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8 November 2024 | 17 replies
Do you owner occupy this same tri-plex, and are you in a rent controlled area of LA?
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9 November 2024 | 3 replies
I agree with Laura, if this is a long term rental it would be hard to convince the tenants that they have cameras on the property that the owner controls even with all the stuff that you mentioned (does not turn, only for surveillance for crimes etc.).
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13 November 2024 | 18 replies
Yes, there are things that are out of your control, but my personal POV is the whole "I need an LLC" is a little overblown.
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12 November 2024 | 11 replies
It’s flexible and can help you fund deals quickly.Lease Options: Similar to “rent-to-own,” you control a property with minimal upfront costs and can potentially get a cut of the appreciation if you decide to buy it later.Lines of Credit: If you already own a property with equity, a HELOC or business line of credit can give you accessible funds for down payments or renovation costs.House Hacking: This might sound basic, but if you haven’t tried it, it can be a fast track to building up rental income and experience without a ton of cash down.
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8 November 2024 | 2 replies
NSPIRE inspections will more accurately reflect the true physical conditions of properties and ensure that property owners adopt sound maintenance practices to eliminate health and safety hazards that may pose a threat to residents.
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11 November 2024 | 8 replies
He's a really smart guy when it comes to supply, demand, rent control, and overall investing
14 November 2024 | 20 replies
I’ll admit that I didn’t outright ask them if they lie, steal, and generally engage in immoral business practices during the vetting process.
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9 November 2024 | 3 replies
They can be cleared yearly with hydrojetting and that practice is fine as long as the pipes are in tact.
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8 November 2024 | 1 reply
He is full of practical advice.
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8 November 2024 | 2 replies
In addition to this commercial unit, I currently manage a portfolio of five residential and commercial units, which has allowed me to gain hands-on experience in property management.My approach focuses on maximizing property value through strategic enhancements, ensuring tenant satisfaction, and implementing efficient management practices.