All Forum Posts by: Tyler Hungerford

I was born and raised there. One of my favorite places in the world. I'm proud to see it doing so well. 

Sent you a DM. But I would say relist as quickly as you can. The buyer pulled out was probably just a fluke. Getting additional permits for that type of stuff isn't totally necessary in order to sell it for top dollar. Would love to chat with you more about this. 

hire yourself a good transaction coordinator in your area and have them help you make sure you're compliant with CA laws. Any escrow company and title group should be able to help you with the transaction. Just make sure you're doing the inspection still and making sure you know what you're getting into. 

Awesome!! I'll be there. Been wanting to attend a meet up for almost a year. Excited to meet people 

Hey, I'm an active buyer. I'll DM you

That is definitely a good idea. They will give you clients to work with and help you build out your sales business. Not the worst idea at all. 

Hey Evan! Would love to hear a little bit about what you're looking for in your first rental. The SoCal market is a tough beast, especially if you're chasing high yield cashflow properties. It's going to be important to think about the neighborhood you buy in, the total rent you might be able to earn, and the opportunity for appreciation. Let's chat more if you'd like. I'll shoot you a message. 

Davila, count me in! Might be driving around to look at some of my flips, but would love to be on the call

Something to consider, you will be under rent control for any and all properties in an LLC. So while it adds some additional protections, it might also hinder your ability to raise rents, etc.

Man, if you can stay in the house and wait until the 2 years of capital gains is over, you will get to keep SO MUCH MONEY!! But I would say talk to your CPA about this. They might be able to give you advice regarding your overall tax bill if you sold it now. It's awesome you have so much equity. Is there anyway for you to do a cash out refi on the place? Then you'll be able to capture all of that equity and then use it to go and buy your next deal while also keeping this place. Maybe only take out $100k or $250k and keep $200k in the house. Give yourself cushion should you have to resell it in a down market.