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21 September 2024 | 69 replies
For example, A-class areas might become oversaturated with rentals or experience events that reclassify them as B or even C-class, while areas previously considered as C can rise to B or A status through new investments and revitalizations.Thus, the choice between prioritizing equity or cash flow isn't always clear-cut.For novice investors, I typically recommend starting with A/B areas due to their relative stability and lower risk, which makes them safer but often with less upside potential.
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12 September 2024 | 7 replies
I wish you great health and happiness.
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20 September 2024 | 73 replies
Then after that split is taken out, we pay income taxes to Uncle Sam, errors and omissions insurance (in case there's a lawsuit), Realtor's Association dues, MLS fees (so you can look at properties on Zillow), monthly technology/desk fees to our broker, health insurance, car insurance, gas, maintenance, clothing, computer, cell phone, software, marketing, etc.
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14 September 2024 | 26 replies
Earning Superhost status on Airbnb or Premier Host status on VRBO boosts your rental's visibility, as these platforms prioritize promoting top-rated properties in their algorithms.Equally important is understanding your ideal guest avatar.
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13 September 2024 | 4 replies
I just joined my local REIA (South Bay Chapter (LAC-REIA)) to also help me find additional information.A quick snapshot of my current status and goals.
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12 September 2024 | 2 replies
What do you think stagnant $/sf values alongside rising rental rates & absorption mean for the health of the market?
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14 September 2024 | 14 replies
You should have sent a notice to quit on August 13th, but what are their lease statuses?
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13 September 2024 | 8 replies
This status is important because it allows you to treat real estate losses as non-passive, meaning you can offset them against your W-2 income or other active income.If you don’t qualify, real estate investments are considered passive income by default, and losses can typically only offset other passive income, not your W-2 income.
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11 September 2024 | 6 replies
This is also the difference between additional insured status and merely being a certificate holder.
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11 September 2024 | 13 replies
The aids health foundation is sponsoring, to the tune of in excess of $10m, a proposition (prop 33) to over turn Costa Hawkins.