
24 March 2024 | 0 replies
All investors should consider private money lending as an additional income stream if due diligence is done correctly and the project is a good fit.

25 March 2024 | 28 replies
I don't know about you, but in 30 years I'd rather be sitting on a million-dollar asset that I own free and clear (because someone else paid it off for me) that is generating multiple, multiple times the rent I was collecting when I first acquired it and in which I can fill a vacancy with a qualified tenant within two weeks because the area is so desirable that it can't keep up with housing demand than on some boondocks asset that I only purchased because it was the cheapest thing around and "cash flowed" $200 per month on paper but barely appreciated over the years and whose rent appreciation has marginally kept up with inflation and takes me three months to fill a vacancy with a "qualified" tenant who even then might get behind on rent because his hours were cut at the gas station 30 miles away (true story; my tenant worked at a gas station in Boron--only job he could find).Personally, I'm keeping my 4-unit in Santa Clarita and investing in development deals and notes until an incredible off-market deal lands in my lap (keep dreaming, Logan) or the SoCal market cools.

25 March 2024 | 14 replies
Additionally, ensure that you're well-versed in local market conditions, property values, and renovation costs to accurately assess potential deals.

26 March 2024 | 28 replies
So if the investor-friendly agent platform does that I would take that route in addition to many other routes.

24 March 2024 | 19 replies
They contributed to additional stress, liabilities and spent energy and money at times throughout my ownership.

26 March 2024 | 22 replies
Additionally, you may qualify for FHA Down Payment Assistance, where it's truly a grant and NOT a silent second mortgage (avoid these at all cost, in my opinion).

24 March 2024 | 3 replies
Moving out of state, moving closer to work, school or moving into a bigger home due to expanding family like "pregnant" and/or requiring additional rooms or larger GLA.If you purchase a 2-4 unit and try to purchase another 2-4 unit if they are not "Common" to the area you will have a hard time.

24 March 2024 | 3 replies
The house is a 3b/2ba 1,895 sq ft home but an additional sunroom built in which brings sq ft up to 2,055 (based off tax records my agent found).

22 March 2024 | 13 replies
I would like to sell these properties to acquire a larger building, perhaps a 4-unit or larger (maybe commercial), priced around $1M to $1.2M.

24 March 2024 | 2 replies
Only sell if you have to, or you can move the money to another investment that can produce a better return.If you keep it, you'll have additional income for life.