Sephr Bemanpour
New to real estate investing, any tips on identifying markets for SFH/MFH rentals
15 October 2024 | 4 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
Bryan Liu
Need advice on financing rehab for investment property
16 October 2024 | 9 replies
Depending on which brokerage you use, you could possibly borrower against your securities holdings with a line of credit (similar to a margin loan) if it's not a retirement account. 30-35% of the balance would likely be within reach, but make sure you FULLY understand margin calls and when they would trigger.
Sanjeev Advani
CAA Opposes Extreme Heat Bill Over Costly Air Conditioning Mandates
8 October 2024 | 1 reply
The bill, introduced by Assemblyman Isaac Bryan (D-Los Angeles), would require local governments to update hazard mitigation plans to address extreme heat by January 1, 2028.CAA’s concerns center around the potential for costly retrofitting mandates, particularly for older buildings not equipped for modern HVAC systems.
Austin Fowler
Running a debt fund to acquire assets
13 October 2024 | 2 replies
I'm extremely open and willing to share everything that I do.
Fabricio James
Key Opportunities in the United States for Investing in Luxury Properties
15 October 2024 | 1 reply
Investors looking for palatial mansions with ocean views, extreme privacy, and access to Hollywood's elite find Los Angeles the ideal place.
Jonathan Bock
I need that structure.... the fascination with entity
12 October 2024 | 7 replies
But I can still use an FHA loan and then transfer the property for $1 to obtain maximum protections of an LLC with maximum leverage.They are told this can trigger due on sale clause and will still will be paying transfer taxes based on the properties assessed value + deed prep, recording and misc. title expenses.
Jonathan Feliciano
What's it like having a business partner?
16 October 2024 | 14 replies
That is an extremely risky proposition.
David Cianci
Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
Particularly when it comes to residential properties, most lenders would rather lend to people than LLCs.Transfer of Property: Your mortgage's due-on-sale clause may be triggered if you subsequently decide to transfer a property that you now own in your name to an LLC.
Daniel Stevens
New member and excited to get some initial properties
14 October 2024 | 2 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
The CSLB is extremely interested in protecting residential customers.