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24 December 2024 | 2 replies
It's impressive that you secured a deal like this with no renovations and turned it around the same day.
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26 December 2024 | 4 replies
Anthony,You would be surprised by using some old school methods like simply writing a letter like you mentioned.
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27 December 2024 | 3 replies
- Securing the property- Removing the waterIf your furnace was stolen, you may need to get propane heaters to facilitate water removal.
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27 December 2024 | 2 replies
I help business owners and investors raise capital usually connecting them with partners who can secure $75k-$100k at 0% interest for 12 months.
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27 December 2024 | 4 replies
Since the property is in Los Angeles County, I expect the eviction could take 4-6 months, followed by another month or two to secure new tenants.
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24 December 2024 | 7 replies
Each method has a cost in both time and money.
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22 December 2024 | 7 replies
Would that method work again?
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2 January 2025 | 11 replies
Luckily, I did not include this unit in my underwriting when purchasing, so the survival of this property is not contingent on this situation.Continuing to optimize for management of the building when I move out, like moving everyone to online rent payments or adding remote accessible security cameras.Exploring opportunities to expand my portfolio—I've begun my hunt for my next 3 to 4-unit building to house hack, ideally in Lake View, North Center, or Ravenswood.This year taught me that real estate investing isn’t easy, but it’s undoubtedly worth it.
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25 December 2024 | 4 replies
Also, securing financing is no different than site built unless you're dealing with someone that has no experience originating loans.
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24 December 2024 | 5 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.