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2 February 2025 | 13 replies
How does an llc work if I live in Nevada or Texas as my main residence and part time in California?
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11 February 2025 | 4 replies
I think the main issue here, is not working with a trusted broker. 1 bad review will ruin a small broker shop's reputation.
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26 January 2025 | 6 replies
Because of the frustration, when asked to purchase the large lot in front of their house which leads to the main road, they turned it down.
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5 February 2025 | 54 replies
Were obviously “reverse engineered” to find a way to “back into” an attractive or at least acceptable cap rate3.
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9 February 2025 | 3 replies
My main motivation to eagerly learn is to achieve financial freedom and hopefully one day be able to retire my mom.
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12 February 2025 | 3 replies
I flip with cash, not loans, mainly because there are not enough deals out there that meet my highly selective acquisition criteria, so no need to pay interest on cash otherwise sitting in a money market account.
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3 February 2025 | 15 replies
There are many reasons why I haven't pursued the arbitrage model, but mainly that it takes too long for the ROI after investing all your time and effort into buying furniture and renting and paying utilities.Let's say you rent an apartment for $1500 and you spend $7000 to furnished it.
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24 January 2025 | 6 replies
Address Your Financial ProfileBridge the Revenue Gap: Highlight your equity in the duplex and use your sale proceeds to demonstrate “skin in the game.”Partner to Compensate Experience: A financially strong and experienced partner can help offset your limited track record.Focus on the Land Deal: Secure the land at a good price, as it’s a crucial step in gaining credibility and attracting partners.Final ThoughtsYou’re entering an exciting and impactful space in real estate development.
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22 February 2025 | 13 replies
This document is signed by the contractor, subcontractor, or supplier after they have been paid in full, and it legally waives their right to file a mechanic’s lien against your property for the completed work.There are two main types of lien waivers:Conditional Lien Waiver – Becomes effective only when payment clears (use this if you’re issuing a check or waiting for a transaction to process).Unconditional Lien Waiver – Takes effect immediately upon signing, meaning the contractor cannot later claim unpaid amounts and file a lien (use this only when you’re certain payment has been fully made).To protect yourself, always require a signed and notarized unconditional lien waiver after making final payment.
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25 January 2025 | 6 replies
I believe it to be a little Southern California hidden treasure for cashflow, mainly class C but if you know what you are doing its a really good option to invest locally in CA with decent returns.