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17 October 2024 | 14 replies
The irony...the party of tolerance being intolerant.
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17 October 2024 | 14 replies
HOWEVER, for most investment property cash out programs you will be capped at 75% loan to value (the delayed financing piece does not effect this loan to value max).
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17 October 2024 | 6 replies
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?
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17 October 2024 | 16 replies
Would be happy to connect and knowledge share if you are Interested.
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17 October 2024 | 5 replies
Happy to be here and ready to learn from the community.
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18 October 2024 | 2 replies
Just looking to subdivide to offer the vacant lot, I don't believe rezoning would be necessary.
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4 October 2024 | 8 replies
You can certainly raise your room rates $30 to be more honest in your pricing.
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17 October 2024 | 5 replies
If not, your agent will likely be owed commission for any property that you purchase within the timeframe listed on your agreement.Lastly, how are you planning to find your own deals?
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17 October 2024 | 7 replies
I know how to get fantastically accurate estimates for simple single-family deals but was wondering if anyone had advice on where to start for running numbers for 50+ unit deals.Also, if anyone has any advice on helpful systems and technology - or for managing larger scale real estate businesses to be a valuable partner, I'd gladly listen.
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17 October 2024 | 2 replies
Is it as simple as signing paper work to transfer it or does she have to legally sell it to my LLC and if so what would we be looking at as far as being taxed on it?