Satyam Mistry
Bank Accounts for Multiple Properties
26 January 2021 | 42 replies
Here are the monthly allocations (+10% cushion for vacancy): taxes (TTM/12), vacancy/turnover 5% GSR, water/sewer/trash (TTM/12), repair/maintenance (10%), cap ex (3%-goes to money market monthly), CAM (lawn/snow) (3%), insurance (TTM/12), debt service (actual), property mgmt (12% - although I self manage).
Art Maydan
Next Step After House Hacking
23 September 2016 | 7 replies
Allocate the other 50% that was rental into a 1031 exchange and purchase a new replacement property = tax deferred.
Dustin Ruff
Let's get real about starting out
19 August 2017 | 93 replies
A big factor has been setting a strict budget that eliminated things I don't really care about, allocated a portion of that spending to things I do like (eating at restaurants from time to time, vacations, etc.), and saving the rest (sacrifice & discipline).
Bryan Feik
Using 1031 Exchange funds to purchase primary residence
26 November 2017 | 3 replies
Certainly that would qualify since you're selling investment for 100K and buying 100K of investment property.A family farm where a certain % of the farm is allocated to the primary residence and the rest to agricultural also come to mind as a common 1031 scenario.
Ellis Hammond
Is it better to lease or purchase my car?
24 July 2018 | 127 replies
Matt, if you're still in house acquisition mode, hunting and buying and renting to prepare for a better future for you and your family, it doesn't make any sense to buy a $50K car in the first place.When I referred to how much money someone might have in savings, I meant how much someone might have that was not allocated to any other need.
Josue Vargas
Smart move? Would you withdraw from 401K to invest in RE?
3 March 2019 | 159 replies
As you grow older adjust the allocation so its more conservative, so your portfolio is not as sensitive to market volatility and then cash out after retirement.
Gregory Schwartz
$10,000 SBA Loan / Grant
12 May 2020 | 187 replies
So I don't think # of employee matters, but I heard they will process those with more than 1 employee faster and allocate more money.
Greg M.
California Security Deposit Changes
13 January 2024 | 5 replies
Some other supposedly housing-related bills that will end the housing crisis, signed into law by Governor Nuisance:AB 12 by Matt Haney (D-San Francisco) – Tenancy: security deposits.AB 84 by Christopher Ward (D-San Diego) – Property tax: welfare exemption: affordable housing.AB 281 by Tim Grayson (D-Contra Costa) – Planning and zoning: housing: post entitlement phase permits.AB 318 by Dawn Addis (D-Morro Bay) – Mobilehome Residency Law Protection Act.AB 319 by Damon Connolly (D-San Rafael) – Mobilehome Parks Act: inspectors: conflict of interest: enforcement actions: sunset.AB 323 by Chris Holden (D-Pasadena) – Density Bonus Law: purchase of density bonus units by nonprofit housing organizations: civil actions.AB 346 by Assemlymember Sharon Quirk-Silva (D-Fullerton) – Income tax credits: low-income housing: California Debt Limit Allocation Committee rulemaking.AB 434 by Tim Grayson (D-Contra Costa) – Housing element: notice of violation.AB 480 by Philip Ting (D-San Francisco) – Surplus land.AB 516 by James Ramos (D-San Bernardino) – Mitigation Fee Act: fees for improvements: reports and audits.AB 519 by Pilar Schiavo (D-Los Angeles) – Affordable Housing Finance Workgroup: affordable housing: consolidated application and coordinated review process.AB 529 by Jesse Gabriel (D-Encino)- Adaptive reuse projects.AB 548 by Tasha Boerner (D-San Diego) – State Housing Law: inspection.AB 572 by Matt Haney (D-San Francisco) – Common interest developments: imposition of assessments.AB 671 by Christopher Ward (D-San Diego) – CalHome Program: accessory dwelling units.AB 812 by Tasha Boerner (D-San Diego) – Housing development approvals: reserving affordable units in or near a cultural district for artists.AB 821 by Tim Grayson (D-Contra Costa) – Planning and zoning: general plan: zoning ordinance: conflicts.AB 894 by Laura Friedman (D-Los Angeles) – Parking requirements: shared parking.AB 911 by Pilar Schiavo (D-Los Angeles) – Unlawfully restrictive covenants: affordable housing.AB 976 by Philip Ting (D-San Francisco) – Accessory dwelling units: owner-occupancy requirements.AB 1033 by Philip Ting (D-San Francisco) – Accessory dwelling units: local ordinances: separate sale or conveyance.AB 1114 by Matt Haney (D-San Francisco) – Planning and zoning: housing development projects: post entitlement phase permits.AB 1218 by Josh Lowenthal (D-Los Angeles) – Development projects: demolition of residential dwelling units.AB 1287 by David Alvarez (D-San Diego) – Density Bonus Law: maximum allowable residential density: additional density bonus and incentives or concessions.AB 1308 by Sharon Quirk-Silva (D-Fullerton)- Planning and Zoning Law: single-family residences: parking requirements.AB 1317 by Wendy Carrillo (D-Los Angeles) – Unbundled parking.AB 1319 by Buffy Wicks (D-Oakland) – Bay Area Housing Finance Authority: housing revenue.AB 1332 by Juan Carrillo (D-Palmdale) – Accessory dwelling units: pre-approved plans.AB 1386 by Jesse Gabriel (D-Encino) – Veterans housing: tenant referrals.AB 1449 by David Alvarez (D-San Diego) – Affordable housing: California Environmental Quality Act: exemption.AB 1474 by Eloise Gómez Reyes (D-San Bernardino) – California Statewide Housing Plan.AB 1485 by Matt Haney (D-San Francisco) – Housing element: enforcement: Attorney General.AB 1490 by Alex Lee (D-San Jose) – Affordable housing development projects: adaptive reuse.AB 1508 by James Ramos (D-San Bernardino) – Department of Housing and Community Development: California Statewide Housing Plan.AB 1528 by Mike Gipson (D-Los Angeles) – Housing authorities: property taxation.AB 1620 by Rick Chavez Zbur (D-Los Angeles) – Costa-Hawkins Rental Housing Act: permanent disabilities: comparable or smaller units.AB 1633 by Philip Ting (D-San Francisco) – Housing Accountability Act: disapprovals: California Environmental Quality Act.AB 1734 by Reginald Byron Jones-Sawyer Sr.
Rick Turman
Foundation Repair Ohio - Lima/Toledo Area
26 October 2021 | 3 replies
I'm allocating about 30 to 35k for this work so I'm sure anyone would take it whomever is willing to work.
Boris Mordkovich
How Much Does It Truly Cost to Furnish a New Airbnb
11 August 2022 | 28 replies
Once you account for kitchen supplies and a never-ending list of small things around the house, you can easily allocate $2,000 to the overall supplies category.Appliances - if you’re lucky, your property already comes with everything included.