Andrew Acuna
What is everyone's obsession with hiring PMs!?!
4 September 2024 | 84 replies
If you want to take a vacation, be out sick for an extended period, or even just move on, you'll need to "hire" and train a replacement.In terms of "The Cashflow Quadrant" (E - S - B - I), you're in the bottom-left corner: you're self-employed.You would need to move to the top-right corner and become a business owner: the business needs to run even when you're out sick, on vacation, "on family leave", etc.If you're new to the concept, "The Cashflow Quadrant" looks like this:E | B-----S | I"E" is you're an employee in someone else's business.
Daniel Escobar
Any flippers in Santa Barbara
20 August 2024 | 12 replies
Currently have multiple projects in SB with some nearing completion.looking forward to meeting some local minded people.
Steven Schafer
Remodeled Duplex - From 2/2 to 3/2 without moving outer walls
20 August 2024 | 3 replies
I’d think most renters would have their own charger depending on the plug types used.Until EVs are much more prevalent and the standard is 100% aligned for charger I don’t think we’ll see a lot of them except at mega complexes, and to your point it’ll probably be a manager who wants a write off for theirs.
Vierra Wong
SB721 Balcony Inspections - SF Bay Area
14 August 2024 | 3 replies
My issue with SB 721 is that interpretations of the law vary from individual to individual.
Nate Quinn
Ready to Learn
14 August 2024 | 8 replies
I used to live in SLO and spend time down in SB often.
Lindsey Garrison
Husband-Wife Team Intro!
11 August 2024 | 9 replies
I was a resident in SLO and made many trips to SB.
Jasjaap Sidhu
Los Angeles - Detached ADU conversion - 150 sq ft expansion for ingress/egress?
11 August 2024 | 4 replies
The state legislation (SB 13) and the local guidelines both expressly distinguish between ADUs and JADUs and state that the 150’ applies to both of them, not just JADUs (“The accessory dwelling unit or junior accessory dwelling unit . . . may include an expansion of not more than 150 square feet”).
Omer Hassan
New construction incentives in San Marcos too good to be true?
12 August 2024 | 12 replies
I'm located just north of Austin, and our mega builders are offering some incredible incentives right now to move inventory.
Michael Keith
5 Main Reasons Why the Real Estate Market Won't Crash
7 August 2024 | 73 replies
The next trades are oil producers, defense stocks, and mega cap tech after their reckoning.
Guillermo Sanchez
Brandon Turner ODC fund
13 August 2024 | 69 replies
Many Multi-family properties now in debt service trouble as the GPs took out very risky 2-3 yr floating rate or adjustable loans so they could cash flow after buying very expensive 3Cap apartments, which loans have gone from 1.5% to 5% or higher, and knowing that obvious and predictable risk since every primate could see mega-inflation coming in early 2021 due to more money printed in 2 yrs than first 200 yrs of country, They "smartly" took out Rate Cap insurance, (cost 50k for a 12 month policy on 10mil loan to cap variable insurance rise about 1-1.5% above the origination level) but now that US 10yr up 10x from 0.31 in 3/2020 to 4.2%, that same insurance policy is 1.5-2.0 million not 50K, so They can't cover the much higher debt service nor buy new cap insurance without shutting down distributions or capital calls.