The road to recovery is long, messy, and full of setbacks—but it also taught us something important: with the right support and determination, rebuilding isn’t just possible—it can create stronger, more resilient communities.Now, as wildfires tear through LA, I want to share the lessons we learned to help others rebuild with hope and purpose.

:Quote from @Jimmy Lieu:Have tons of examples of deals that hit the 1% rule and positive cash flow.

Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something? 

A warranty can bring peace of mind, especially if the tenant values quality and reliability.Here’s our rule of thumb:For budget-friendly rehabs: Used appliances from a reputable source can be a smart choice.

This approach simplifies the sale and avoids unnecessary legal or tax complications.If she want to share the proceeds and tax obligation in a technical way, she need to file a partnership return for this property.This post does not create a CPA-Client relationship.

.- The golden rule in my group is the seller has to have a deal, the numbers work, be willing to sign, be willing to move out no later then 7 calendar days prior to the auction!!!!! 

Guests rule and get away with murder.Right now we have about 75% of our 2025 bookings through VRBO.

You can find duplexes under $180K in C-class neighborhoods, in decent condition, that meet or exceed the 1% rule

This creates a negative initial position.

But rule number 1 and 2 in investing is don’t lose money.