Sam M.
Pomona Calif Rent "Stabilization" | Mayor & City Council meeting | Aug 7, 2024
8 August 2024 | 1 reply
Not the ignorant politicians that made the rules that led to this easily predictable outcome.
James McGovern
Banning Tenants from Displaying Democratic Posters on My properties
2 August 2024 | 4 replies
I am thinking about updating my lease to prevent tenants from displaying Democratic Posters of any one running for elected office that champions ideas such as Rent Control, Gun Control or other anti-landlord ideologies.
Will Barnard
Another Will Barnard Project in Sherman Oaks, CA
7 August 2024 | 0 replies
What was the outcome?
Kris B.
NAR settlement effect
7 August 2024 | 13 replies
And how the system would create negative outcomes for those who did negotiate lower fees.
Jorge Abreu
✨Gain a Competitive Edge with Due Diligence
7 August 2024 | 0 replies
Use third-party experts for thorough analysis and efficient software for streamlined documentation to enhance your due diligence reports.In my experience, leveraging due diligence can lead to better outcomes.
Daniel M.
Seeking Advice on Using Retirement Funds for Real Estate Investment
7 August 2024 | 32 replies
I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.Current Financial Situation:Significant savings in 401(k) and IRA accounts.Additional funds in a taxable brokerage account.Age: 40, with a relatively high effective tax rate.Limited emergency fund.Existing Duplex:Mortgage with a 75% LTV ratio and a high interest rate.Modest annual cash flow.Withdrawal Scenarios:Scenario 1: Withdraw everything today at age 40, resulting in a 35% loss to penalties and taxes.Scenario 2: Withdraw at age 60 with growth scenarios ranging from 1.3x to 2.3x the initial balance.Proposed Real Estate Investment:Purchase two additional duplexes with a 75% LTV and 6.635% interest rate on a 30-year term.Projected outcomes include appreciation, cash flow growth, loan amortization, and tax benefits.Comparison of Real Estate vs.
Thomas Yokum
Completed First Investment (BRRRR Method)
6 August 2024 | 5 replies
Renovation What was the outcome?