The real estate industry did this to themselves as well as to all of us so look for a good reason to be a vendor or service provider to people that are despaeate and going broke.Now the upbeat close of optimism..are you ready?

After university I worked on Wall Street as a stockbroker, a consultant (optimizing the financial and business development structure) and I had a marketing/technology start up that I have sold successfully in 2017.

., having to make sub optimal decisions based on their bylaws. 

So from a tax optimization pay the rentals first.2.

The integration of AI in real estate is not just a trend; it's a game-changer in making more informed and profitable decisions.How AI is Transforming Real Estate Investments:Tenant Experience & Retention: AI helps with predictive maintenance and efficient tenant communication, enhancing tenant satisfaction and retention​​.Lease Management & Optimization: Dynamic pricing and lease renewal predictions are now more accurate with AI, maximizing returns on rental properties​​.Risk Management: Nuanced tenant credit assessments and AI-driven security systems are vital in safeguarding investments against risks​​.Marketing & Lead Generation: AI enables targeted advertising and immersive virtual tours, attracting the right tenants and buyers​​.Financial Analysis/Underwriting: AI aids in accurate cash flow projections and simulates various investment scenarios for better decision-making​​.AI Applications in Real Estate:DataRobot AI Platform: This end-to-end enterprise AI solution provides insights for forecasting future real estate market changes and identifying profitable investment opportunities​​.AI-Enhanced Platforms: Companies like Rex, Redfin, CoreLogic, and Zillow use AI for various purposes such as communication between property maintenance teams and renters, automating property recommendation processes, and providing accurate property value estimates​​.AI in Your Business: Steps to implement AI in real estate range from identifying business areas for AI implementation to training your team and monitoring performance​​.Discussion Points:Are you currently using AI in your real estate investment strategies?

I'd advocate the best way to learn the business and optimize profit is to self manage.   

The new construction has very similar prototype as my house except that my home can be used as a triplex but the newer one is strictly a duplex.Of course the newer home will have all the bells and whistles of a newer construction that my 15 year will not have.I am thinking of selling but I am not in a rush and I 've been toying with the idea of timing my sale with the other property.I personally think the listing price and/or sale price of the newer construction will positively impact the value of my property.If I put my property on sale right away I feel I may not be able to reap the benefits of the neighboring new construction.I personally I think if I put my property on sale exactly around the same time the newer construction goes on sale,it will help me sell my property at an optimal price.I am interested to hear thoughts from other experienced members.

Passive marketing often has the biggest profits on your deals, because someone is in pain and they are seeking you out.Passive Marketing: Search Engine Optimization (SEO), Google Pay Per Click (PPC), Facebook Ads Retargeting, Direct Mail, TV commercials, Radio AdsActive Marketing on the other hand can be extremely difficult and go through boom and bust cycles.

Yes there are unscrupulous people in each profession, but saying a whole profession is unethical because a few of their members are is ridiculous.An optimized overfunded permanent life insurance policy give less commission to the insurance agent as he or she is tweaking it to give the best return to the owner by lowering all the fee, including his/her commission.The long term IRR of an optimized whole life insurance is in the 3-5% range; The long term IRR of an optimized Index Universal Life insurance is typically in the 5-8% range.Yes it is not excellent compared to some 10-20% IRR you can get with real estate, but you have to remember that it is also tax free (so a few percent more to compare apple to apple).

OP needs to consult with a tax expert that includes knowledge of the CA property tax subtleties.In general it is easier to get advice before doing something like this and doing it optimally from the start than try to determine optimal way at this time.