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17 October 2024 | 6 replies
There are new laws affecting California transactions in 2024, some of which are very relevant to investors and house flippers.According to the California Association of Realtors, starting July 1, 2024 most 1-4 unit properties that are resold within 18 months (aka flips) must disclose:- repairs, renovations, room additions and structural modifications that were performed by a contractor with whom the seller entered into a contract- the name and any contact info for the contractor for any work over $500- any permits obtainedSo you still can be an HGTV star, just make sure you do it by the book. :)Have any of you flipping in the Los Angeles area been affected by these new disclosures?
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8 October 2024 | 3 replies
I see a lot of EV charger companies popping up and contacting me. I was wondering if anyone has gone through with adding them to their units. If so, why did you do it? Could you talk a little about the process and num...
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17 October 2024 | 14 replies
Once you get more units you can offer to stay at one to wait for other property they desired to come available.
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18 October 2024 | 1 reply
For BRRRR investors, seasoning requirements can significantly impact your ability to quickly recycle your capital.While most lenders require you to hold the loan for at least 6 months (aka "seasoning"),Fabulous 5BUY - short-term bridge financing to help you with investment property acquisition.REHAB - With up to 100% rehab financing, you can stay liquid through renovations.RENT - Tenant in place or future tenant.
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18 October 2024 | 6 replies
Let them work with you on your ARVs when you get serious about a property (don't thow them a thousand deals you see and expect them to do CMAs all day long...make it worth their while).
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17 October 2024 | 3 replies
Based on your question I would also advise you to seriously consider using a property manager.
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17 October 2024 | 4 replies
@Nam Pham Assume likely an older property on a pier and beam foundation, as compared to a slab foundation?
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8 October 2024 | 17 replies
Can anyone recommend a property manager who deals with condos?
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17 October 2024 | 6 replies
I, like you, have a handful of my own STR properties that I self manage, and manage just shy of 20 STR properties located in Bryan / College Station, Tx for out of state/country investors.
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8 October 2024 | 6 replies
Hi everyone, I have a property in Swannanoa that was affected by the hurricane.