ThanksSuhaib I'd suggest finding a broker, they have alot of knowledge and have your best interests as a goal, insurance agents have their employers best interests as a goal.Insurance in CA will continue to increase, its lagging in inflation and all the fires are affecting it.Many homeowners are moving to self insured.The fair plan is asking for 1 billion in subsidies, purported to be funded by the carriers themselves, I have no doubt Ricardo Lara will make this happen.

I do plan to consult my real estate attorney who handled the closing but this is his busiest week of the year, so I definitely don’t want to bug him with something that isn’t extremely urgent until after the New Year.

Many OOS investors pick one market to master before expanding.Spending the next few months learning and analyzing deals is a great plan!

However, if the 401k has business income, it will be subject to UBIT.An IRA is not subject to capital gain taxes because it is a tax-deferred retirement plan.

I’m just currently in the planning phase to see what the best path going forward is.

If youre saying condos are trading at $220 a square foot....Id be planning on a value of $110 per square foot on a co-op.

I’m 17 and plan on getting my real estate license right after I graduate high school.

They could give you a more precise estimate and help navigate zoning regulations and permitting.Let me know if I can help or if you want to discuss your plans further.Best of luck with the project!

Are you planning to sell the house after you finish the rehab or rent it out? 

This is the graveyard of great ideas, plans, hopes and dreams that were never done.