However, I like that there isn't a lot of work to do and I could still make the property really cute with not much risk.Inventory is so low.

California landlords can now enjoy streamlined maintenance and cost savings thanks to AB 2622.Signed into law in September 2024, AB 2622 raises the threshold for unlicensed contracting work from $500 to $1,000.

What strategies have worked best for you when managing your real estate portfolio?

And there are lots of conventional loan programs where you can put down <20%If it were me, and I was committed to purchasing, I would try and land an off market property needing a bunch of work and force appreciation that way.

Also, some helocs will offer Interest Only payments, some that go above 90% LTV may ask for 1% of the outstanding balance or 1.5% of the outstanding balance.

The plan is to use the heloc to purchase additional properties, and basically brrrr and pay back the balance - then repeat.What I didn't realize is how difficult it is to find a business heloc.  

I find that it produces better returns and work great to trade up and accelerate wealth building. 

I can tell you with confidence that Many of my clients have done both and it worked out.

New investors can easily fall into the trap of believing that they can 'make it work,' especially when they invest time and resources into a property.

It doesn't work like that.