Kaleb Ahonen
Riverside Realtor Looking to Learn and Help
31 October 2024 | 15 replies
I grew up in Riverside, and now I'm currently a Loan Officer for a Mortgage Company in San Bernardino County.
Dave Vona
Is SFR investing worth the return? An IRR analysis
8 November 2024 | 22 replies
So you're not really comparing apples to apples here.Also, most likely the syndication/crowdfunding deal you are comparing to is a completely different real-estate asset class than single family (i.e. probably multi-family,office, self storage,mobile home parks or something else).
William Coet
Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years.
Jonathan Weinberger
Managing 1.1M portfolio. Doubling it with Section 8!!
30 October 2024 | 22 replies
From the City to the courts, the police, the litigation lawyers, the inspectors, the utility companies and worst of all the tenants.
Nolan Fernandez
Buying house with Section 8 voucher
3 November 2024 | 24 replies
I'm going to try call the state office and see what information they provide me.
Henry Offiah
Getting into new construction
30 October 2024 | 3 replies
Make sure your land is zoned for the type of structure you're wanting to build by calling the city/county planning and permits office.
Shayan Sameer
Flix & Flip deals with HOA
29 October 2024 | 4 replies
You can also speak with real estate brokers, title officers, other investors, the local zoning officer, etc.
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
I have been researching this a lot lately because I feel this could not only shelter me greatly in 2022, but make or break my chance of being a full time real estate investor (which Ive been chasing for 20 years now, police dont make a lot :).
Jacob Nevarez
First House Hack
5 November 2024 | 28 replies
Not sure what loan you’ll be using to acquire your first deal but make sure you have a great loan officer who can give you the ins and outs of each owner occupied loan.
Emilie Pa
Which professional to contact for transfer of property
29 October 2024 | 6 replies
Hello everyone,My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the transfer besides my CPA.Can I do the transfer of the deed myself (going to the County Recorder’s Office) and just check with my CPA for taxes due?