
6 January 2025 | 4 replies
The lessons you learned the hard way in 2008 will be invaluable now, and it’s great that you’re aiming to stay small-scale and within your comfort zone of Sacramento, which gives you an advantage of knowledge in that market.Given your experience, I'd say start by focusing on three key areas to build confidence and minimize risks:Budget Control: Over-renovating was one of the big mistakes you mentioned.

13 January 2025 | 8 replies
This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home.

4 January 2025 | 5 replies
However, tenant insurance is typically intended to cover personal property and liability for the tenant, not the building itself.

3 January 2025 | 4 replies
Looking to build a solid team over here if possible.

6 January 2025 | 25 replies
The tenant was in the building when I bought it (I've owned the building for 2 months) and he claims to have an insurance policy covering them.My insurance company is saying they'll drop my policy on the building if the pitbulls are there even with the tenant's insurance policy.The dogs are very sweet but the tenant lets them run free and they often go into the neighboring property, resulting in 4 malicious animal violations from animal control in the past year.Any thoughts on how I should handle?

25 December 2024 | 2 replies
This thought led me into studying about becoming financially free and building generational wealth.

3 January 2025 | 2 replies
I'm a single father, been raising my two daughters since they were born, and am ready to start building my wealth through real-estate.

4 January 2025 | 5 replies
The DCA has on file that the property is only a four unit building.
31 December 2024 | 8 replies
This is bad math, once most people factor in their income tax bracket.

9 January 2025 | 11 replies
But I would urge planners to consider that the Sec 263 regs they rely upon for the justification for not expensing remodeling costs is actually an exclusion section which prohibits deductions under pspecified circumstances that being that the amount was: "paid out for new buildings or for permanent improvements or betterments made to increase the value of any property or estate."