All Forum Posts by: Walter Roby jr

Depends on what the seller wants.

When investing into condos you really need to vet the HOA, Bylaws, and their Covenants, Conditions, and Restrictions (CC&Rs) . Some communities only allow a certain percentage of the units to be non-owner occupied, some don't allow Air BnB, their balance sheet could be weak and impose a lot of assessments.

Try and reach out to the board of the HOA and hopefully attend their meetings to get a feel for them as a governing body of your investment.

https://www.redfin.com/blog/data-center/

Research wholesaling podcasts to learn then hire a coach in the area you want to focus on to shorten the learning curve.

Reach out to a local attorney as each state has different rules. Most collections are capped at 10% of proceeds or up to reasonable attorney fees.

Checkout Redfin Data https://www.redfin.com/blog/data-center/ as well

I would take your questions to the LADBS and ask them what can be done on that property

Check out this blog: https://www.biggerpockets.com/blog/rent-out-car-turo

And here is a post I did: https://www.biggerpockets.com/forums/56/topics/653971-i-cashflow-with-turo

Currently i net $600 (rental income) from a $8k initial investment.

check out the Wholesaling Inc podcast

What is it called @Joseph Kent ?