Margarita A.
Mental block buying your first property
27 April 2024 | 19 replies
Wondering if others have had any mental blocks when making offers on their first property or buying their first property in general.What were they and how did you overcome them?
Aliz Raksi
Success with the Just & Reasonable Rent Adjustment Program in LA?
25 April 2024 | 15 replies
Offer cash for them to "voluntarily" leave. - not my first choice, unethical, needs cashb) Get to do a 13% or 19% rent increase if rents haven't been increased since May 1977 or May 1976, respectively - I will find out if there are records going this far back in due diligence phase, if offer gets acceptedc) Operate with a loss or very low NOI for 1 year, after that we will be eligible to apply for a Just & Reasonable Rent Adjustment. - with this, we can potentially increase rents by up to 145% depending on a comparison with baseline 1977 level rent amount.I have 2 questions:1) If there exists these 2 other, legal ways to increase rent in a rent controlled area, why does it seems like the only option most investors consider is cash for keys?
Mary Pastoral
First deal needing major renovation: proceed or terminate the contract?
26 April 2024 | 4 replies
@Patricia Steiner, thank you for your insight.
Brian Kloft
Anyone on here that lives or works in Ashland Oregon?
25 April 2024 | 4 replies
@Lawrence Potts splits time between Salem and Ashland/Medford area, so he'd have some insight!
Beth Anderson
Pace Morby has Blown my Mind!!
26 April 2024 | 9 replies
They can fill knowledge gaps, manage risks, and provide valuable insights that YouTube and books might miss.
Tony Mendoza
Transferring House Hack to LLC??
28 April 2024 | 11 replies
Some would argue this offers more protection.
Brian Howse
Rent / Condo / Duplex?
27 April 2024 | 1 reply
It also offers a tax deduction and is a homestead protected against most financial issues or non payment under a Chapter 13 law and a rental is basically a debt burden that if you cannot pay or something happens you get evicted.
Alex U.
High cost of Affordable housing
27 April 2024 | 3 replies
As the local governments struggle to manage tax payer money responsibly, they should really offer incentives to private builders to build "income restricted" at a much lower price. $220-$300/ft for vertical build costs.
Samson Hall
Looking for advice wholesale
25 April 2024 | 5 replies
If anyone has advice or would like to take me up on the offer be free to message or comment.