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21 January 2025 | 59 replies
That’s thanks to a combination of rent increases, successfully appealing property taxes (highly recommend if you understand the process), and just giving the portfolio time to stabilize.One thing I’ll say is that a lot of people underestimate how much capital it takes to scale quickly.
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6 January 2025 | 9 replies
I'm not sure that I would recommend switching them in and out of your name.
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19 December 2024 | 2 replies
Hi All,Does anyone have a good PM company they've used or are using in or around OC that you would recommend?
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31 December 2024 | 12 replies
You'll end up in court with a lease agreement that says rent is $1, and the recommended tip is $1,999.
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4 January 2025 | 12 replies
I would recommend having a conversation with your tenants and letting them know of your interest in selling the property to gauge their interest in terminating their lease early - or if you have a termination clause, invoke it.
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31 December 2024 | 4 replies
What is the recommended R-value to use?
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4 January 2025 | 5 replies
When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.
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2 January 2025 | 29 replies
We were using a 4th (not on your list) but I cannot recommend them.
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2 January 2025 | 8 replies
They also have calculators to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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2 January 2025 | 6 replies
None of which I would recommend.