
4 February 2021 | 2 replies
Hi, would like to get a few referrals for accountant to help with taxes with extensive knowledge on what can be deducted or depreciated when househacking.We bought our first duplex this past May and have been living in one unit with roommates and renting the other one out to tenants we inherited from the sale.
21 January 2021 | 0 replies
I have done fairly extensive research for my current model but my biggest concern is all of the potential things you can't really know about it until you get into a project that might jeopardize my short-term liquidity.If you're willing to share your experiences or deal details, I'm happy to help you however I can.

21 January 2021 | 3 replies
I'm thinking the extension of the eviction moratorium has something to do with the discount.

11 February 2021 | 6 replies
She has an extensive list put together.

18 February 2021 | 5 replies
If the properties you're buying don't need extensive rehab, sometimes you can get your core four in one exceptional property manager.

25 January 2021 | 2 replies
I also had concerns that the tenants would not leave, given the current extension of the eviction moratorium.

30 January 2021 | 3 replies
Think about 1- the out-of-pocket expenses (almost everyone gets this wrong)...and include all costs very conservatively...this includes things like the down payment, the inspection, appraisal, prepaids, points, closing costs, etc (find a good closing cost estimator or contact a local title agent to get buyer costs in your area)...and the extension of that is the condition of the property and needed repairs...if repairs are needed, that cash is coming out of your pocket....and you are paying property taxes, utility bills, to keep the yard up, etc...holding costs can grow very quickly if you run into renovation delays. 2- the relationship between the income the property produces and the purchase price. 3- realistic operating expenses...we've been able to run almost everything we manage at 20-30% of income...this isn't easy...most properties operate at 40-50% of income. 4- your goals...since you are a smart investor, you are not basing your decisions on cash flow, you are looking at long-term value, appreciation, debt-paydown, and most important, equity.That said, if you are buying a $60k property with no repairs, occupied at $800/mo. and operating at 40% of income, your ROI is through the roof on paper...but finding your true ROI is a more difficult task.What numbers are you using to analyze this one?

22 January 2022 | 5 replies
The statement from Newsom's office is here: https://www.gov.ca.gov/2021/01...I do not believe this has been approved by the legislature yet.I've linked 2 other interpretations of the extension proposal belowhttps://abc7news.com/ca-evicti..."

4 February 2021 | 2 replies
I am just starting out on this path and have done some extensive research into the market and potential opportunities, however I am reaching out to see if anyone is interested in either partnering or simply available to share their experience in something similar.

4 February 2021 | 3 replies
I have done extensive research in the area of interest and feel ready to dive in.