
12 May 2024 | 4 replies
Sometimes there are LITERALLY MAPS on the sections being revitalized… Reading through these documents gives you a TON of insight… it’s basically insider trading but COMPLETELY LEGAL my friends….

15 May 2024 | 48 replies
I’m going to visit the property tomorrow and he is taking me through each apartment.

15 May 2024 | 35 replies
I got the impression his partner wanted to do financing through them over 15 years and the main investor wanted to buy outright… i assume that’s why it fell through. if we sold the place to an investor, we’d need to sell outright and would need the money upfront (instead of financing).

15 May 2024 | 14 replies
"The bidding starts at <60% FMV>"4) After you get some bids on Sunday and the open house is over, you start going through the bidder list and calling everyone bu the highest bidder offering them to outbid the highest bidder.5) You repeat step #4 until you bid up the price as high as you can.6) Meet with highest bidder and take a non-refundable deposit (specify this as a "condition" of the bid auction). 7) Close.The idea here is if the highest bidder flakes out, you still have a list of other bidders, everyone just $500 or so lower than the highest bidder.

15 May 2024 | 3 replies
Last week, I learned about Section 8.52.110 which is an LA County regulation requiring an owner to compensate residents they are evicting through the Ellis Act (no-fault) anywhere between $7k and $20k depending on the number of rooms in the apartments and the age/disability of the resident being evicted.I believe Hermosa Beach follows this rule, the city lies within LA County, but can't verify with anyone from the City if the City has a rule that supercedes the LA County rule.Can anyone with knowledge of this rule and how it is applied point me to a website or other source of information that would answer this question?

15 May 2024 | 16 replies
It does not seem like they are out to get your money, but actually help people through co-investing (I understand it does help them to).

15 May 2024 | 12 replies
Through diligent research, I successfully secured a favorable private loan and became eligible for a home loan.

15 May 2024 | 9 replies
Can ideas how to make a foreclosure sale go through when there's no stove or hood (usually required for conventional loans) seller won't do any repairs or credits.

15 May 2024 | 3 replies
This classic book is a great starting point for anyone interested in building wealth through property investment.

15 May 2024 | 5 replies
How do I get maximum FMR through section 8 in Louisville?