There are new laws affecting California transactions in 2024, some of which are very relevant to investors and house flippers.According to the California Association of Realtors, starting July 1, 2024 most 1-4 unit properties that are resold within 18 months (aka flips) must disclose:- repairs, renovations, room additions and structural modifications that were performed by a contractor with whom the seller entered into a contract- the name and any contact info for the contractor for any work over $500- any permits obtainedSo you still can be an HGTV star, just make sure you do it by the book. :)Have any of you flipping in the Los Angeles area been affected by these new disclosures?

Meaning for the time that they cannot enter the property they do not have to pay rent.

People typically run traffic to “We’ll Buy Your House” ads and I don’t want to enter any murky legal territory with mine.

'Owning' land for foreign individuals is not possible.

I’m here to learn, grow, and connect with like-minded individuals who can help guide me along the way.I’ve been fortunate to build great networks so far, but I know there’s so much more to discover in the beautiful world of real estate.

Common cash flow issues in real estate arise from vacancies, unexpected repairs, or market downturns.Typically, lenders require individual investors to have at least six months of mortgage reserves.

Essentially their model is to take a 3/4 bedroom SFH, put flex wall it to 6 tenants and rent out each room individually.

As for the 1031, while you as an individual LP cannot 1031, some syndicators will allow the syndication to 1031 from one controlled deal to another.  

I’m nearing the completion of my Tennessee Real Estate License, and I’m eager to connect with like-minded individuals in the real estate space, specifically in the Nashville and Franklin areas.I bring over 8 years of experience in renovations and custom home building, which has given me a deep understanding of the construction side of real estate.

I’m contacted multiple times a week by individuals who buy lousy real estate in Philly and I hear “ but the agent told me” or “the wholesaler promised me” it was a legal use…the rents would increase…..I could rent this section 8 and achieve xyz rent etc. etc.