John Villaruel
Evaluate Deal with 50% rule vs 2% rule
I'm looking at the 2 duplexes below:
Prop A
Price: $72.5 (accepted offer)
Monthly Rental Income: $1500
25% down 6% interest 30 year fixed: $326/month
Prop B
Price: $44.9 (listed price)
Monthly Rental Income: $1...
Alton Williams
When marketing do you mention that you're an agent
When you are marketing do you ever highlight the fact you are a licensed professional? Do you make mention of it during the buyer consultation in an attempt to get the listing if you and the owner can't agree to a dea...
Tricia Miller
Inspections and permits on BRRRrs
I am about to close on my first rental using the BRRRR strategy. We (my son and I) will be doing most of the work ourselves including roofing, siding, gutters, windows, new floors, kitchen, bath, and paint. No major f...
Kumar Gaurav
Impact of upgrades on tax/depreciation
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
Shilpa Matlock
1% Rule Properties are not Cashflowing
Hi All, I'm running my numbers and could use any tips. Is it possible to find properties that meet the 1% rule, but are still not cashflowing? I'm looking at deals (2-4 units), many of which seem to meet the 1% rule ...
Brian Larson
San Jose ADU Investment Progress
Over 2 years ago, I started out on a quest to explore and build an ADU at my personal home in the Northside Neighborhood of San Jose. In a few more months, this project will finally be completed. Given that this is ...
Jonathan Guerrero
Building an analysis method/plan to pick out good and bad deals
Hi everyone and Happy New Year. While gleaning through books, forums, and podcasts I have noticed a prevalent skill to buying a great deal and that is having a plan/method when analyzing property. I keep hearing the 2...
Mike Szabo
1031 Exchange question
Can anybody tell me if you are able to use the profits from a sale of an investment property to build another investment property on a lot that you already own when doing a 1031 exchange?
Fernando Mills
Rent Control in Los Angeles
Been reading a lot about rent control in LA but wanted to reach out to anybody who had experience with buying a rent controlled property since there seems to be so many caveats to the rules -- if a duplex was built in...
Phillip Dwyer
Vegas Prices Continue to Soar
I just read an article that shows Vegas is poised to meet the previous pricing peak very soon. Here's the link: GLVAR reports