Anyone have experience partnering with a fist time home buyer/low income partner in CA to add to your portfolio?

My spouse Luba at that point was very tired of these living conditions, the income instability, and the investment in the house, which she felt was my personal big mistake.

My wife and I are looking to diversity our investment and getting some passive income.

I have a number of personal contacts, I believe, who would be interested in coming in on a loan with me, allowing me to manage all the details for a decent return (backed by collateral).

Hello BP, I need to utilize cost segregation to offset my 2023 W2 income. 

The losses will stay with the property and not move over to your personal income side.

, do you want income 4x monthly rent, instead of more typical 3x?

If you can’t, then try to go 5-story and get more density of units. 4-story usually incurs all of the additional cost for commercial code without the additional income from higher density.

I own a recently renovated duplex in the DTLA/Westlake area and I have been searching for a local property management company with experience in lower-income, multi-unit zoned neighborhoods.

Passive income here I come