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16 October 2024 | 17 replies
(vii) would seem to indicate that you'd be acting as an unlicensed broker.(1) "Broker":(A) means a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts:(i) sells, exchanges, purchases, or leases real estate;(ii) offers to sell, exchange, purchase, or lease real estate;(iii) negotiates or attempts to negotiate the listing, sale, exchange, purchase, or lease of real estate;(iv) lists or offers, attempts, or agrees to list real estate for sale, lease, or exchange;(v) auctions or offers, attempts, or agrees to auction real estate;(vi) deals in options on real estate, including a lease to purchase or buying, selling, or offering to buy or sell options on real estate;(vii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(viii) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate;(ix) procures or assists in procuring property to effect the sale, exchange, or lease of real estate;(x) controls the acceptance or deposit of rent from a resident of a single-family residential real property unit;(xi) provides a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:(a) is not referred to as an appraisal;(b) is provided in the ordinary course of the person's business; and(c) is related to the actual or potential management, acquisition, disposition, or encumbrance of an interest in real property; or(xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale; and
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15 October 2024 | 21 replies
Look at the lenders ability to perform and act honestly.
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16 October 2024 | 10 replies
Good to know, I will put these ideas at the forefront of my thoughts.We are going to take a look at it Monday, with my Uncle who is a GC, so I think I will get more accurate numbers after that and reassess things from a conservative point of view.Thank you for your responses.
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15 October 2024 | 2 replies
Keep your exit strategy flexible; if the duplexes don't perform as expected, selling could be a safer option.
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13 October 2024 | 2 replies
Hello everyone,I am buying an RSO-controlled property in Los Feliz and will be performing a no-fault eviction so I can move in as my primary residence.The property is currently a duplex, with a 2 bed 1 bath on the top and a 5 bed 3 bath on the bottom.
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17 October 2024 | 47 replies
Are you performing well with delivery?
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12 October 2024 | 3 replies
The absolute best way to get an accurate ARV / comps is to reach out to a realtor.
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12 October 2024 | 4 replies
The performance metrics typically look strong.
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12 October 2024 | 5 replies
I’m already aware of the popularity of Joshua Tree and Lake Tahoe, so I’m interested in hearing about other markets that are strong performers and investor-friendly in terms of regulations.Does anyone have insights on:Specific cities or regions where the permit process is more straightforward?
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15 October 2024 | 26 replies
I believe that having multiple properties can enhance the performance of each property I own.