
19 January 2025 | 18 replies
$9k/$72500=12.4% Rate of return (not including any closing costs which would reduce this return).

6 January 2025 | 31 replies
Laundromats are open to the public, and if the local neighborhood has a high crime rate and transient population, those can be potentially expensive problems that can affect your business.

4 January 2025 | 11 replies
Ok, if it's still sounding do-able, the next issue is that section 179 can't be used to create a business loss, so it would only reduce your taxes for the year if your rentals are operating as a taxable gain (but rentals are often at a tax loss thanks to depreciation).

8 January 2025 | 10 replies
Using a 401(k) loan reduces your emergency liquidity, which could make the investment riskier if unexpected costs arise.

30 December 2024 | 24 replies
I’d love to come to a meeting of the minds and a public forum probably isn’t the best place to do that.

5 January 2025 | 24 replies
It’s still a worthy strategy to force cash flow that’s rare to find in SoCal, especially if you can reduce the cost of construction by doing a conversion/using an ADU grant or even buying a property with an existing ADU In general, even if the ADU valuation matches your cost including grants, they are usually not worth it in southern CA in single family zones.

9 January 2025 | 107 replies
I made it public to everyone. https://docs.google.com/spread...

15 January 2025 | 34 replies
There are two sides to every transaction: private and public..

10 January 2025 | 13 replies
And all of this happens during the contract period reducing purchasing risk.Great strategy especially when practiced just on the outskirts of a major metro area in a country setting(a weekend getaway property that can be marketed to city folk).

19 January 2025 | 354 replies
This way we reduce our monthly legal expenses and have cash reserves to weather the next few quarters during the virus.