Now, it took me many years and a lot of real estate trading to get to this place with my bank, but that is why I highly recommend that RE investors work hard and finding and nurturing a local banking relationship.

And now, that roommate will be moving out soon, and has told me that the main tenant was not cleaning up after himself.

I have access to see properties on market with assumable mortgages for FHA. 

Also is it in an attic or a basement and how is access.

This info also gives agents the edge in guiding clients, setting them apart as the go-to experts in Carlsbad’s fast-moving market.If you're curious about how SB-423 can work in other parts of California, definitely check out It's Time to Invest in California, now!

If you have any tips, resources, or advice for someone just starting out, I’d greatly appreciate your insights.Some specific things I’m working on right now:Building a strong buyers list.Identifying motivated sellers and honing my outreach.Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

Now, this would obviously be negatively cash flowing since you would need to pay taxes and insurance.

Now my investor network as expanded and the best split I have experienced was 65/35 in my favor but I invested 40% of the cash and created over a million in imputed equity before any investor dollar was raised allowing me to originate a bank loan at 87% LTC.

It's tough in this market but not dead, off market deals are very tough to get right now and you have to jump on them when you see a good one.

If we're talking about some Section 8 houses in Cleveland or Detroit, sure, I am with ya, I live it every day, but what we're talking about right now is a different world.