Wholesaling is a great low cost way to make a lot of short-term cash, but it does not build long-term wealth.

California landlords can now enjoy streamlined maintenance and cost savings thanks to AB 2622.Signed into law in September 2024, AB 2622 raises the threshold for unlicensed contracting work from $500 to $1,000.

My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.

The same with cleaners and maintenance people.

Originally posted for 100k over what the purchase price was I submitted an low offer and received a counter.

Until 2018, when it was closed due to low revenue and high maintenance costs 2.

If they are low balls then usually you are asking someone to work for free as the fix and flip landscape is competitive for a low pay out.

Securing funding has been challenging, particularly because my business documents reflect low revenue from only one duplex, and I am currently between jobs.I have identified a reasonably priced piece of land and have saved a small portion of the funds from my duplex sale to invest in this venture.

Risk entails everything from lawsuits to lack of diversity in investments to low rates of return to high exposure to vacancy (more units theoretically lowers vacancy exposure).

Tons of value in learning property maintenance and tenant management.