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6 January 2025 | 7 replies
This will provide you experience, a story to tell, and the credibility needed for adding additional clients.I'm happy to discuss more.
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1 January 2025 | 3 replies
The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.
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2 January 2025 | 4 replies
Here are a few ideas to explore that might help you get closer to homeownership in San Diego without selling:Cash-Out Refinance:Refinancing one or both of your El Centro properties could free up additional cash for a down payment without selling.
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9 January 2025 | 116 replies
You could say it took a long time to get an additional 11 units given I closed 20 units in just 10 months of getting started with my investing.
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6 January 2025 | 10 replies
It never hurts to have an additional set of eyes to look after your property.
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9 January 2025 | 107 replies
So it sounds like me you built additional equity into the home your living in now.
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3 January 2025 | 12 replies
Additionally, there’s always a risk that any pet-related damages could be hidden under furniture or otherwise concealed, potentially leaving us to cover the costs if the security deposit is fully depleted by other expenses (e.g., damages or unpaid rent).
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9 January 2025 | 12 replies
Are there additional steps you take when screening applicants, or do you take fewer steps?
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16 January 2025 | 12 replies
I use all of them:-Brokers-Platforms like LoopNet, Crexi (my favorite), and BiggerPockets Deal Finder-additionally, brokers often have access to off-market opportunitiesWhen dealing with brokers, I've found that you have to build a relationship in order to get a good deal flow.
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12 January 2025 | 185 replies
If so that's a big additional risk for the buyer.