
21 October 2024 | 16 replies
There could also be hidden costs, additional liens, or property issues reducing auction value.

17 October 2024 | 2 replies
Pick their brain.Lastly, I'd make sure their insurance policy names you as an additional insured.

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?

19 October 2024 | 16 replies
Additionally if you can live in one unit for a year, then you can get the best of both worlds, better financing and a larger than a single family home. 2-4 is a great place to start, shop around for pricing and see what is available.

17 October 2024 | 5 replies
Selling (1031 exchanging) our high equity family owned properties is the best (really only) option that we have for funding our share of new purchases right now and with each new purchase, we are buying nicer and usually larger units in better neighborhoods so I'm trying to improve the quality of our family owned holdings in addition to growing a new business with our new partner.

19 October 2024 | 5 replies
Then use your additional income and cash flow to start paying off those houses, starting with the smallest mortgage first.

17 October 2024 | 8 replies
Hi friends, I am a real estate investor from Israel and new to this market, I would appreciate recommendations on good agents to work with, who have experience with remote contacts.In addition, if there are investors here in the group that I can talk to, get to know, hear and learn about the city and recommended investment areas, I would appreciate it if you could send me a message
17 October 2024 | 15 replies
Here's an article with additional FAQs on cost segregation studies that you may find helpful.

18 October 2024 | 5 replies
In addition, you're getting close to owning it across two tax years and actually owning it for more than one calendar year.

17 October 2024 | 5 replies
Occasionally, I speak with investors who prefer additional language stating what would happen in a scenario where they find their own property.Does your buyer agreement specify what happens if you find a seller directly?