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2 April 2024 | 10 replies
Once they sold enough units and got under 20% rentals, banks started lending and property values jumped.HOA fees always go up and you may have special assessments hitting you out of the blue, particularly in an HOA that's been mismanaged.HOAs have retired people with nothing better to do than spy on neighbors and report them.
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1 April 2024 | 27 replies
Wholesaling in SoCal can be tough....i haven't found the competition factor a set-back yet..if your really out in the streets, knocking on doors, at your court houses, county buildings consistently you find there are not as many wholesalers as you may think actively wholesaling.....there are quiet a bit of people talking and wanting to get in...i use the county buildings and the court houses for my leads...there are some really great untapped resources and tons of different types of leads you can get from those two places...and of course I have not discovered anything brand new...im just realizing the sucess is in the fight and how hard you want it...when i found out about these two sources i started to pull data from them and let me tell you it was overwhelming...but it was a gold mine...before i made enough money to pay someone to do this for me....i had to spend hours and hours and hours daily scrubbing data....finding address and owners names...etc...i have a system now and it runs smooth...i find some really great deals throughout LA County and Riverside County...I have 2 cash buyers that have bought all my deals...thats another important thing find real cash buyers...when i first started out i didnt have real buyers and i found out other wholesalers were acting as cash buyers just passing my deals on and on and it became a daisy chain leading to no where...Anyway i love wholesaling and i could type all day..if you want some creative ideas to find properties PM me....but dont give up...and don't let anyone discourage you about SoCal...its tough and it will literally make you cry....lol but its great place to start wholesaling...if your willing to put in the work...
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1 April 2024 | 5 replies
Its an inconvenience to make your tenants "not only" have to pay a monthly fee for a P.O.Box, but run into so many issues not having this will cause your tenants.
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31 March 2024 | 1 reply
So, for those utilities its usually better to either include them in the rent (if they are flat fee) or possibly to bill them back (if based on usage).
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31 March 2024 | 1 reply
They will now have permitted work without having paid permit fees for the work.
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30 March 2024 | 0 replies
Is it just another expense to factor into the numbers when analyzing deals?
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1 April 2024 | 11 replies
Hi Aryan,You might want to find a different place to live (where this is not an issue).I'm not saying right or wrong here, I'm just considering the PITA factor of it.https://www.apartments.com/provo-ut/?
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1 April 2024 | 67 replies
I know there are a lot of factors involved but curious what you would consider a decent price in the current market for a studio or 1 bedroom in Aldea Zama (pre-construction).
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31 March 2024 | 10 replies
thank you We don’t even stop marketing until we have leases signed and all deposits, fees and prepaid rents paid.
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29 March 2024 | 1 reply
On the eve of closing (last night), the escrow assistant informed us that we need to bring additional funds to closing due to two affidavits that need to be recorded in the loan package, for which the recording fees were not collected earlier.