
17 October 2024 | 6 replies
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?
21 October 2024 | 0 replies
I originally planned on selling the home, but after researching through Bigger Pockets lately, I have decided to hold and rent after a rehab.

22 October 2024 | 5 replies
If location isn't a big factor (does not seem to be based on original post) I would highly recommend looking into building a barndonium or shouse in an an area where you can get a tract of land fairly inexpensive and has little zoning regs and requirements.

22 October 2024 | 23 replies
@Jay HinrichsThat lender yes made a very bad investment which I am being kind with those wordsI have a non performing loan in BK and a person gave this person $60k loan unsecured while they were in bankruptcy and never even ran credit or checked on his backgroundShe now wants to sue for fraud which great your suing someone in bankruptcy - the money is gone.

17 October 2024 | 14 replies
In a former life this was fairly common but I would have it paid to escrow and then credited off my origination fee, if that makes sense.

19 October 2024 | 14 replies
Going to meetups and conferences in a market you live in or are interested in investing in is always a great way to get a good sense of what it is like investing there and seeing how your property could potentially perform.

23 October 2024 | 19 replies
He was originally the owner of the franchise and all the local Big Yahoos used him for their taxes.

18 October 2024 | 3 replies
Any delay or failure in the performance by Landlord hereunder shall be excused if and to the extent caused by the occurrence of any event that is beyond Landlord's control, such as fires/ floods, earthquakes, wars, sabotage, terrorism, vandalism, governmental acts, injunctions, or labor strikes, acts of God and any other occurrences that are unavoidable or unpreventable despite reasonable efforts to prevent, avoid, delay, or mitigate the effects thereof."

16 October 2024 | 16 replies
Originally posted by @Russell Brazil:@Carl Richardson The only work around I see is hiring the "bird dog" as a personal assistant.
24 October 2024 | 18 replies
Originally posted by @Matt Schlough:I was using the one from Rocketlawyer.com.