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10 October 2024 | 8 replies
I bought a duplex in 2014, no rent control. 2019 Rent control imposed.
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10 October 2024 | 1 reply
Hi everyone, I heard the rent control in CA will get voted in CA this November.
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15 October 2024 | 9 replies
Just a short list its like 50 ways to leave your lover there are 50 gothcas in sub to. 1. the easiest for everyone to understand the sub to violated the Alienation clause in the mortgage or deed of trust and holder of the mortgage DT / Note decides to call the note due and payable and starts a foreclosure. 2. foreclosure started and the person who bought sub to has no means to pay it off or refinance it and the original sellers credit get trashed and if its a deficiency judgement state even on an owner occ like Texas lender sues original seller for the deficiency. 3. this kind of investing or acquiring assets tends to attract those with limited resources so they have no ability to fix things they decide to scale up and then it goes out of control and sellers are really harmed4. deal goes south and original seller sues or files complaint with AG. 5.
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16 October 2024 | 5 replies
Landscaping and Pest control seem cheap to me, but not knowing location, there's no way to actually know.
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16 October 2024 | 10 replies
I still think syndication investing is fine within a self directed Roth IRA (or traditional IRA).The hold time on a syndication may only average about 5 years, which means when investing outside a syndication you are usually recapturing that depreciation anyways at a time you cannot choose/control as a limited partner.
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15 October 2024 | 1 reply
The issue with that property was we didn't control the rehab under budget and timeframe.
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17 October 2024 | 12 replies
Even if their license is expired, the commission may be able to reach them and motivate them to send funds to you and communicate long enough to get control of your property back.Start looking for a new property manager.
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15 October 2024 | 5 replies
I guess RentRedi wants to control everything and everyone involved in their system.
18 October 2024 | 34 replies
It took me a while to get comfortable with 30y mortgages.You have to learn how to control that.
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15 October 2024 | 4 replies
If you fail to pay your mortgage, the first lien can get control of the property or recoup money from the loan guarantor - probably you.