In wholesaling, I assume you buy and sell a significant number of properties.

Hi I just closed on my first real estate investment property today!

The OP's premise is these properties are managed by a property manager versus the owner.

So, from time to time we get contacted by someone, that’s probably bought one or two properties in their entire life. 

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?

It seems like a great market for that despite the property taxes.

It’s not always about making money—it’s about managing risk and having contingency plans in place when things don't go as expected.Don't let anyone tell you otherwise.

I am a construction manager for Lennar Homes, I build single family residential homes and multi-family townhomes for them.

Once you get more units you can offer to stay at one to wait for other property they desired to come available.

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.