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11 January 2025 | 9 replies
-Opportunity cost: A 7% interest rate isn’t great, but if you think you can achieve returns higher than 7% by buying another cash-flowing property, paying off the mortgage might not be the best use of funds.Now, let’s explore saving to buy another property:Investing in a Second PropertyPros:-Diversifies your portfolio, reducing risk if your Palm Desert STR underperforms or faces challenges (e.g., stricter regulations or lower demand).
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31 December 2024 | 4 replies
I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the prope...
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9 February 2025 | 173 replies
The pricing data on Zillow, Redfin, etc. likely doesn’t reflect properties that have been recently updated or rehabbed.
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7 January 2025 | 8 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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11 January 2025 | 2 replies
My assumption is that the majority of those were subsequently insured with Cal 'Safe' but I have no data to confirm that.
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26 January 2025 | 48 replies
Something has to get better in that market as the regulations are too confining and essentially up to interpretation by the city explore you engage with.
8 February 2025 | 89 replies
I am collecting all this data in order to ask for an investigation so it can be determined by the authorities if there are any leal consequences.
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6 January 2025 | 13 replies
I did not do a separate criminal background check as I trusted the info from Zillow (Big lesson learned never to trust the Zillow data again in life).
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10 January 2025 | 12 replies
I need to source the data myself, run the numbers, check the calculations, eventually build my own custom spreadsheet etc.
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2 January 2025 | 1 reply
We want to explore investing in different type of property or doing airbnb.