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4 August 2024 | 13 replies
There are definitely some challenges and concerns, like the infrastructure, but I have another friend that relocated there full time post the most recent hurricane and has been rebuilding a lot of the power grid.
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6 August 2024 | 28 replies
I like these amongst ,many other right nowREXR - (Rexford) they are a niche (sub-specialist) in industrial warehouse/distribution/manufacturing in the southern California only urban or Infil area, they are not international like PLD - prologis, their MOAT is that SO-Cal has geographic limitation to new inventory, so they have rent pricing power that industrial in rest of country doesn't, also 26 million people in so-Cal and the 2 busiest Ports in country, their earning/revenue projections next few years are best in class, and they are cheaper on price to book than PLD or others, I own some and will buy a lot more in upcoming Recession, likely in next 6-12 months, when publicly traded equities will likely slide by 20-30% although their assets (physical buildings) are only going up in valueVICI- (casino REIT), used to be part of Cesars palace, then Caesars spun them out in 2018, to do sale leasebacks of their properties to take all that physical capex off the books.
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2 August 2024 | 4 replies
You'll either have to convert the house into a legal duplex by getting permits from the city or you install an electrical panel split so that you can track each units/bedrooms of their power usage.In terms of lending world and being to use the rental income, the property needs to be a legal duplex meaning title must be shown as a multifamily and not a single family in order to use the rental income separately.
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6 August 2024 | 54 replies
Nobody thinks the electric company is evil because they shut off the power when you don't pay your bill.
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4 August 2024 | 10 replies
But if they're selling stock or cashing in stock options, they now have 20% to 50% less purchasing power than they did six months ago.
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2 August 2024 | 4 replies
We get the opportunity to engage with PGE for our power company.We have walked through a number of EV charging solutions but they seem to not understand the process.I want something convenient, easy, and provides some revenue (this may be asking too much).
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3 August 2024 | 10 replies
How can I verify this in the future when there is no power to the home?
1 August 2024 | 2 replies
I'm early in my stages of RE investing. We bought our 1st home, saved some money and bought a duplex investment property. It's now time for us to buy a larger family home, but I don't want to sell my 1st home b/c I'm ...
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1 August 2024 | 13 replies
Those having some success with REI in the New Orleans area are getting deals direct to seller and using creative REI techniques.
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5 August 2024 | 16 replies
Tips on assembling a dream team of like-minded professionalsStrategies for creating a sustainable portfolio that provides affordable housingI'm a firm believer in the power of community, and I'm excited to connect with fellow investors, learn from your experiences, and (hopefully) share some insights of my own along the way.Let's build something great together!