All Forum Posts by: Wences Lopez

Investment Info:

Single-family residence buy & hold investment in South Gate.

Purchase price: $419,000
Cash invested: $188,000

SFH with Detached ADU.

Hey is anyone here at the meet up yet? Just arrived looking for others coming to David Greene’s Team meet up

Hey everybody I’m looking for someone that does credit repair. My girlfriend wants to buy her first rental but credit is the issue right now. Thank you! 

Hi Patrick! 

From what I've heard ADU permitting gets more expensive after 749sqft. I'm currently doing a 719sqft one in LA & just on soft costs for that was $13,500.

Hello, I’m in search of (3) interior doors, (1)exterior entrance door, (1) pocket door. I’m trying to find a local supplier someone recommends. Wondering where everyone goes to grab doors (not HD or lowes either) thank you in advance! 

 It’s been good so far thankfully. It’s been booked ever since. I’m actually at my place right now doing some maintenance after a guest stayed for 2 months. I’m near the i10 that seems to attract people since that’s the only freeway here. 

Hello everyone, so I bought seized property at a police auction & I received the grant deed & a preliminary change of ownership over the mail & I’m not sure how to fill it out. Has any one else gone through this process before? Thanks 🙏 

Hello everyone, so one of my partners has around 250k in cash & wants to invest but wants his return to be as passive as possible. He doesn’t want to deal with tenants or maintenance. What’s one way to get a good return on his cash without having landlord responsibilities? He isn’t an Accredited investor so he can’t join a fund. Thanks !

Yeah you’re right, I’m sure I’m overlooking a lot of things as I’m new to investing. I got my first rental in august 2021 & my second one the beginning of the year. I was “waiting” towards tax season for next year to look for a CPA but I’m guessing a wise thing to do is to look for one now. Thanks for your input!