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4 August 2024 | 2 replies
You work a stable job and make $5K a month.
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6 August 2024 | 28 replies
I like these amongst ,many other right nowREXR - (Rexford) they are a niche (sub-specialist) in industrial warehouse/distribution/manufacturing in the southern California only urban or Infil area, they are not international like PLD - prologis, their MOAT is that SO-Cal has geographic limitation to new inventory, so they have rent pricing power that industrial in rest of country doesn't, also 26 million people in so-Cal and the 2 busiest Ports in country, their earning/revenue projections next few years are best in class, and they are cheaper on price to book than PLD or others, I own some and will buy a lot more in upcoming Recession, likely in next 6-12 months, when publicly traded equities will likely slide by 20-30% although their assets (physical buildings) are only going up in valueVICI- (casino REIT), used to be part of Cesars palace, then Caesars spun them out in 2018, to do sale leasebacks of their properties to take all that physical capex off the books.
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5 August 2024 | 3 replies
My intent is to be ready to refinance the building through a local credit union that does not have a seasoning requirement within 9 months of purchase.
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6 August 2024 | 14 replies
But if your gains are, say $250k, and you lived there for a year, you'd get the primary home tax exemption up to that $250k. 6 months, 125k.
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2 August 2024 | 7 replies
So if an agent is not strong in using social media, are there services they can outsource this task to?
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1 August 2024 | 5 replies
Hello, A few months ago I wrote about how I was done procrastinating and ready to get in the game.
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4 August 2024 | 1 reply
In addition, I live with my parents so even househacking will still cost me over $400 a month, which is what I pay to stay with my parents.
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4 August 2024 | 8 replies
-I gave them a 3yr option to buy at anytime-purchase price increases 1.5% every 6 months-They put $10k down (non-refundable) that will go towards their purchase-They pay $1850 in rent.
4 August 2024 | 2 replies
Seems like you know the answer and need confirmation (and I am typing this from a 3/2 beach block condo in Wildwood Crest.)At 25% down purchase, even renting 12-14 weeks you would negative cash flow $3-5k month when you consider the many layers of expenses and the current rate environment.
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6 August 2024 | 8 replies
I might get extra $300/month ($3900 instead of $3600)I may sell it in about 5 years, and plan to do full remodel then.