
15 October 2024 | 2 replies
Did you get fixed rate financing back then, or did you have a floater?

16 October 2024 | 11 replies
I understand the frustration of fixing other people's messes.

17 October 2024 | 12 replies
If appreciation catches us, shave off a year or quantity I buy.30-33% equities, 28-31% private equity/small business(almost tapped out of growing this one), rest fixed income.

15 October 2024 | 24 replies
Are you saying I might get everything fixed PLUS more?

11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

16 October 2024 | 9 replies
Which will be expensive.I'd say if it aint broke dont fix it.Is this a gas furnace, or just a A/C unit.

16 October 2024 | 7 replies
If you occupy the property as your primary residence, you can potentally do a HELOC or fixed second mortgage up to 90% CLTV.

16 October 2024 | 17 replies
I understood the difference between bird dogging vs assignment fee/wholesale as a BD takes a low fixed amount regardless of whether the deal closes i.e. $2k or something low.

15 October 2024 | 12 replies
Outside of wholesaling, I'd like to explore BRRR, Fix-n-Flips, and eventually Multifamily properties.

13 October 2024 | 5 replies
Also, look at their profiles and search BP for others that match that may be able to assist you:)