would like to meet like-minded people 🏘️Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

@Mark Ainley hello Mark, could you also send me a copy of your notes with the eviction attorney?

I am looking to do some financing to build on one of my vacant lands.

Who are the owners of the company?

A lot of folks are talking about assumable mortgages ... - USDA, FHA and VA loans allow for a buyer to purchase from a seller, and the loan be transferred to the new owner.

And some months they go up, as your expenses do.Please don't make the mistake I made in one of my units.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Prop 33 will enable them to run as wild as they wish with rent control.Note that one sponsor of Prop 33 is Renters and Homeowners for Rent Control. 

Layout of bedrooms is awkward.

I'm curious, is there a way in a syndication to shift that depreciation that is of no use to me to another partner who can take advantage of it?