
26 December 2024 | 13 replies
As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".

28 December 2024 | 16 replies
They usually say "Did you pay rent" and if the answer is no or the tenant starts giving excuses, the judge shushes the tenant like Judge Judy then moves on to "can you move out by yourself or do I need to have the sheriff help you move out?"

29 December 2024 | 10 replies
We are also considering an investment property loan so we could then stay in our current place and then rent out our 2nd property.Thats a good thing to keep in mind about STR revenue.How do you usually run your numbers and know what revenue to expect before buying a property?

26 December 2024 | 5 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

29 December 2024 | 11 replies
Usually, any semblance of "no" means "no."

25 December 2024 | 60 replies
Duplexes usually get a carve out, but triplexes not necessarily if you add ADU+JADU.

24 December 2024 | 1 reply
No realtor is just going to run comps for you unless they are a good friend of yours, and even then, they usually will run them incorrectly.

4 January 2025 | 14 replies
Great post as usual.

30 December 2024 | 20 replies
You can tell who is actually passionate about their job and passionate about the market usually pretty quickly.

5 January 2025 | 24 replies
It’s still a worthy strategy to force cash flow that’s rare to find in SoCal, especially if you can reduce the cost of construction by doing a conversion/using an ADU grant or even buying a property with an existing ADU In general, even if the ADU valuation matches your cost including grants, they are usually not worth it in southern CA in single family zones.