
31 July 2024 | 5 replies
If not, I'd strongly recommend staying in the city for a weekend, driving around to different areas that you're looking to invest in and just getting a feel for the zip codes that you'd like to invest.I'd also like to pass along this zip code breakdown done by Doug Skipworth and Dean Harris (from Crestcore) to give you a better idea of which areas to look for deals and which areas to avoid: https://youtu.be/cl69pb2DvEo?
31 July 2024 | 9 replies
Thus the greater fool theory.Personally, I steer away from D class properties and try to go to C+ to B- areas where you get good hard working people with families that want a safe place to live.

30 July 2024 | 23 replies
Hmmm... while I agree that for purposes of Section 199A there is a series of safe harbor tests, but I don't see a specific tax court case or statute that specifically changes, improves, overturns, etc. the decision in Grier.

31 July 2024 | 7 replies
He was always safe in regards to PITI but you never know. liquidity won’t be a problem. only brought up owner occupancy of 1 unit to see if it added any benefit for cash out refinance or caused any harm.

31 July 2024 | 17 replies
I only drive on the interstate when I can use my peach pass or you will sit in traffic for hours barely moving.Lots of CA and NY buyers moving away from political views and government changes they do not believe in.

30 July 2024 | 3 replies
Of course, if your local ordinances restrict occupancy numbers, you can safely follow those ordinances.

31 July 2024 | 4 replies
The tenants love her, she stays on top of maintenance, has implemented upgrades to improve the property and drive rent increases (much to my dismay, LOL), organizes fun themed events with catered food for tenants, manages evictions and oversees the building's Section 8 program.

30 July 2024 | 4 replies
For me this involves making a lot of spreadsheets, but I will give you the outline.1)Establish risk capacity and tolerance: Capacity=how much can you afford, and tolerance=what you actually feel safe spending2)Use that information to narrow down what is available to buy: The amount will buy you a duplex in PB with 2 1/1's, will also get you a 4plex in Lemon Grove with 4 2/1's3)From there do the research on all of the available units that fit your criteria: This includes, but is not limited to, historical data on appreciation, market rents, historical rental data, and migration trends.4)Don't be afraid to wait for the right propertyI hope that I was able to simplify my process for you in a way that is helpful.

30 July 2024 | 13 replies
C market- if your 10x20 drive up non climate controlled is say $80 or less, the return isn't high enough for new construction.

31 July 2024 | 37 replies
If so, what factors do you think are driving this change?