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3 November 2021 | 3 replies
I agree that learning the art of sourcing off-market opportunities will serve you very well--both now, and in the future...whether you perceive the market to be competitive or not.
3 November 2021 | 1 reply
Purchase Price: $369,000Rehab costs to date (Cash/0% Credit card): $22,000Additional cosmetic rehabs: $6-8kAs-Is Appraisal: $420,000 (April 2021)Current Rental Income (friend living with me): $800Mortgage: $2000Comps in the area: $490-560K but average sqft price $264 with prop size of 2450 sqft, so could be more.Rentals in the area: $2.5-2.9K a month, not including additional living space.My financing/current capital methods:Personal Income: $129,000 a year.Rental Income from above: $800Student loans: $340 a month.No other debts other than CC payments for rehab and personal debts: $12,000.Savings (does not include investment accounts, 401k or IRA): $12,000Cumulative CC Limits: over $50k.My questions include: What are my best options to get this thing to cash flow while adding as much value as possible for a refinance (pay off CC and have cash for another off market property I have in the wings).
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2 November 2021 | 0 replies
Hi beautiful people ,I will need to sell a condominium in Hollywood, CA.At the present moment, it is the unit for sale in the same complex.Asking 779k.Same apartment size.
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3 November 2021 | 2 replies
What size and type of multi specifically?
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6 November 2021 | 19 replies
It will be a loud and annoying process with someone in the house but it can be done and with a regular sized crew can be done pretty quick; the rafters are already cut and bird-mouthed and you might be able to reuse the decking.
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4 November 2021 | 3 replies
If the contractor is doing any significant structural work, or adding on to the existing home/building, then I'd certainly discuss them having their own builders risk policy due to the size and scope of the work they're doing.Hope this helps sir!
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13 November 2021 | 3 replies
The house is a 3/1 with a detached 2 car garage that also has a medium sized enclosed room that was rented out by the previous owner.
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3 November 2021 | 3 replies
We would like to serve the three-day Notice to Comply or Quit for Non-Compliance, but my husband and I live in San Diego and they are in Wheatland,CA.
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21 November 2021 | 11 replies
I knew the basement was filled with tires, but it's a medium sized house (1200 sqft).
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3 November 2021 | 5 replies
The property isn't a direct comp since the lot is over twice the size and it has a garage where the other home didn't.