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11 March 2024 | 4 replies
In San Diego I believe rents can only be raised by 10% per year (or 5% + local rate of inflation, whichever is lower)The idea of evicting a long-time tenant is awful, but I realize being a landlord involves difficult decisions and the real estate business is a business.Thank you for your thoughts!
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12 March 2024 | 36 replies
Getting a tax preparer to take an aggressive position on a return is not the same thing as what the ultimate correct position will be if you are audited (plus interest and penalties).
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11 March 2024 | 27 replies
Additionally, what are your thoughts on doing a vacation rental as your first investment property?
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12 March 2024 | 168 replies
Just going to wait another month to save up another $2,000 that I can use towards repairs on the 5th house.Hi Derek,New to investing here and wanted to get some of your thought processing behind your deals.
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12 March 2024 | 25 replies
I originally thought it would be an issue and provided streaming Charter but when I would ask after stays I was always told either no one bothered watching TV at all (too busy at the parks, etc) or they all had their own streaming services already and didn't need any.
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11 March 2024 | 19 replies
Hey there, I would be happy to give you my thoughts on your strategies if you want to set up a call. the underlined statement is completely incorrect though unless I am misunderstanding:" Nearby Rural: Limited development might mean slower changes to the landscape but potentially fewer surprises.
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11 March 2024 | 21 replies
On the same note I have tried to get her to invest in other properties with me and she is terribly risk adverse and just can’t stand the thought of having her name and credit being attached to a large mortgage even though I have explained numerous times about how the bills and mortgage payments are made by the rent payments. 97% of the time she continues to be supportive of me pursuing the real estate on my own and has been supportive of me retiring from my job to pursue it full time.
11 March 2024 | 4 replies
These are the options I've thought of:a.
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11 March 2024 | 6 replies
Thought that I would be able to get a more direct answer if I asked here.