
31 October 2024 | 9 replies
Here are things that would not transfer with a sale:-2.5% interest- prop 13 property tax benefit is saving ~$40/monththese are awesome advantages that are tough to match In addition you have achieve outstanding return from the appreciation since purchase.On the other hand, you have $300k of equity which places the LTV at ~65%.

29 October 2024 | 6 replies
I know several who invested in my fund with a LLC and regret it because they close the LLC because I just costs them more money every year and to transfer it back into their personal name is additional paperwork and costs to transfer.

28 October 2024 | 1 reply
We travel there when we can and bust out projects but winter is coming and reliable teams are hard to come by (not to mention the financial concern).

28 October 2024 | 13 replies
I am willing to do a bit of rehab if my agent can recommend a reliable contractor out there as well as a property manager.

28 October 2024 | 7 replies
The most common pitfalls include underestimating the workload, difficulty finding reliable tenants, and managing legal requirements.Additionally, DIY property managers may not have access to the same resources and networks as professional property management companies.

31 October 2024 | 12 replies
If you take the loan individually, you can later transfer the property to the LLC, but that may trigger due-on-sale clauses or tax implications.3.
27 October 2024 | 3 replies
Ample parking space,plus reliable and dependable staffing makes a huge difference.

27 October 2024 | 13 replies
More so just heard that if you transfer title into LLC it can “uncap” the property and cause a new tax assessment the following year and raise your future tax expense.

27 October 2024 | 3 replies
If you sell the property (regardless of whom to), you will pay all the fees and transfer taxes associated with that sale - likely thousands of dollars.

28 October 2024 | 3 replies
Focusing on neighborhoods with job hubs or easy access to transit may provide reliable resale potential.