
6 October 2024 | 1 reply
Just wanted to take a second to say hello and interduce myself to the community!

9 October 2024 | 11 replies
- Will I have a dedicated property manager or rotate through a team?

12 October 2024 | 6 replies
I can't figure out what the economic forces are in the community driving the high rents and relatively low purchase prices.

12 October 2024 | 54 replies
The best part of the BP community is that the fun doesn't start or end with BPCON with options to connect and learn year round - so let's start before we get to BPCON with a round of introductions.

11 October 2024 | 1 reply
In that same community, I also own an acre of land that I desire to construct a build-to-rent duplex.

11 October 2024 | 2 replies
Hello Community,I have a tenant who wishes to set up automatic reoccurring ACH payments on the rent for their unit.

12 October 2024 | 2 replies
., including floods, earthquakes, and severe storms.USDA Wildfire Risk to Communities – Offers detailed insights into wildfire risks for homes in specific regions, particularly useful for properties near forests or dry areas.Risk Factor – Analyzes flood, fire, and other climate-related threats for individual properties, giving you a risk score.Climate Check – Delivers property-specific climate risk ratings, covering heat, drought, fire, and floods.Do you consider environmental factors like flood and heat when investing?

13 October 2024 | 16 replies
I noticed that Springfield was a nicer neighborhood and it is a historic community.

11 October 2024 | 5 replies
You can be the go to agent in your own community/neighborhood.

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.