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2 July 2018 | 19 replies
Oakland is gentrifying and rent control or liberal politics (like 'em or hate 'em) won't stop that trend...it's just a matter who's making the money.I hear what the out of state crowd is saying, but (caution - incoming anecdotal evidence) my buddy has bought other people's midwest fix and flips with no chance for forced appreciation (in fact the building depreciates over time as housing values remain flat factoring inflation), Lower Cap rate and greater risk than I experienced house hacking.
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22 May 2018 | 8 replies
Long-term a San Diego SFR has a good chance to be a good investment but the smart RE investors are not purchasing them at retail and many of them are taking a loss in the short-term.Your brother-in-law likely is not so dire to sell to be willing to take significantly below retail price.
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19 May 2018 | 16 replies
My plan is to call her and give her “one more chance” to see if she “accidentally” picked it up while reminding her that her lease is up.Her moving will cause her to possibly put her kids in a different school district which would be a big problem I also contacted my attorney and I am waiting to hear back from him as well.
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22 May 2018 | 5 replies
Rent estimate $1,100 - $1,300 ARV $90,000My goal is to own an apartment complex.
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22 May 2018 | 16 replies
I use it as a tool in the very back of my toolbag just in case by chance a seller is interested.
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19 May 2018 | 3 replies
Does anyone have information on the state and federal capital gains tax (Iowa to be state specific) I have clients wanting to flip and would like to give them an accurate estimate of proceeds.
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19 October 2018 | 1 reply
We live in San Jose, CA and the redfin estimate of the house is about 1 million (I understand this is not the most accurate pricing, but it gives you a general idea what the house is worth).What we are considering is taking out another Home Equity Loan to renovate the house and add an attachment (450-499 sqr ft.).
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31 July 2018 | 4 replies
I’m in the process of buying my first home, I have two strong options one has been on the market for about a year and is a 2 family with 3 beds in each unit listed at 149,900$ also has a finished attic but needs new siding (estimate about 14-18k).The second is also a 2 family listed at 129,900$ one unit has 1 bedroom the other unit is 3bed room home needs no work except garage needs to be rebuilt or knocked down (which I would prefer to rebuild) which in estimating to be at least 15k.
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18 May 2018 | 1 reply
Is there a way for my parents to advertise the bank's sale of the house to drum up interest and maximize chances of healthy bidding?
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24 May 2018 | 8 replies
Gives you a chance to grow your portfolio quickly2.)