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30 December 2024 | 819 replies
The actual crimes were lower level non REI related.
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5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
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2 January 2025 | 15 replies
I would give them their non-renewal notice as soon as I possible.
31 December 2024 | 8 replies
You'll make a much healthier return on your investment that way.If you simply want to buy a home and rent it out longterm, Elk Grove and Roseville are both considered more high-end suburbs and have appreciated significantly over the last decade.
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28 December 2024 | 16 replies
Don't bring up lease violations and other things that have nothing to do with the non-payment of rent.
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28 December 2024 | 6 replies
Other ways of using SDIRAs could be to invest in syndications, performing or non-performing debt, precious metals, raw land, precious metals, mobile home parks, self-storage facilities and more.
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2 January 2025 | 16 replies
Without knowing any of your financial position of your work or side hustles it is hard to give you exact advice because you may be able to carry these homes until they are paid off and in that case they would provide solid returns, but there are likely better real estate investments out there.
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27 December 2024 | 8 replies
Do not make the mistake of including non-operating expenses in your NOI.
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30 December 2024 | 4 replies
I’ve been working probate leads here in San Diego for some time and your words are right on point…lot of time for sometimes little to no return.
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24 December 2024 | 14 replies
This will allow you separate business income and expenses from personal income and expenses.Since you plan to house hack your bookkeeping and tax return preparation will be more complicated because a percentage of your home expenses will be personal deductions and some will be business deductions.