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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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25 October 2024 | 10 replies
I feel like I keep hearing that wholesalers are the worst and do illegal things.
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29 October 2024 | 1 reply
In our recent acquisition of a 34 SFR rental portfolio, we are exploring different approaches to handle this efficiently.
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31 October 2024 | 2 replies
Would love to connect and learn about strategies that work for you.
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19 October 2024 | 8 replies
From a few people I know that do STR in Bali, I can confirm it's highly profitable.
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16 October 2024 | 10 replies
and that company couldn't care less on what you were planning, or how shiny your countertops are.
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30 October 2024 | 1 reply
I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!
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25 October 2024 | 26 replies
That surely would be the upside.