some deals.